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Jiangsu Dewei Advanced Materials Co Ltd
No.99 Shanan East Road
Shaxi Town, Taicang City
Phone: +86 51253229379p:+86 51253229379 SUZHOU, JNG  215421  China Fax: +86 51253222355f:+86 51253222355
Filed a Chapter 15 Bankruptcy Petition on 12/27/2021 to gain the recognition and protection of the US Courts for its foreign proceeding.
On 5/12/2021, a Pre-Reorganization Petition was filed against Jiangsu Dewei Advanced Materials Co Ltd (JDAM) in the Intermediate People's Court of Suzhou, Jiangsu Province by petitioning creditor, Taicang Yingxing Plastic Products Company ltd.
On 6/9/2021, the Intermediate People's Court of Suzhou initiated the Pre-Reorganization proceedings for JDAM by appointing an Interim Administrative Liquidation Group to the Company lead by Wu Jingyu, a Member of the Standing Committee of Taicang Municipal Committee and Executive Vice Mayor of Taicang Municipal Government.
On 12/27/2021, JDAM filed a Chapter 15 Bankruptcy Petition (21-19439) with the US Bankruptcy Court in the Central District of California to seek the recognition and protection of the US Bankruptcy Court for the Company and its subsidiaries during its foreign proceedings.
This company is no longer actively traded on any major stock exchange.
Business Summary
Jiangsu Dewei Advanced Materials Co., Ltd is a China-based company principally engaged in the research, development, production and sale of polymer materials for cables. The Company's main products are categorized in to insulation materials, shielding materials and sheathing materials, including cross-linked polyethylene (XLPE) insulation materials, internal and external shielding materials, automotive wiring harness insulation materials, elastomer materials, the Underwriter Laboratories Inc. (UL) series materials and general purpose polyvinyl chloride (PVC) materials. The Company's products are mainly used in the areas of electric power, automobile, shipbuilding, railway, home appliances, communications and construction. The Company distributes its products in domestic market and to overseas markets, with East China as its main market.
(Source: ARS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202212/31/2021Yes-Yes--

Industries
SIC Code Description
2821 Plastics materials, synthetic resins, and nonvulcanizable elastomers
2823 Cellulosic manmade fibers
3357 Drawing and insulating of nonferrous wire

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Deputy General Manager, Secretary of the Board, Director HongmeiLi 40 9/6/2016 9/6/2016
Deputy General Manager, Director HuiranAn 38 5/4/2017 5/4/2017
Independent Director XiaomingHu 59 5/4/2017 5/4/2017
Independent Director XiaoLi 5/4/2017 5/4/2017
Independent Director ChangshunWu 62 5/4/2017 5/4/2017

Business Names
Business Name
300325
Changzhou Nuode Chemical New Materials Co., Ltd.
Jiangsu Dewei Advanced Materials Co Ltd

General Information
Number of Employees: 667 (As of 12/31/2021)
Outstanding Shares: 1,005,743,085 (As of 12/31/2021)
Shareholders: 36,363
Stock Exchange: SHE
Fax Number: +86 51253222355


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Wednesday, April 3, 2024