Research On The Implementation And Financial Effect Of Erzhong Group Company Restructuring

With the continuous development of market economy,the competition between listed companies has become more intense.Survival of the fittest,the survival of the fittest,many listed companies because they can not stand in the fierce competition and financial difficulties,and ultimately led to the occurrence of debt restructuring events.More explained that the current competitive pressures of listed companies.Listed companies in the face of various financial difficulties,the listed company's cash flow can not repay the debt most likely to lead to the occurrence of bankruptcy reorganization of listed companies.In the face of this situation,usually as a listed company's creditors can have two options:first,after the requirements listed company bankruptcy liquidation with the remaining property to pay off debts;two is the way to solve the debt restructuring cry problem,which is the most effective way.As a debtor,the listed companies are usually willing to maximize their own interests by means of debt restructuring negotiations.This paper uses empirical analysis China double group debt restructuring from the practice of China's listed companies debt restructuring,of the reality in our country and foreign market,through the analysis of double group debt restructuring after the solvency,profitability,operation ability and growth ability of financial expansion effect index to analyze and judge the success of the case,Chinese double group after a debt restructuring by the turnaround,be a good reference for our country listed companies,is the serious loss of enterprise financial situation can know through debt restructuring the way to,so as to survive the loss in a difficult situation,through reform the transformation of aseries of methods for the long-term development of the enterprise reform provides transition period,to promote the development of China's listed companies.