Private enterprises are an important force to promote high-quality development and high-level opening in Shanghai. How to use financial water to better help private enterprises solve "growing pains" and "developing problems" is the embodiment of banks serving the real economy, and is also the need for their own business transformation and development. Recently, the reporter investigated Industrial Bank Shanghai Branch, walked into private enterprises served by Industrial Bank, such as Yiyao Technology and Fuxingxingbao, and visited the "story behind" financial support for private enterprises.
By the end of the first quarter of this year, the balance of private enterprise loans of Industrial Bank Shanghai Branch had exceeded 92 billion yuan, serving more than 2930 private enterprise loan customers, and the growth rate of private enterprise loan balance in the past two years exceeded 24%.
"Tailoring to suit" empowers innovators
Yiyao Technology, headquartered in Jiading District, Shanghai, is the core enterprise of Fosun's intelligent manufacturing sector. It has grown into a leading global provider of innovative, flexible and automated production line solutions, providing intelligent manufacturing solutions for first-line car manufacturers such as Mercedes Benz, BMW, Volkswagen and General Motors for a long time.
Last year, Yiyao Technology was awarded the title of "Speciality, Precision, and Innovation" enterprise in Shanghai, and its subsidiary, Alfidi (Shanghai) Manufacturing System Engineering Co., Ltd., was awarded the title of "Little Giant" enterprise with national expertise, precision, and innovation. Yiyao Technology is in a period of rapid development, with orders in hand growing rapidly.
Although Yiyao Technology has an endless stream of orders, in view of the need to invest funds to purchase raw materials in advance at the initial stage of the project and the long capital withdrawal period, the company has a medium - and long-term demand for working capital.
"Industrial Bank Shanghai Branch has a deep insight into our business model and tailored financial services for us. They broke through the tradition and provided three-year working capital loans to meet our differentiated needs." Xu Zhihao, chief financial officer of Yiyao Technology, told reporters, "The operation cycle of our project is about one and a half years. In addition to the long account period of large car factories, the cycle of capital advance often exceeds one year. The medium and long-term loans provided by Industrial Bank Shanghai Branch correspond to the full cycle of the project from capital advance to construction, and then to customer payment collection. This loan arrangement reduces the risk instead."
Yiyao Technology has been operating for only three or four years, and is still in the early stage of development. Liu Yu, fund manager of Yiyao Technology, said frankly: "Not all banks dare to match medium and long-term loans to enterprises like us, which requires a deep understanding of our industry and production cycle, and puts forward high requirements for banks' risk prudential assessment and insight."
According to Huang Peijie, the customer manager of Industrial Bank Shanghai Hongkou Sub branch, his team, after months of field research and in-depth research, deeply analyzed the business model and unique needs of Yiyao Technology, and finally decided to tailor its medium and long-term loan plan. Since the launch of the project in October last year, the team has been meticulously polishing and repeatedly revising the scheme to provide customers with the most appropriate financial support. The project team successfully completed the access, due diligence and credit review, and finally the enterprise was successfully approved a three-year medium-term loan line.
It is reported that based on in-depth research and trust in Yiyao Technology and its subsidiaries, Industrial Bank has further provided its core subsidiary, Shanghai Afdi Intelligent Technology Co., Ltd., with an inclusive credit line of up to 10 million yuan, aiming to help enterprises achieve higher quality development with the help of finance.
Science and technology finance ranks first in the "five major articles". "Science and technology innovation center" is one of the goals of Shanghai's "five major centers" construction, and "science and technology innovation finance" is also one of the five new tracks of Industrial Bank. Such co frequency resonance enables Industrial Bank Shanghai Branch to resonate and advance on the way of serving the private economy.
The relevant person in charge of Industrial Bank Shanghai Branch said that in the future, it will also provide more diversified support for new quality productivity such as Yiyao Technology from both assets and liabilities, deepen the level of bank enterprise cooperation, help enterprises grow healthily, and form a virtuous circle of bank enterprise sharing resources and mutual empowerment.
"Old people have a dependency", let "silver haired people" enjoy mulberry and elm
"Fancy Grandma Special", "Cool Grandpa Special", "Grandma Riding the Wind and the Waves"... These are the names of several hand brewed coffees. In Shanghai, the city with the largest number of cafes in the world, a "Fanhuafeng" coffee shop was opened by Fuxingbao in the elderly apartments north of Central Shanghai, so that elderly people who love coffee can also "have a cup of American style".
As a high-quality and dynamic CCRC community under Fosun Health Care, Fosun Xingbao Zhonghuan Elderly Care Community integrates an international preschool school, garden office, high-quality health care community and leisure business facilities. The smooth operation of the project can not be separated from the full support of finance.
Shanghai Xingbao Elderly Service Co., Ltd. (hereinafter referred to as "Xingbao"), the project operator, was established in July 2012 and is a core subsidiary of Fosun Health. When talking about cooperation between the two sides, Chen Ruicheng, head of the First Enterprise Finance Section of Industrial Bank Shanghai Hongkou Sub branch, said that "health" is one of the four core sectors carefully built by Fosun, and is also an area that Industrial Bank Shanghai Branch has been paying close attention to. As one of the "five major articles" of finance proposed by the Central Financial Working Conference, pension finance is the main battlefield of Industrial Bank Shanghai Branch. "In the face of partners like Xingbao, we are duty bound to lend a helping hand to help the silver economy and the real economy with funds."
Finally, Industrial Bank Shanghai Branch gave full play to its own advantages, based on national policy support and internal research and judgment, and provided Xingbao with an inclusive loan of 10 million yuan, providing a strong backing for the smooth start and steady development of Xingbao Phase II Project. At the same time, the bank has provided Xingbao with preferential interest rates to differentiate financial services, so that the "elderly care community" can glow with "youth vitality".
In addition to credit business, Fosun Healthcare's subsidiaries in Shanghai have all opened settlement accounts in Industrial Bank Shanghai Branch, and the two parties have also cooperated in such services as payroll payment and POS machine settlement. It is reported that both banks and enterprises are also discussing how to share resources and carry out more in-depth cooperation plans.
As finance and the real economy coexist and prosper, the banking industry must resonate with the Chinese economy at the same frequency to build a new balance sheet. Industrial Bank has taken the lead in laying out the "five new tracks" of inclusive finance, sci-tech innovation finance, energy finance, auto finance and park finance.
"From being good at doing real estate, infrastructure and other major projects in the past to doing detailed, professional and technical work." As Lv Jiajin, the chairman of Industrial Bank, said, with the economic transformation, the banking industry has started a big change.
