Harbin, December 23 (Xinhua) -- A few days ago, "Nirvana Rebirth," the first film since the founding of the People's Republic of China that reflects the people's court's use of bankruptcy reorganization functions to help enterprises rebirth and promote development and revitalization, was publicly released in theaters across the country.
Nirvana Rebirth" is produced by Shandong Yinlitang Film and Television Media, and jointly produced by the Propaganda Department of the Qiqihar Municipal Party Committee, the Municipal Court, the Municipal Federation of Literary and Art Circles, and Jianlong Beiman Special Steel Co., Ltd. The film is based on the "bankruptcy and reorganization case of Beiman Special Steel, Beixing Special Steel, and North Forging Steel", vividly reproducing the whole process of the rebirth of the enterprise that was once known as the "pearl in the palm of the hand" of the republic through the bankruptcy reorganization procedure of the court, and vividly shows the advanced typical deeds of the court officers and police officers who have the courage to take responsibility, be honest and honest, and selfless dedication in judicial case handling and serving the overall situation.
Beiman Special Steel in the film, formerly known as Qiqihar Steel Plant, was founded in 1952 and has more than 10,000 in-service and retired employees. Since 2012, the company's production and operation have been in trouble, and in 2016, creditors applied to the municipal court for reorganization on the grounds that they could not repay the due debts. The Intermediate People's Court of Qiqihar City has successfully carried out a market-oriented and law-based reorganization of tens of billions of yuan of assets and debts of Beigang in response to the company's policies and targeted the first grade, and it took only 10 months to realize the "nirvana rebirth" of the enterprise. In 2022, the total value of enterprise production is 79 times, the average wage of workers reached 25 times.
The prototype case of the film, "Beiman Special Steel Bankruptcy and Reorganization Case", is the first successful bankruptcy and reorganization case of a large state-owned enterprise heard by the Qiqihar Intermediate People's Court since the revision of the Enterprise Bankruptcy Law of the People's Republic of China.
*: Xinhua News Agency client.