Q: Can the tenant of a state-owned enterprise be compensated if it closed down after lending to the bank and was auctioned?
In China, banks are the first creditors and have the priority to pay off debts. Since it is a state-owned enterprise, there must be affiliated units. If this company can't compensate, you need to investigate whether there is a superior unit or whether this state-owned enterprise has other state-owned enterprises. You can investigate according to the responsibility of shareholders. Individuals and cases are difficult to deal with. Go to a lawyer for advice.