Chapter 1 General Provisions Article 1 is to standardize the operating procedures of China Development Bank (hereinafter referred to as Development Bank) to enterprises invested by China-Switzerland Cooperation Fund (hereinafter referred to as Sino-Switzerland Fund) and expand the financial services of Development Bank These measures are formulated in accordance with relevant national laws and regulations to ensure the safety of credit funds, prevent credit risks, and improve the efficiency of the use of credit funds. Article 2 The loan recipients stipulated in these Measures are limited to enterprises invested by Sino-Swiss Fund. Article 3 The short-term loans provided by development banks to Sino-Swiss fund investment enterprises must comply with national financial laws and regulations and comply with national credit policies. Article 4 When providing loans to Sino-Swiss fund investment enterprises, development banks should pay attention to the combination of principles and flexibility, simplify procedures, and be efficient and fast. Chapter 2 Loan Scope and Conditions Article 5 The loans stipulated in these Measures are mainly used to solve the short-term funding needs of Sino-Swiss Fund investment enterprises during the project construction process, production and operation process and enterprise asset restructuring process. Article 6 Borrowers applying for loans should meet the following conditions:
(1) Enterprises invested by Sino-Swiss Fund;
(2) Registered with the industrial and commercial administration department, An economic entity with legal person status;
(3) It has a sound and stable management organization and corresponding management and technical personnel, a sound business management system, good reputation, broad product market prospects, and the ability to repay the principal and interest of the loan. ;
(4) There are reliable measures to bear loan risks and can provide effective guarantees;
(5) All shareholders’ capital contributions have been fully received;
( 6) The asset-liability ratio does not exceed 50%;
(7) Other conditions required by the Development Bank. Article 7 The loan amount provided by the Development Bank to a Sino-Swiss Fund investment enterprise shall generally not exceed the total net assets of the enterprise. Chapter 3 Loan Term and Interest Rate Article 8 The loan term is generally three months, six months, or one year, with a maximum of one year at most, and can be extended across years. Article 9 The loan interest rate shall be based on the loan interest rate for the same period announced by the Development Bank. Chapter 4 Loan Application and Approval Article 10 Borrowing applications shall be accepted by the Investment Business Bureau. Borrowing applicants shall submit the following materials to the Investment Business Bureau:
(1) Loan application form. It mainly includes the total amount of loan application, purpose, term, source of repayment funds, guarantee method, etc.
(2) Introduction to the basic information of the loan applicant. Mainly include: business operations, main products and market conditions, financial status, background introduction of middle and senior managers, etc.
(3) The borrower's legal person business license, company articles of association, legal representative's identity certificate, bank account opening certificate and loan certificate, bank credit certificate issued by the basic account opening bank, etc.
(4) Capital verification report issued by a qualified accounting firm or financial statements at the end of the previous year and the most recent month audited by a qualified accounting firm.
(5) Feasibility study report of the loan project or analysis of the benefits of the loan and analysis of repayment sources.
(6) Documents proving investment by Sino-Swiss Fund and other shareholders.
(7) Other materials required by the Development Bank. Article 11 After receiving the borrower's application, the Investment Business Bureau will mainly examine:
(1) Whether the application materials are true and complete;
(2) Whether the scope and conditions of the loan are met Requirements;
(3) Source of repayment funds and whether guarantee measures are implemented. Article 12 The Investment Business Bureau shall put forward specific opinions on the loan application based on the review, obtain the consent of the relevant branch (including the head office business department), and submit it to the bank leaders for approval after countersigning the Loan Review Bureau, Comprehensive Planning Bureau, and Credit Management Bureau. . Article 13: For any project approved by the bank leadership for a loan, the Investment Business Bureau shall issue a loan commitment letter, notify the borrower, and send a copy to the Credit Administration Bureau and relevant branches (including the head office business department). Chapter 5 Negotiation and Signing of Loan Contracts Article 14 Under the guidance of the Investment Business Bureau, the Development Bank branch (including the head office business department) in the region where the borrower is located is responsible for the negotiation and signing of loan contracts. The Legal Affairs Bureau, Credit The Administration Bureau is responsible for the review and approval of loan contracts. Chapter Six Loan Issuance and Recovery Article 15 Loan Issuance
After the loan contract is signed, the branch (including the head office business department) can handle the account opening procedures for the borrower in accordance with relevant regulations.
The branch (including the business department of the head office) implements the payment plan with the borrower according to the loan contract, reports it to the Credit Management Bureau and the Comprehensive Planning Bureau of the head office for review, and then includes it in the annual credit plan.
The branch (including the business department of the head office) shall submit a fund allocation application to the Capital Bureau of the head office based on the annual credit plan, and handle the loan issuance procedures after approval. Article 16 Supervision, management and recovery of loans
(1) Loan interest is settled quarterly, the principal is repaid in one lump sum upon maturity, and the interest is paid off along with the principal.
(2) In principle, loans stipulated in these Measures will not be extended, and overdue penalties will apply.
(3) Branches (including the business department of the head office) are responsible for the supervision, management, recovery and report submission of loans in accordance with the relevant regulations of the head office, and the investment business bureau cooperates. Chapter 7 Loan Guarantee Article 17 Loan guarantees are available in the following ways: (1) Shareholders provide guarantees in proportion to their capital contributions.
(2) Corporate legal persons of Sino-Swiss Fund investment projects provide pledge or asset mortgage guarantee.
(3) Guarantee shall be provided by a legal person with guarantee capacity confirmed by the Development Bank.