JC Master Achievements | JC Master Lawyers Assist Enterprises in Transitioning from Bankruptcy to Resumption of Production

On July 3, 2025, the Nanjing Wuxian Dongli Technology Co., Ltd. reorganization plan was formally approved by the People’s Court of Lishui District, Nanjing City, Jiangsu Province, with JC Master Law Office serving as the administrator. By precisely implementing a “pre-reorganization plus reorganization” model, this case successfully rescued a high-tech enterprise possessing rare and valuable qualifications, effectively resolved its debt crisis, preserved its core assets, and provided a practical example for optimizing the business environment.
 

As Jiangsu Province’s first high-tech enterprise to hold full qualifications for the recycling and reuse of spent power lithium‑ion batteries, Infinite Power holds environmental impact assessment and pollutant discharge permits that are both rare and highly valuable in the power battery‑recycling sector. However, since 2022, the company has faced severe operational difficulties, triggering a debt crisis, a surge in litigation, and obstacles to financing, leaving it on the brink of bankruptcy liquidation. Should liquidation occur, its core qualifications would be lost, resulting in substantial losses of industry resources and posing risks to social stability.
 

On January 23, 2025, the Lishui People’s Court decided to initiate pre-reorganization proceedings for Infinite Power Co., Ltd., with Attorney Xu Tao of our office appointed as the head of the administrator. Under the court’s guidance, the administrator conducted an in-depth analysis and formulated a rescue plan centered on “liquidation‑style reorganization”: First, the legal entity of “Infinite Power” was successfully preserved, with the original shareholders’ equity adjusted to zero; debts were repaid in accordance with the law using investor funds and the company’s assets, laying the groundwork for its revival. Second, core intangible assets—such as environmental impact assessment qualifications and pollution discharge permits—that could not be separated were precisely identified and retained within the original entity, making them the cornerstone of the reorganization’s appeal and value. Third, through a market‑driven, open solicitation process, a strategic investor was successfully brought in; upon payment of the consideration, the investor acquired 100% of the company’s equity and assumed responsibility for the core qualifications, enabling the enterprise to return to the market with a leaner structure. Finally, the reorganization plan explicitly provides for the full repayment of employee claims by the investor, thereby effectively safeguarding workers’ rights. This fair and feasible plan was approved by overwhelming majorities across all creditor classes, with the ordinary creditors’ group achieving a passage rate exceeding 95%.
 

Under the professional leadership of our office’s insolvency team, the restructuring has yielded remarkable results: it has successfully preserved the rare and critical qualifications in the power‑battery recycling sector; leveraged market‑based approaches to maximize asset recovery, thereby enhancing the creditors’ repayment rate and safeguarding their interests; fully settled all employee claims, effectively upholding social stability and equity; and breathed new life into “Wuxian Power,” a company with a solid technological foundation and strong brand value, injecting fresh momentum into the new‑energy circular economy.
 

On the morning of October 28, 2025, a handover and resumption-of‑operations ceremony for Infinite Power Co., Ltd. was held in the Lishui Economic Development Zone of Nanjing. Attending the event were Fu Qiang, Deputy Secretary of the Party Working Committee of the Nanjing Lishui Economic Development Zone Management Committee; Shi Shifu, Member of the Organization Committee of Zhetang Subdistrict; Qin Qihui, Member of the Party Leadership Group and Vice President of the District People’s Court; as well as several deputies to the People’s Congress, members of the Chinese People’s Political Consultative Conference, representatives of investors, creditors, and administrators. Media outlets including Jiangsu Provincial Television, Xinhua Daily, and Jiangsu Rule of Law Daily were also present to witness the occasion.

On-site handover of seals and certificates between the administrator’s representative and the investor’s representative.
 

The successful reorganization of Infinite Power Co., Ltd. fully demonstrates JC Master Law Office’s professional expertise and practical capabilities as a administrator in complex bankruptcy and restructuring matters. Relying on its precise assessment of the core value of distressed enterprises, its innovative application of restructuring strategies, and its ability to balance and safeguard the interests of all stakeholders, the office coordinated the efforts of all parties involved, ultimately achieving a harmonious integration of legal, social, and economic outcomes.

Employees and representatives of creditors presented a banner of appreciation to the bankruptcy administrator.