1992年11月3日,中国西南地区最大的重庆针织总厂,由于连续6年亏损2092万元、负债8250万元、资产负债率高达191％,经重庆市中级人民法院裁定,依法宣告破产,揭开了新中国成立以来国有纺织工业企业破产的序幕。这也是自《破产法》颁布以来我国最大的国有大型企业破产案。此后,破产成为部分国有企业无可回避的选择。 On November 3, 1992, the largest Chongqing Knitting Plant in the southwestern region of China suffered a loss of 20.92 million yuan for six consecutive years, a liability of 82.5 million yuan, and a debt-to-asset ratio of 191%. It was ruled by the Chongqing Intermediate People’s Court and declared bankruptcy in accordance with law. The prelude to the bankruptcy of state-owned textile industrial enterprises since the founding of New China was opened. This is also the bankruptcy case of China’s largest state-owned large enterprise since the issuance of the Bankruptcy Law. Since then, bankruptcy has become an inevitable choice for some state-owned enterprises.