For such a big group, there must be an investment and wealth management department and a budget department. The 700 billion debt must be caused by the radical and wrong decisions of the leaders. Leaders should be responsible. They made a lot of money, and it was the suppliers and employees who suffered.

I have been in the finance department, and a company that doesn't pay attention to finance is very dangerous. After having the project, they go to get a loan, and the top people get a bonus and a raise.

It is not ruled out that the top management may transfer assets, usually reimburse more and put the money in their pockets. When doing business and projects, we don't pay attention to costs and risks.

The first to know about the group is the senior management. People are selfish, and it is most important to have more money in your pocket. Because of the radical mistakes in leadership decision-making, so many debts have been caused.

Now, when filing for bankruptcy, it is necessary to check whether the bonuses and salaries of senior executives are reasonable and higher than the industry average. If they are too high, let them spit it out.

Then sell assets to pay off debts. If you can't pay them back, you can only admit that you are unlucky. If the assets of the company are insufficient to repay because the company filed for bankruptcy, it may not be repaid.

When the group company went bankrupt, it was the people at the bottom who suffered, and the people at the top had already searched a lot of money. Only employees and suppliers can't get the money.

The first thing to blame is how we caused so much debt. Secondly, there must be corruption in the formation of these debts. Third, we should reorganize the auction and revitalize assets.