NCGF has been applied for reorganization and pre-reorganization by creditors
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According to the Zhitong Finance APP, NCGF announced that the company received a "Notice Letter" delivered by creditor Ling Yun (hereinafter referred to as "the applicant"). The applicant applied to the Quanzhou Intermediate People's Court of Fujian Province (hereinafter referred to as "Quanzhou Intermediate Court" or "the Court") on March 17, 2025, for the company to undergo reorganization and pre-reorganization, citing the reasons that the company cannot repay its due debts and is obviously lacking in repayment ability, but has reorganization value
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