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永定县化肥厂创建于七十年代初期,1985年基本形成年产1万吨合成氨的生产能力,成了地方工农业生产的支柱产业。1987年,为调整产品结构,增强企业发展后劲,厂里又投资295万元建成了一条年产3000吨电石的生产线,开发了电石产品。由于经营管理不善,背上沉重的债务“包袱”,截止1988年底累计负债额达1400多万元,其中专用基金赤字385万元,企业陷入了从未有过的困
Yongding County Chemical Fertilizer Plant was founded in the early 1970s. In 1985, it basically formed an annual production capacity of 10,000 tons of synthetic ammonia, which became a pillar industry for local industrial and agricultural production. In 1987, in order to adjust the product structure and enhance the development potential of the company, the factory invested 2.95 million yuan to build a production line with an annual output of 3,000 tons of calcium carbide and developed calcium carbide products. Due to poor management and management, and with heavy debt burdens, the accumulative debt amounted to more than RMB 14 million by the end of 1988, including a special fund deficit of RMB 3.85 million, and the company was caught in a trap that it had never experienced before.