猴王集团破产案反映出我国现行破产法存在众多不足。在市场经济条件下，要规范企业的退出机制，对现行破产法的修改完善是刻不容缓的。本文试从破产实体法和程序法两个方面，提出扩大破产无效行为范围、加重破产责任人责任、明确破产申请审查标准、加强破产过程信息披露等完善建议。 The bankruptcy of the Monkey King Group reflects that there are many deficiencies in the existing bankruptcy law in our country. Under the condition of market economy, it is imperative to regulate the exit mechanism of enterprises and to revise and perfect the existing bankruptcy law. This article tries to put forward some suggestions for expanding the scope of bankruptcy invalidation, increasing the responsibility of the bankruptcy owner, clarifying the standard of bankruptcy application review, and strengthening the disclosure of bankruptcy information from two aspects: the substantive law of bankruptcy and the procedural law.