Gansu Yinguang Chemicals Group Company Limited Bankruptcy Plan Study

The enterprises of war industry have made significant contribution to the development of the defence construction and national economy of our country for a long time. And they still undertake very heavy tasks. However, due to the out-of-date equipment, infrastructure ages, untimely innovations of the research production facility and the technology, exceptional enterprise burden, and heavy enterprise social burden, professionals needed can not be brought in, and the staff quality drops. So the enterprises can not develop smoothly. At the same time, because of the department blockade, lack of appropriate competitions, lower efficiency, slow reaction to the market, and lack of vigour, the enterprise development is very slow and in a difficult situation. The state issued document [2002] No. 7 for the enterprise reform of war industry has carried out strategic deployment and overall arrangement, and put forward definite tasks, goal and requirement.This paper, through forecast and the analysis for Yinguang Company's present situation, combining the requirement that Yinguang Company establishes modern enterprise system, utilizing the related theories of " Company Law" and " Bankruptcy Law", has designed the company's bankruptcy scheme, and put forward supplemental measures and suggestions for the enforcement of the scheme.Yinguang Company is a national insure military enterprise, it canimplement minute to stand bankruptcy, that is, the first military article of the people divides to stand, and then implement policy bankruptcy for the article part of the people. It is excessly upright to know that this will make military article company capable and main, and perform better to insure the duty of official post in the army. Through bankruptcy, it can alleviate enterprise burden to the most part, and make the ability to participate in the competition of market greatly strengthened. Through asset reshuffle, it can establish a standard market that runs according to modern enterprise system, the new system will pour into vitality and vigour for the reshuffled enterprises, get rid of present difficult situation, and then develop much more quickly.This paper, adopting the research technique theory and practice, synthesizing to utilize viewpoints and modern theories of the subjects such as law, theory of economy and the management of human resource, has suggested a reform plan that suits Yinguang Company's actual condition.