In order to effectively prevent the financial risks of "zombie enterprises", financial institutions need to take a series of effective measures.

1. Raise awareness of risk prevention. Financial institutions should conscientiously implement the "three strictness": first, strictly control access, strengthen risk early warning and monitoring, curb the rise of non-performing assets from the source, and include steel, coal and non-ferrous metal smelting in the "blacklist" of compressed withdrawal from the industry; The second is to strictly control the renewal of loans, prohibit the renewal of loans for "zombie enterprises", and invest funds in industries and enterprises that really need it; The third is to strictly control the stop loss. Do a good job in market research to prevent illegal transfer of "zombie enterprises" and protect credit assets to the maximum extent.

2. Strengthen debt risk management. Financial institutions should conscientiously implement the "two additions": First, strengthen the investigation of financial risks, focusing on key risk areas such as overcapacity industries and "zombie enterprises" and non-performing loans; Second, speed up the disposal of financial risk assets, give full play to state-owned capital investment, operating companies and various asset platforms, handle the bankruptcy and exit events of "zombie enterprises" in a safe way, prevent bank loan liabilities from being "suspended", and effectively maintain financial stability.

3. properly participate in mergers and acquisitions. "Zombie" enterprises are not completely worthless. Some "zombie" enterprises have talents and professional advantages, which are the main body of industrial transformation and upgrading and have certain investment value for private capital. In the process of merger and reorganization of zombie enterprises, the market mechanism is introduced to eliminate the barriers to entry of private capital, and the zombie loans are replaced by direct financing to resolve the risk of zombie loans and enhance the survival and development ability of enterprises.

4. accelerate the process of bad debt write-off. Within the scope permitted by fiscal, taxation and regulatory policies, through external audit and supervision, financial institutions should be appropriately given operational flexibility to design, lead or participate in the whole process of mergers and acquisitions of zombie enterprises, reduce the game between creditor banks, increase the success rate of mergers and acquisitions, write off the actual losses in time, and bear them by relevant banks in proportion, revitalize the existing credit funds and make every effort to improve the efficiency of the use of new credit funds.