化解危局盘活资产

Core Insights - China Orient Asset Management Co., Ltd. successfully exited the bankruptcy restructuring project of Shandong Fangyuan Nonferrous Metals, revitalizing over 6 billion yuan in existing assets and resolving more than 37 billion yuan in bad debts [1][2] - The restructuring involved 475 creditors receiving legal compensation and over 1,600 employees achieving stable employment, while also addressing social security arrears [1][2] Group 1: Project Background - Shandong Fangyuan Nonferrous Metals and 20 other companies are key players in the regional copper smelting industry, having faced severe debt crises since 2019 due to market fluctuations and management issues [2] - In June 2022, a regional court ruled for the substantial merger and restructuring of these companies, with China Orient leveraging its expertise in bad assets to inject new vitality into the project [2] Group 2: Strategic Approach - China Orient collaborated with restructuring investor Zhongjin Lingnan to implement a dual-driven strategy of "capital increase + debt acquisition," creating a synergistic system of "industrial operation + financial empowerment" [3] - The partnership allowed for a division of roles, with Zhongjin Lingnan leading industry development and China Orient providing financial resources and bad asset investment experience [3] Group 3: Achievements - Since 2023, the restructured Shandong Zhongjin Lingnan Copper Co., Ltd. has significantly increased cathode copper production while reducing processing costs and energy consumption, successfully turning losses into profits [4] - The project exemplifies how China Orient activated market elements and nourished the real economy through financial means, aligning with national policies for the copper industry's high-end development [4] - China Orient aims to continue supporting the green transformation of the economy and explore new models for green finance development [4]