RED SUN(SZ:000525) Xin Hua Ri Bao·2025-06-20 21:34Group 1 - The Nanjing Intermediate People's Court reported that over 420 billion yuan of debt was resolved, with more than 45,000 employees being placed, and approximately 2.18 million square meters of land and real estate revitalized over the past five years [1] - Since the establishment of the Nanjing Bankruptcy Court on June 12, 2020, a total of 9,604 bankruptcy cases have been newly filed, and 9,333 cases have been concluded, indicating a steady growth in the number of bankruptcy cases [1] - The average trial period for bankruptcy cases has gradually shortened, with a reduction of nearly 70% from the 2020-2021 period to the 2024-2025 period [1] Group 2 - Nanjing has pioneered a comprehensive bankruptcy protection model for small and micro enterprises, with over 1,300 small and micro enterprise bankruptcy cases concluded, saving more than 80 small and micro enterprises [2] - The average trial period for bankruptcy cases has decreased by approximately 43% for small and micro enterprises [2] - Nanjing Court has established a mechanism for the diversion of bankruptcy cases, cleaning up nearly 500 inefficient enterprises and completing the cleanup of one key enterprise listed in the State Council's cleanup list [2]