Zhejiang's first creditor's rights to equity enterprise set up favorable capital flow

BEIJING, April 30, Xinhua (reporter Dong Intern Wu Xian) 29th afternoon, the Zhejiang Bureau of Industry and Commerce issued the "Zhejiang Province Company's creditor's rights registration management interim measures", Zhejiang Surplus Animal Husbandry Technology Co., Ltd. as Zhejiang's first creditor's rights to equity enterprises, the first to eat crabs, received a business license,　　Creditor's rights are expected to formally embark on the stage of enterprise reorganization. As a kind of non-monetary property, creditor's right is one of the most common property rights in current economic life. The new company law, introduced in 2006, lists four types of ﹑ assets, such as the real ﹑ of intellectual property rights ﹑ land use, and other assets that can be financed with an assessment of transferability. However, in addition to the equity, the State Administration for industry and commerce has not yet to other Non-monetary property investment issues to be clear. Zhejiang Bureau of Industry and Commerce Enterprises Registry ﹑ Foreign Investment enterprise registration management Director Wu Baoquan said, "in nature, a considerable part of the claims in accordance with the conditions of investment, the creditor's rights as the sixth new assets can be invested, through the way of equity, the dismantling of capital flow barriers, to improve the liquidity of assets, Promote more property rights into capital. "Zhejiang Lu Yongxieng Animal Husbandry Technology Co., Ltd., general manager of the reporter in an interview, said that the full surplus animal husbandry technology company was founded at the beginning of the registered capital of only 5 million yuan, with the larger enterprises, financing difficulties became the bottleneck of enterprise development, the creditor's rights to equity, 10.74 million of claims into equity, In addition to the original shareholder part of the cash injection, the company's registered capital increased from 5 million years ago to the current 18 million, "this greatly reduced the corporate asset and liability ratio, increased the net assets of enterprises, improve the competitiveness of enterprises." "The reporter was informed that the open creditor's rights are still in the pilot stage, in order to further the work, the interim measures issued today in the scope, conditions and procedures for the financing of the debt have made special provisions." To the extent that creditors are allowed to finance their claims on the investee company, they are temporarily excluded from paying the investment company with claims against other companies, natural persons or organizations, that is, only if the debtor is an investee company.　　At the same time, temporarily excluding the foreign investment in the field of debt. In terms of conditions, the special requirements of legal and effective rights, clear ownership, power and integrity of the investment companies in the operation of the money, the kind of payment of the contract debt. The creditor and the investee company shall sign an undertaking to ensure that the creditor's rights meet the investment conditions.　　At the same time, the parties to the creditor's rights, including intermediary agencies, stipulate the code of conduct, and the violation of the provisions will be investigated and punished according to law. In the procedure, not only by the shareholders of the investment company agreed, but also through the intermediary agencies audit, evaluation and capital verification, in order to minimize the investment risk, guarantee the legal validity of the debt contribution. Finish)