What are the companies that have filed for bankruptcy due to the pandemic?

There are many companies that have gone bankrupt due to the epidemic, such as: Vallaris, Whiting Oil, Chesapeake Energy, Nieman Marcus, Murray Finance, ......

Large enterprises include Beijing King of Karaoke, Baifu English, Band of Brothers Education, Hong Kong Xu Liushan, Mingxi University Language, Baicheng Travel Network, etc., in fact, there are countless small enterprises that have gone bankrupt due to the epidemic.

Centennial Bank, Burger King, American Satellite Corporation, Hhertz, etc., many domestic film and television companies, education and training institutions have also disappeared.

According to online reports, due to cash flow problems during the epidemic, Brothers in Arms stopped recruiting students at its Beijing campus, dismissed all employees, and filed for bankruptcy.

The pandemic has really affected some businesses, and even gone bankrupt. For example, the education and training industry, Baifu English. Entertainment venue, Beijing karaoke. Tourism industry, Baicheng travel.

Because of the epidemic, many small companies have announced their closures, and many 4A scenic spots, hotel and tourism have declared bankruptcy. More than 800 bank branches have closed this year.

According to the survey results of Japan's "Imperial Data Bank", from February last year to March this year, more than 1,100 enterprises in Japan are going through bankruptcy procedures due to the impact of the epidemic.

Japan is under a state of emergency due to the coronavirus pandemic in "one prefecture and three prefectures" (Tokyo, Saitama, Chiba, and Kanagawa). It has been implemented since January 8 this year, but the lifting date has been repeatedly postponed due to epidemic prevention and control, and it has lasted for nearly two and a half months. The epidemic has dealt a devastating blow to the local tourism and catering industries.

Although Japan** has given a certain amount of financial subsidies to restaurants that comply with the prevention and control measures, there are many restaurants that are struggling to survive or even unable to survive on subsidies. As a result, Japan's economy has been hit hard. More than 1,100 companies are in the process of applying for bankruptcy.

In summary, it can be found that the biggest crisis behind these enterprises filing for bankruptcy is:

1. A large number of people cannot afford the high cost of urban life, and slowly move to local areas.

2. The outbreak of the financial crisis caused by the epidemic will eventually rise to the global currency crisis.

3. In the context of an aging population, global economic production has declined sharply. The labor gap is increasing.

4. The epidemic has accelerated the development of distance education, work and life, and many basic service industries such as catering and transportation have been deeply affected.

5. Looking at the world as a whole, the situation between countries and regions has become less optimistic.

6. When the epidemic is raging, the virtual economy is far less reliable than the real economy.

7. Whether it is an enterprise or an individual, the high financial leverage before the epidemic is a bomb of unstable people's livelihood.

This is also a constant reminder for us:

1. Everyone is equal in the face of crisis.

2. Don't overly believe in and cater to the so-called advanced consumption concept.

3. Trust between people will collapse, and whoever is doing things will be more snobbish.

4. Although we don't know when the epidemic will end, everyone should seriously reflect on it to avoid falling into similar disasters in the future.

According to the executive meeting held on September 9 by the China *****, measures to support the accelerated development of new formats and new models to drive new consumption and promote economic recovery growth.

The epidemic has had a great impact on the tourism industry, the hotel industry and the catering industry, and many companies are on the verge of bankruptcy, such as Beijing's King of Karaoke has collapsed, and Xibei Restaurant Group has also laid off a large number of employees.

The pandemic has taken a heavy toll on the tourism industry, with tens of thousands of travel companies going bankrupt and closing down, while larger ones have suffered heavy losses. For example, Lingnan Group lost 100 million yuan in the first half of 2020.

It's possible. In the past three years, many companies have been affected by the epidemic and have encountered many difficulties. In order to survive and grow, many companies have taken various measures.

Specifically, these measures include expanding new businesses to increase revenue, optimizing internal structures to save costs, and changing careers for development.

1. In the past three years, there have been many companies that have increased their revenue by expanding new businesses. When the company's performance is not good, expanding new business and opening up new ways to increase revenue is the response method adopted by many companies. ......In fact, such measures are also the most common method adopted by the vast majority of companies.

In practice, many companies have indeed increased their revenues by expanding into new businesses and have survived these three difficult years. However, there are also some companies that are not familiar with new areas, so they are less effective in the process of expanding new business. ......Therefore, this measure does not solve the problem 100%.

2. There are many companies that have survived these three difficult years by optimizing their internal structure and saving costs. Every company needs to consume operating costs in the process of operation. This factor is critical to a company's bottom line.

When the company's operation encounters difficulties, it must be ...... with the reduction of expenditureTherefore, in the past three years, many companies have chosen to optimize their internal structure as a measure to save costs and tide over difficulties. ......In practice, the companies that have taken this measure have invariably benefited. The company's lower costs correspondingly increased profitability, which played a huge role in the company's ability to tide over the difficult times during this time.

3. When the field of operation now encounters difficulties, many companies choose to change careers and develop. In the past three years, the business environment faced by many companies has changed greatly, and even some companies have developed without the verge kernel method in the original business field. ......For these companies, their choice is to change careers.

To do so, there is not only the element of necessity, but also the courage to forge ahead.

Facts have proved that those companies that are self-contained are in trouble, while those companies that dare to break through themselves have gradually become formalized and the business situation is getting better and better. ......With the continuous improvement of the external environment, these companies will develop faster and better, and become the ultimate success.

In recent years, many enterprises in my country have gone bankrupt due to the epidemic, how did the state deal with it?

Good evening, in recent years, many enterprises in my country have gone bankrupt due to the epidemic, and the country is bored how to dispose of it: in order to help enterprises cope with the impact of the epidemic, China has adopted a number of policy measures to prevent enterprises from going bankrupt. The first is to reduce the burden on enterprises and alleviate the financial pressure of enterprises, and take measures such as tax reduction and fee reduction, giving enterprises tax incentives, reducing social insurance premiums, etc., in order to reduce the financial pressure of enterprises.

The second is to support the development of enterprises, and the "two-wheel drive" action plan has been launched to combine aid policies and reform and innovation policies to support the development of enterprises. The third is to actively promote the resumption of work and production of enterprises, and launched the "Action Plan for Resumption of Work and Production" to provide financial subsidies, loan guarantees and other support policies to help enterprises resume work and production. Fourth, to do a good job in enterprise bankruptcy disposal, the "Enterprise Bankruptcy Disposal Action Plan" has been launched, and the comprehensive disposal of enterprise bankruptcy has been implemented, the business environment of enterprises has been improved, and the legitimate rights and interests of the owners of the enterprise and the jujube industry have been effectively protected, and the legitimate rights and interests of workers have been protected, while ensuring social fairness and economic order.

Legal basis: According to Article 36 of the Bankruptcy Law of the People's Republic of China, in the bankruptcy liquidation procedure, the disposal of bankruptcy property shall be carried out in accordance with the following principles: (1) the principle of priority for compensation:

priority should be given to the repayment of the claims of the bankruptcy creditors; (2) The principle of fairness: the legitimate rights and interests of creditors shall be protected in accordance with the law; (3) The principle of impartiality: the rights and interests of creditors should be protected as fairly as possible; (4) Principle of effectiveness:

Effective measures should be taken to effectively repay creditors' claims.