国企债务重组的“重庆经验”

"Chongqing Experience" of Restructuring the Debts of State-Owned Enterprises

重庆机电控股集团再次焕发了活力。2005年，重庆机电控股集团披露的财务报告显示，该集团在基建费用增加10％、支出职工医保费用几千万元的前提下，盈利竟达2亿元。如果把合并后重汽集团的利润加在一起，集团当年盈利达4亿多元。

Chongqing Mechanical and Electrical Holding Group (CMEH) regains its vigor again. In 2005, the financial report that issued by CMEH has shown: The group still gain 200 million yuan even though its basic construction fee has raised 10% and paid more than 10 million yuan for stuff medical insurance. If added the profit of the merged Heavy Automobile Group, the profit of the whole group can reach 400 million yuan. But just a few years ago, CMEH still suffered losing money in successive years, only in 2003, the loss reached 80 million yuan. What saved CMEH who was called 'large and ragged ship' by industrial companion before? Probe into the case and the journalist has found that 'packaging' and buy back the large sum of bad loan from the bank and help State-Owned Enterprises solving the fast knot is the key for the reborn of CMEH. In 2004, Chongqin municipal government creatively founded the first local assets management company in China -- Yu Fu Company, which plays with the magic trick of capital and sets up the 'Chongqing experience' of restructuring the debts of State-Owned Assets.