Hubei innovative financial services to support the real economy - breaking down the financing of science and technology enterprises
New wave news official account no. 2024. 11. 2008:59
In recent years, the hubei financial institutions have targeted and provided diversified financial services covering the entire life cycle of enterprises in response to the needs of science- and technology-based enterprises at different stages of development, and have contributed to the development of science- and technology-based enterprises。
On 12 november, when he walked into the huaijiang luminous power-free production plant, the mechanical apparatus was running, the workers were busy, and a sophisticated optical lens was carefully tested and the shipment packaged. Hua xinjiang is a technology enterprise that mainly produces mobile phone optical lenses and car-borne, medical-type optical lenses for development, manufacture and sale. The company currently has over 100 patents on inventions and over 30 on practical new ones. This is one of the country-specific new “small giant” enterprises, which has suffered from financial difficulties. Liu sung-yung, the finance manager for the chinese pv, indicated that the financial pressure on enterprises was gradually emerging as research costs increased, equipment upgraded and markets expanded。
We need money, but we don't have proper collateral. In march 2024, after learning of china's need for electricity, the bank of agriculture of china, the hanbei jijiang branch, provided the enterprise with a liquidity loan in the form of a pledge of patent rights, based on the “soft power” of the invention patent and the scientific value of the enterprise. Third-party institutions valued the company's patent, quickly completed the record of the pledge of intellectual property rights, granted loans to the enterprise in a timely manner, and effectively discharged its immediate needs。
The high-technology industry requires early and small investment by financial institutions. “we are closely associated with the development of strategic and emerging industries in hubei, with a deep financial chain linking industrial chains, innovation chains, and the advantage of supply chain financial services to provide financial security.” in a presentation by lee suhua, head of the general finance department of the hubei branch of the bank of agriculture and the centre, focused on science and technology innovation throughout the life cycle of science and technology-based enterprises, focusing on basic research, applied research, the transformation of scientific and technological results, and science and technology infrastructure. The bank launched more than 10 scientific and technological loan products, such as the “foundable new and new greats” “flaminger innovation credit” “empowerment credit for emerging industries”, to help businesses alleviate their financing difficulties。
The success of china's pv is not an example, and an increasing number of financial institutions are improving the availability of financing for sti-based smes by enriching their system of s & t credit products to solve the problem of “improvement, inaccuracy and reluctance to lend”。
Light valley technologies ltd. Is a high-technology, focus-networking and data service that brings together hardware development, software development, system integration, design, and mobility services. After an in-depth understanding of the financing needs of enterprises, the bank's s & t financial services team promoted “innovation credit” to enterprises, providing them with $30 million in comprehensive letters of credit to support them in their efforts。
Scanning submitted a loan application and was granted $750,000 the same day. Zhou dong-un, head of the great lakes biology (wuhan) limited liability corporation, obtained the first barrel of gold through the money-for-golder loan, a product launched by the transport bank's hubei provincial branch, which is aimed primarily at highly qualified and highly qualified individuals who are self-employed and who provide personal credit loans, has greatly improved the ease of financing start-up firms。
Support for science, technology and innovation in hubei is also reflected in the interface between innovative financing. “3 minute mobile phone application, 0-man intervention, 1-key withdrawal”, a complete “data acquisition, data collation, data application” system developed by hubei bank's “301” model, provides new ideas through big data applications to solve the financing challenges of technology-based enterprises。
A highly patented and promising company in the field of automobiles in yangyang recently encountered a difficult problem, with an unexpected order for three days of delivery without an advance payment, which was of great importance for opening the new market and the owners of the business were concerned. By applying for a “301” fast loan from hubei bank, it will be available in 10 minutes to obtain a loan without collateral on the line, thus resolving the financial problem and ensuring the timely delivery of the order。
Why does the “301” fast-track loan go so fast?” because it is backed by strong information evaluation mechanisms and systems platforms. The vice-president of the hubei province of the people's bank of china, zhongtao, described the innovative “301” fast-lending product as an example. The hubei science and technology department and the hubei department of the people's bank, among others, had set up a system for evaluating the firm's credit rating, with a set of 27 indicators of 5 dimensions, to quantify the enterprise's smartness, thereby achieving “precision image”, matching the chutuan loan code platform with the smart brain platform, introducing innovation credits into the bank's lettering model, so as to address the concerns of financial institutions that they “don't understand and dare to lend”。
According to statistics, in the first three quarters of the year, financial institutions throughout hubei province allocated a total of 35 billion yuan in innovative credits to more than 4,700 scientific and technological enterprises; 3. 6 million loans were disbursed using the “301” fast-track loan model, amounting to 423. 5 billion yuan, an increase of 30. 8 per cent。
