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Yunnan Coal issued 'Yunnan Coal Chemical Industry Group Co., Ltd. on the part of the debt overdue announcement.' Yunnan Coal in accordance with the disclosure, as of October 30 this year, the Company and its subsidiaries overdue debt 1.305 billion yuan, each creditor banks will have outstanding debt stock of debt restructuring. The company's debt default may matter production operations, financial condition and solvency adversely affected. The cloud-dimensional shares the view that Yunnan Coal partial debt default does not have a significant impact on the company's production operations, Coal Group Company publicly of '11-dimensional bonds' provides an unconditional and irrevocable joint and several responsibility to ensure security. In fact, the current situation facing the Yunnan Coal and more than 1.305 billion yuan of debt default that simple. Yunnan Coal announcement shows that the amount of loss in the third quarter 2015, the company has reached 10% of the 2014 audited net assets. 2015 third quarter, the company achieved operating income of 12.993 billion yuan, net profit -37.79 billion, total net assets as of the end of September 2015, 8.837 billion yuan. For the huge loss, high finance has become an important reason. The first three quarters of 2015, the total financial cost of 2.576 billion yuan in Yunnan Coal, representing an increase of 324 million yuan over the same period last year, an increase of 14.38%. Reporters noted that the first three quarters of 2015, Yunnan Coal short-term loans reached 19.9 billion yuan. Yunnan Coal Report 2014 showed that the vast majority of the company short-term borrowings are due in the year 2015, and most of the credit and loan guarantee loans, lenders contain a number of state-owned big firms and joint-stock commercial banks. It is noteworthy that the Yunnan Coal 1.305 billion yuan of debt default in respect of 643 million including CITIC Trust Trust financing and financial trust, in addition, Minsheng Leasing, Industrial Bank, China Construction Bank, Agricultural Bank and other financial institutions also 'lay the gun.' Executives were arrested on suspicion of taking bribes worth noting that, under the jurisdiction of Yunnan Coal Chemical Group Co., Ltd. Yunnan Yun-dimensional, Yunnan Dongyuan Coal Co., Ltd., Yunnan solution of the Clean Energy Development Co., Ltd., more than 10 enterprises and institutions, and has a cloud-dimensional shares of listed companies. Public information, the Group employs more than 50,000 people, the total assets of 59.6 billion yuan. Yunnan Coal from the financing structure is not difficult to find, the recent 'financial skills' high. Now outbreak early high