Definition And Classification Of Corporate Restructuring

The reorganization of a company refers to the paction of a serious change in the legal structure or economic structure occurring outside the daily business activities, including changes in the company's legal form, debt restructuring, acquisition of shares, acquisition of assets, merger and separation.

Corporate restructuring generally involves business.

(1) business reorganization means the division of the business of the reshuffled company so as to decide which part of the business will enter the business of the listed company.

It is the basis of corporate restructuring and the premise of its reorganization.

At the time of reorganization, it focused on dividing profitable business and non profitable business main business and non main business, and then incorporated business and profitable businesses into the business of listed companies, stripping off non business and non-profit businesses.

(2) asset reorganization refers to the activities of analyzing, integrating and optimizing assets in the absolute scope of restructured company.

It is the core of corporate restructuring.

(3) debt restructuring, that is, debt restructuring, refers to the reorganization of the company's liabilities through the pfer of debtor liabilities and liabilities to equity.

(4) equity restructuring refers to the adjustment of the company's equity.

It is related to other restructuring, and even in parallel, such as debt to equity swap when debt restructuring.

(5) personnel reorganization refers to the practice of reducing labor and efficiency, optimizing labor mix and improving labor productivity.

(6) reorganization of management system means the revision of management system and the improvement of company management system to suit the requirements of modern company system.