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China Xinda participated in the bankruptcy reorganization of enterprises and initiated the establishment of a 1 billion yuan investment fund for enterprises in distress?

Yes, China Cinda actively participated in the bankruptcy reorganization of enterprises, initiated the establishment of a 1 billion yuan investment fund for enterprises in distress, and provided financial support to enterprises entering bankruptcy proceedings in the form of * * * debt, thus solving the problem of difficult bankruptcy start-up. By the end of 221, the fund had invested a total of 7.7 billion yuan, involving machinery, steel, medicine, chemical industry, coal and so on.