Research On Debt Restructuring Of State-owned Enterprises

The status of central enterprises and local state-owned enterprises in China's economic sector is the backbone and backbone.The success or failure of the reform of state-owned enterprises is directly related to the overall level of the national economy of our country.The reform of state-owned enterprises in our country starts with the public ownership as the main body and the state-owned economy taking the absolute advantage.At present,due to the impact of the international and domestic economic situation and the increasingly fierce market competition,many state-owned enterprises are in financial distress,their own debt burden is heavy,and because of the very tight cash flow,the maturing debt is often unable to be paid back on time.In this case,the creditors and debtors often choose to adopt the way of debt restructuring to alleviate the financial crisis of the debtor,but also to pay off the creditors' related claims.For the government,this is also good for the smooth operation of the economy,and will not be triggered by corporate bankruptcy associated with turbulence.Debt restructuring is one of the eternal topics in the capital market,which is once again perfectly reflected in CNEG.The reason why this debt restructuring can arouse strong concern in the market has to do with the fact that it is an industry giant.It also has to do with its ample influence,but also with the market's concern about whether CNEG with SINOMACH can achieve one plus one more than two.Based on the status of the two enterprises in the industry,after a period of integration and integration,the scale will be corresponding to produce,Chinese machinery will play a great influence in the machinery manufacturing industry.And make a positive demonstration sample for the debt restructuring reform of state-owned enterprises..This article first expounds the debt restructuring related concepts and theoretical basis,and then from the macro level analysis of the current situation of our country state-owned enterprise restructuring,and debt restructuring of financial difficulties definition,related party transactions,information disclosure,common problem such as fair value assessment,introduced to the CNEG case,from the micro level analysis of debt restructuring,debt restructuring,the related problems in the process of and the practical effects of the debt restructuring last using the related theory summarizes conclusions and enlightenment.