Closed factory equipment recycling how to deal with?

I. How to deal with the recovery of closed factory equipment? After the recovery of equipment in closed factories should be given priority in the liquidation of bankruptcy costs and *** benefit debt, in accordance with the following order of liquidation: (a) the bankrupt owed employees' wages and medical care, disability benefits, pension costs, owed to be transferred to the employee's personal account of the basic old-age insurance, basic medical insurance costs, as well as laws and administrative regulations should be paid to the employee's compensation; (b) bankrupt owed social insurance costs and taxes owed to the bankrupt other than those provided for in the preceding paragraph; (c) ordinary bankruptcy claims. (ii) Social insurance fees and taxes owed by the bankrupt other than those stipulated in the preceding paragraph; and (iii) Ordinary bankruptcy claims. The company's bankruptcy will be heard in court, and the employees, whose debts are the first order of compensation, may apply directly to the court with other workers to participate in the lawsuit to claim the company's unpaid wages. If the company does not apply for bankruptcy in the court, according to Article 7 of the Bankruptcy Law, the debtor may apply to the people's court for reorganization, reconciliation or bankruptcy liquidation if he/she has any of the circumstances stipulated in Article 2 of this Law. If the debtor fails to pay the debts due, the creditors (employees who are owed wages or other expenses) can apply to the people's court for reorganization or bankruptcy liquidation of the debtor. Another situation is that the company is not going bankrupt, but merely closing down part of the factory. If the relocation is beyond the original contractual workplace, the company can generally be required to pay back wages and economic compensation. Employees will be paid economic compensation in accordance with Article 47 of the Labor Contract Law at the rate of one month's salary for each full year of employment with the company. If the period of employment is more than six months but less than one year, it shall be calculated as one year; if it is less than six months, the worker shall be paid half a month's salary as economic compensation. If the worker's monthly wage is more than three times the average monthly wage of the workers in the region for the previous year as announced by the people's government of the municipality directly under the central government or the municipal government of the district in which the employer is located, the standard of economic compensation payable to the worker shall be the amount of three times the employee's average monthly wage, and the maximum number of years for which economic compensation shall be payable to the worker shall be not more than twelve. The monthly salary referred to in this article refers to the average salary of a worker in the twelve months prior to the termination or suspension of the labor contract. In summary, the general factory closure will owe a lot of debt without any funds to repay the basis, only the factory still has a certain value of the equipment recycling sales to obtain the corresponding cash, according to the provisions of the first repayment of the costs associated with bankruptcy must be the wages of workers and the relevant treatment of priority reimbursement.