Xuzhou Huaxia Group is operating normally. According to official website's inquiry, Xuzhou Huaxia Group used to be a local star real estate enterprise in Xuzhou, mainly in real estate, and successively entered Wuxi, Changzhou, Zhenjiang, Yancheng and other cities. 2065438+May 2005, Xuzhou Huaxia Group declared bankruptcy due to the break of capital chain. On the morning of April 19, Hongyang Commercial Group and Xuzhou Xinsheng Construction and Development Co., Ltd. formally signed a strategic cooperation agreement, and Xinsheng Plaza will be renamed Xinsheng Hongyang Plaza soon. Therefore, Xuzhou Huaxia Group operates normally.