Almost all local state-owned enterprises are debtors of local specialized banks and most of the loss-making enterprises have bad debts of local specialized banks  It is understandable market motive that creditors object to debtor bankruptcy out of fear of reconciliation becoming dead accounts However, many places prefer to continue to lend to long-term loss-making companies and continue to make loans a dead account
The reason for this is: as long as the company does not go bankrupt, it reflects the bank's work performance indicator-loan balancewill not decline
The main reason for local professional banks to oppose bankruptcy is the fear that bad debts will become mutual debts.