The STATEMENT of WuXI Seamless Oil Pipe Co.,Ltd
On the 7th August 2015, the second meeting of Wuxi Seamless Oil Pipe Co.,Ltd’s creditors has been held by Wuxi City Xishan District People's Court in Wuxi city. During The meeting the debt restructuring plan of Wuxi seamless oil pipe Co, Ltd has been accepted, a new reforming investors Shenyang Zhongyou TIPO material &Equipments Co., Ltd has been introduced to implement the business plan.
The <civil written verdict > issued by Wuxi City People's Court Jiangsu Province on the 18th August 2015 approves the debt restructuring plan of Wuxi seamless oil pipe Co, Ltd and stopped restructuring procedure, the ruling is the final verdict.
We state that, Wuxi seamless oil pipe Co, Ltd has regain the production and operation activities gradually According to the quality management system.
Wuxi Seamless Oil Pipe Co., Ltd
August 18, 2015 http://www.otcmarkets.com/stock/WSHLY/profile