On August 3, 1986, factory of appliance of Shenyang explosion proof becomes the state-owned company of first suspend payment of new China.
That day, liaoning saves government of Shenyang city people to hold a press conference. On the news briefing, 10 years liabilities exceeds consecutive loss the factory of appliance of Shenyang explosion proof of total assets 2/3 is in those who pass a year of time " go bankrupt cautionary announce " save with reforming after disabling, suspend payment closes down.
This is the state-owned company of the first formal suspend payment of the our country after founding a state, the history like the myth that socialistic enterprise does not close down delimits from now on went up full stop.
With respect to a day this before a year, basis of government of Shenyang city people " business failure of industry of system of ownership of Shenyang bazaar body closes down processing try out sets " issued a year of deadline to 3 state-owned companies such as factory of explosion proof appliance " go bankrupt cautionary announce " . This action stunned the world.
The United States " times " weekly is commented on " be in the appearance with not rare west... this time, this kind of phenomenon is not to happen in Detroit or Lyons or Mancunian, happen in the Shenyang China however. " the comment exclamations: "Of China " iron rice bowl-a secure job " should be broken into pieces really " !
Through a year of time, factory of appliance of Shenyang explosion proof turned all these into animated fact.
Be in factory of appliance of Shenyang explosion proof of suspend payment 1986 on December 2, standing committee of countrywide National People's Congress was passed " business failure law (draft) " .
