Recently, public information reported that Hubei and Guangdong have "distressed" ceramic enterprises or "on the verge of bankruptcy" ceramic upstream enterprises, which have regained their vitality with the intervention of local courts, which not only helps enterprises get rid of difficulties, maintain their ability to continue operations, but also protect the rights and interests of creditors to the greatest extent.
Case 1. A distressed pottery enterprise in Hubei "lives to death".
According to the surging news report, recently, Hubei Qichun Court presided over the first creditors' meeting of bankruptcy liquidation of a ceramic company, and the meeting voted to adopt the settlement agreement, which not only effectively protected the legitimate rights and interests of creditors, but also pressed the "restart button" for the enterprise, and achieved a win-win social effect.
According to the case review, a ceramic company was established in 2013, but due to the market environment and poor management, it began to suspend work and business in December 2019, unable to pay off its external debts and could only rely on external leasing to maintain basic expenses.
In September 2023, the creditor Zhang (pseudonym) applied to the court for bankruptcy liquidation on the grounds that the ceramic company owed him unpaid. In October 2023, the court ruled to accept the case and selected a liquidation service company to act as the bankruptcy administrator of the ceramics company.
During the trial, the bankruptcy trial team of the Second Civil Court led the administrator to the scene to hand over the assetsIt was found that many production lines of the ceramic company still have production and operation capabilities and salvage value, and the company can obtain an annual income of 5 million yuan through foreign contracted operation.
The bankruptcy trial team immediately held a meeting to conduct research and judgment, and conducted an accurate analysis from factors such as the assets of the ceramic company, the operating conditions, the possibility of resuming business and the real needs of the creditor debtor, and found that the ceramic company still has the possibility of reorganization or reconciliation.
In order to take the initiative to play the role of the adjudication function, the bankruptcy trial team has communicated with the administrator, the debtor and the creditor for many times, and actively facilitated the debtor and the creditor to reach the Bankruptcy Settlement Agreement (Draft), and submitted it to the meeting of all creditors for voting. Finally,The settlement agreement was voted on by creditors, and as a result, a distressed company was "born to die".
Image display **Unrelated case 2.
From the brink of bankruptcy to new developments,
Zhaoqing a ceramic raw material company "broken" the situation and was reborn
The same is the surging news, a ceramic raw material company in Guangning, Zhaoqing City, Guangdong Province is a small and micro enterprise that has been operating in Zhaoqing for many years, mainly producing and operating ceramic raw materials for construction. Since 2021, due to the downturn in the ceramic industry market, the company has been sued by multiple creditors and applied for asset seizure due to a large number of defaulting debts and difficulties in capital turnover.
Although the registered capital of the enterprise is only 300,000, and there is no land, real estate and other assets of higher value. However, the company has the rights and interests of ball mill production line, washing production line, large breaking production line and site use, and the production line has complete supporting facilities, with market value and rescue possibilities.
It is necessary to promote the overall disposal of the existing assets of the enterprise, retain and improve the market attractiveness of the enterprise as much as possible, and promote bankruptcy reorganization, which can not only improve the repayment rate, but also allow the enterprise to embark on the road of high-quality development. "The undertaker of the case communicated with the bankruptcy administrator on several occasions.
Soon after, the bankruptcy administrator fed back to the judge that Zhaoqing Ceramic Materials proposed an investment intention and investment plan, with an investment of more than 400 yuan. According to the ruling of the Zhaoqing Intermediate People's Court, a ceramic raw material company in Guangning introduced reorganization investors and reorganization funds through the reorganization procedure, retained the business license and existing production qualifications, and continued to resume production and operation at the original site.
After an open bidding auction, the above-mentioned Zhaoqing ceramic materials *** to 40250,000 yuan won the reorganization investment rights and interests of a ceramic raw material company in Guangning and became a corporate investor. After the investor paid off the money, the arrears of workers' wages of a ceramic raw material company in Guangning County were fully repaid, and 12% of the ordinary claims were also repaid.
According to the judge, some enterprises do not have many "hard assets", but have a certain "soft power" in terms of technical equipment and productivity, and for these "potential stocks", the court should give full play to the advantages of bankruptcy trials, promote the "integrated" disposal and optimization of production factors and resources such as factory land, equipment and technology, and labor, so as to improve the debt repayment rate and let the enterprise "reborn".
We are about to upgrade the existing production line, so that the raw materials can be further processed directly in the factory, and the production capacity is expected to increase by about 30% and reduce energy consumption by 15%. According to investors, after the company's "nirvana rebirth", the estimated annual output value is about 5 million yuan.
End of text).
Recommended viewing
In 2023, the performance of more than one ceramic enterprise hit a record high! Stop complaining about the cold market.
In 2024, the ceramic market may be more involuted, how to break the game?