Assets Of The Company To Restructure

The outburst of the US sub-prime mortgage crisis triggered the global financial turbulence, which has brought to many corporations fierce challenges and great opportunities as well. Since the end of 2008, the asset restructuring of the listed companies that is oriented by industrial integration has constantly emerged as a result of Chinese economic stimulus package and Chinese enterprises' self-development, forming a pretty scene in the "cold winter". It is foreseeable that after years of practice in the capital market and with support from the related policies issued, the asset restructuring of Chinese enterprises will transform into being market-oriented from being government-oriented, and Chinese capital market will step into a new era of asset restructuring from then on.In the process of defining asset restructuring and describing its history, cause of formation, modes and exchange patterns, this paper used demonstration analysis method to focus on the discussion of the asset restructuring cases occurring in China in recent years, further brought forward the idea of guiding corporation restructuring in financial crisis with Scientific Outlook on Development, and finally provided new thoughts for corporation development.The body of the paper includes 11 chapters:Chapter 1 introduces the conception of asset restructuring and introduces its different definitions in China and western countries.Chapter 2 briefly describes the five big tides of corporation acquisition in western countries and their features.Chapter 3 analyzes the causes of asset restructuring and the causes for Chinese asset restructuring.Chapter 4 describes the different types of asset restructuring.Chapter 5 briefly describes the history and current features of Chinese asset restructuring.Chapter 6 discusses Chinese asset restructuring modes with cases.Chapter 7 discusses the exchange patterns of asset restructuring with cases.Chapter 8 briefly introduces the related laws and regulations concerning asset restructuring of Chinese listed companies.Chapter 9 talks about the extreme asset restructuring: debt restructuring and bankruptcy restructuring, which explains the new regulations concerning asset restructuring stipulated in the new bankruptcy law and analyzes the related cases. Chapter 10 summarizes the challenges, briefly describing the domestic and abroad economic situations and brings forward the new idea of guiding corporation restructuring with Scientific Outlook on Development.Chapter 11 is about reconsideration, which reconsiders cross-shareholding's positive and negative effects on the company that the author works with and then raises the suggestion of solving the problem by asset restructuring.