澄江静如练，江花红胜火。 2025年4月，江苏某磷化工股份有限公司（以下简称磷化工股份）斥资23亿元建设的电子新材料项 目在江阴正式启动，标志着这个老牌化工企业实现了从传统的"矿—电—磷"向新能源、新材料等高附加 值领域的战略跃迁。 谁能想到，就在三年前，这家始建于1994年的磷化工巨头还处在"退市"绝境，三重困境如同坚冰横 亘在企业面前：盘根错节的关联企业与复杂的股权架构，让重组方案设计举步维艰；众多市场主体交织 和交错的债务关系，令社会矛盾化解无从下手；多元化的涉足领域与繁杂的产业结构，使破产投资招募 之路荆棘丛生。 为探寻破局之道，记者走进江苏省江阴市人民法院。在这里，发现了破除"三重关隘"的"通"字密 钥。"通"字密钥开启的司法答卷，不仅助力企业浴火重生，更推动产业实现转型升级，为重大涉企债务 纠纷的化解提供经验。 执破融通：从"债务缠身"到"快速救治" 某集团公司是江阴一家千亿级企业集团，下辖磷化、石化、房地产三大板块80余家企业，其中，磷 化工股份是该集团公司核心磷化板块，产业分布在江苏、四川等十余个省市区。 2021年初，受原油暴跌等多种因素的影响和冲击，该集团公司财务状况恶化，包括磷化工股份在 ...

Core Viewpoint - The revival of the Weida Tower, a significant landmark in Foshan, marks a successful collaboration between judicial and market mechanisms to address the issue of unfinished construction projects [1][2]. Group 1: Project Background - Weida Tower, standing at 171 meters with 38 floors, was halted for over 7 years due to a financial crisis faced by its developer, Dapanheng Real Estate Development Co., Ltd [1]. - In November 2024, Donghui Company acquired the restructuring investment rights for 430 million yuan, leading to the resumption of construction by Foshan Housing Construction Group [1][3]. Group 2: Financial and Legal Aspects - The restructuring plan requires investors to provide approximately 26.4 million yuan in total costs, including 3.86 billion yuan in estimated property value [3]. - The court implemented a "partial cash + partial physical" repayment scheme to balance interests among stakeholders, ensuring the payment of over 6 million yuan in overdue wages to workers [3]. Group 3: Project Location and Market Context - Weida Tower is strategically located near the core business district of Qihua Road, with a total construction area of 75,800 square meters, including 44,200 square meters of office space and 10,500 square meters of commercial facilities [4][5]. - The surrounding residential projects have second-hand housing prices ranging from 13,000 to 21,000 yuan per square meter, indicating a robust real estate market in the area [5]. Group 4: Construction and Completion Timeline - The project is expected to be completed within 18 months from the resumption of construction, with physical delivery planned within 24 months, targeting completion by June 2027 [5]. - The revival of the project is seen as a means to improve urban aesthetics and enhance the overall image and attractiveness of Foshan [5]. Group 5: Funding and Investment Model - The successful resumption of Weida Tower is attributed to a new investment model combining private enterprise funding with state-owned construction guarantees, ensuring project quality and progress [6].

2025年1月，禅城法院成功推动通过达磐恒公司以"部分现金+部分实物"受偿债权方式完成破产重整，将 威达大厦交付东晖，并组织向项目工人发放600多万元的欠薪。 工程概况牌信息显示，该项目建设单位为佛山市达磐恒房地产开发有限公司，施工单位佛山市房建集团 有限公司，项目总高约171米，建筑面积约7.58万㎡，是38层超高层独栋写字楼，涵盖约4.42万㎡办公空 间和约1.05万㎡商业配套，计划2026年10月30日竣工。 据介绍，禅城法院作为广东高院确定的涉企案件"执破融合"专项行动的8家基层试点法院之一，2024年 成立全省基层法院首家"执破融合事务中心"，到今年5月，共移送审查破产案件136件，通过破产程序清 退企业118家，重整与和解盘活企业4家，化解债务49亿元，解决执行案件4752件。 6月5日，南都记者在现场看到，威达大厦主体建筑已落成，外立面原先残留的钢架、板材等被拆，裙楼 张贴有"庆祝盛大复工"的招牌，有工人正在地面作业。现场工作人员介绍：项目已正式复工，当前正在 进行地面清理工作，待施工队进场后开始建设。 针对威达大厦面临的"烂尾"难题，禅城法院借助"执破融合"改革，将执行案件导入破产程序寻求重整 ...