(1) Have legal person qualifications and repayment ability.
(2) The product is marketable.
(3) The self-owned funds for purchasing new technologies and new achievements must be more than 30%.
(4) There is a legal person providing financial repayment guarantee. Article 8 When lending funds, procedures must be carried out in accordance with the "Economic Contract Law of the People's Republic of China" and relevant regulations on financial management. Article 9 The loan repayment period is: one year for small-scale science and technology projects; two years for medium-sized science and technology projects; and three years for large-scale science and technology projects. Article 10 Borrowing units must pay loan interest quarterly. The loan interest rate is determined by the development center at a lower interest rate than the bank's interest rate for the same type of loan. Article 11 Borrowing units must use loans according to approved projects and scales. Loans are not allowed to be used for other purposes and must be repaid on schedule. The source of funds for loan repayment shall be in accordance with the relevant regulations on national science and technology loans. Article 12 Borrowing units must submit project progress statements and accounting statements for loan use to the Development Center on time; submit project completion reports and final accounts. When the project is accepted, the development center must be notified to send people to participate. Article 13: The development center shall entrust a professional bank trust and investment company to handle the lending, recovery and interest settlement of funds. Article 14 The income of the development center shall be deposited into the municipal financial extra-budgetary account and stored in a special account. After being reviewed by the municipal financial department, it can be used for the following expenditures:
(1) Managerial staff salaries and contracting fees , welfare fees and medical expenses.
(2) Business expenses such as loan project investigation, feasibility study, and printing of contract papers and statements.
(3) Office expenses. Article 15 From the amount deposited by the development center into the fiscal extra-budget account, after deducting the expenses specified in Article 14 of these Measures, 70% of the total balance in the current year will be transferred to the risk fund of the Technology Market Development Fund; 2% Ten percent goes to the welfare fund; ten percent goes to the incentive fund. Welfare funds and incentive funds must be transferred to professional bank accounts. Article 16 The staff of the development center must strengthen fund management, conscientiously perform their duties, act impartially, and are not allowed to abuse their authority for favoritism and malpractice. Article 17 If the borrowing unit fails to repay the loan on time, a penalty interest of 20% will be charged based on the interest rate of the loan that should be repaid. When unable to repay, the guarantee legal person will repay it on your behalf. Article 18 If the borrowing unit misappropriates the loan in violation of these Measures, the Development Center has the right to withdraw the loan in advance and charge a penalty interest of 50% based on the loan interest rate. Article 19: If development center staff violates the provisions of Article 16 of these Measures, they will be criticized and educated or given administrative sanctions depending on the severity of the case. If they violate criminal laws, they will be held criminally responsible in accordance with the law. Article 20 These Measures shall come into effect on December 1, 1987.