No, according to official website's inquiry, Jinan Capital invested in Boya Company. As of February 23, 2023, the company had not filed for bankruptcy. Jinan Pioneer Boya Building Materials Co., Ltd. was established on June 20 19 19. Its registered place is located in the east of G 104, South of Sungeng Sub-district Office, Qibu District, Jinan City, Shandong Province, and its legal representative is Yan Qishan.