如何正确理解“债转股”

Radical Understanding of "Swapping Debt into Equity

“债转股”是解决国有企业过度负债经营的新思路 ,能给企业一种新的生存机遇 ,但是 ,“债转股”并非能顺利按照预料的运作机制发挥作用。正确理解“债转股” ,以此为契机 ,建立有效管理约束机制 。

To swap debt into equity is a new way to help enterprises operate in debt.It can bring lease of life to enterprises.However,it may not function as expected.The only way out for enterprises is to properly understand 'swapping debt into equity',and set up an effective managing and binding institution.