目前,国家为了实现国有企业三年脱困目标,处置银行不良债权,对重点国有企业(尤其是512户国家重点企业.一般为亏损企业)实施债转股措施。债转股对整体搞活国有企业、实现国有企业三年整体解困等方面的作用不可置疑,但具体到每个企业由于在偿债能力、获利 At present, in order to realize the goal of three-year state-owned enterprises (SOEs) to realize their own destitution and to dispose of their bad debts, the state has implemented debt-equity swap measures to key state-owned enterprises (especially 512 state key enterprises, generally loss-making ones). The role of debt-to-equity swap in invigorating state-owned enterprises as a whole and realizing the overall easing of state-owned enterprises in three years is beyond doubt. However, due to the fact that each enterprise is profiting from its solvency ability,