Anatomical bases of Guangdong Foshan ceramics industry - finance articles

Published: 16 May 2009 03:01:53

Financing Part ★ ★ ☆ ☆ ☆

Increasing difficulties in financing small and medium-sized

Funds prompted the core of the engine is one of industrial development. For the building ceramics industry to expand production capacity or increase the capital equipment required for large enterprises can not be separated from the support of banks. From the current domestic situation, although the state relaxed credit policy of banks to encourage lending to SMEs to support, but the banks still with eyes that the selection of high-quality customers, loans are more cautious, much-needed loans to small and medium-sized block in the door. Many small and medium enterprises had no choice but to use private financing channels to solve the liquidity problems.

Foshan Ceramic Industry Association, according to Dr. Yin Hong of the Secretary-General, the banks are currently lending to enterprises is still very cautious, small and medium-sized loans more difficult. In the "Foshan City, the financial sector development planning", the Foshan proposed the creation of small and medium-sized innovative financing pilot areas, the first to test the water to create specialized microfinance institutions, small and medium enterprises to explore the establishment of specialized microfinance institutions, small and medium-sized collection of bonds issued, for small and medium enterprises financing channels for the provision of professional communication and information platform for the crack problem of financing.

In equity financing, the city currently has 15 listed companies, the ceramics category only Singapore-listed holding eagle, ceramics Keda Electrical Machinery category in the domestic market.

Foshan is also the active support of the local government enterprises to take advantage of the capital market to raise funds to take "one level of a policy" approach to encourage, as far as the city government personnel wise, the subsidy policy will be run through the entire process of listing companies. Reserve listed enterprises or joint-stock transformation phase of the restructuring phase of pre-market assets will be 200,000 yuan subsidies, access to counseling stage of the listing are entitled to 500,000 yuan subsidies, corporate materials stage to declare to the China Securities Regulatory Commission are entitled to subsidies for 300,000 yuan, the Audit Commission After the adoption, enterprises can no longer enjoy subsidies for 500,000 yuan. Can enjoy the whole process to encourage the 1.5 million yuan. And requires financial institutions to the arbitration of the ceramic support business loans, credit line increase, the stock market to build strong, "Foshan plate."

However, the listing Jinjiang knowledge extensively publicized by the Government, securities advisory body to the situation together, Foshan of publicity is not as good as the Government of Jinjiang. On incentives is concerned, even more than two million yuan in Chaozhou is even lower.