HOPE2
Level 9
12-28-2024
01:04 PM
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Yes, Puxin Ltd is considered bankrupt as of April 2022, when a Cayman Islands court ordered the company to be wound up following a creditors' petition, effectively placing it in liquidation.
Key points about Puxin Ltd's bankruptcy:
- Court order: The Grand Court of the Cayman Islands issued a winding-up order against Puxin Ltd.
- Reason: A creditors' petition was filed against the company.
- Status: Currently considered in official liquidation.
