According to the Tianqiao Crane announcement, the company previously disclosed that Tianqiao Liheng was accepted for bankruptcy and restructuring by the court, and later ruled to transfer 100% of the shares held by the original shareholders to Hunan Juzhong Hoisting Equipment Co., Ltd.; on September 3, 2026, Tianqiao Liheng completed the share change, and the company no longer holds its shares, no longer enjoys shareholders' rights, and assumes shareholders' obligations.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.