What are the strategies to save the broken capital chain of Changxing Group?

The strategies to save the broken capital chain of Changxing Group are to borrow the new and return the old, optimize the asset structure, improve the operating conditions and find new investment partners.

1. Borrow the new and repay the old: Changxing Group can apply for loans from banks or other institutions to repay the old debts with new funds, thus extending the term of the capital chain.

2. Optimize the asset structure: Changxing Group can transfer funds by selling idle or inefficient assets, thus alleviating the current financial pressure.

3. Improve operating conditions: Changxing Group can strengthen internal management, improve efficiency, increase revenue and reduce costs, thereby improving profitability and improving operating conditions.

4. Finding new investment partners: Changxing Group can find new investment partners, introduce external funds, increase the sources of funds, and ease the current financial pressure.