Liquidate doesn't mean destroy, it means finding assets of value, dividing them up if that gets better value, and selling them to pay off as much debt as possib

Liquidate doesn't mean destroy, it means finding assets of value, dividing them up if that gets better value, and selling them to pay off as much debt as possible. if Hengda is a going concern by it's self, then it might be sold off to a bunch of people to raise cash, or shares of it given to creditors to sell off them selves. but then there is the concept of senior and junior debtors, and the like.