Bankrupt. Taian is a city under the jurisdiction of Shandong Province. It is located in the middle of Shandong Province, bordering Jinan, the provincial capital, in the north, Qufu in the south, Linyi in the east and the Yellow River in the west. Haiwei Netcom in this city went bankrupt, and its loan amount reached 78.9695635 million yuan, which led to debt bankruptcy. So the company still has to pay it back.