No, according to official website's inquiry, Zhuzhou Great Group has not gone bankrupt. The predecessor of Yuanda Group is Zhuzhou Construction Engineering Company. In 2000, the enterprise was insolvent and on the verge of bankruptcy. Later, under the leadership of Deng Tianji, chairman of Yuanda Group, through restructuring and innovative measures, the enterprise gradually embarked on the right track of benign development. Gretel Group has become a large-scale modern enterprise group focusing on urban-rural integration and integrating fund management, energy-saving buildings and cultural tourism.