This is because manufacturing companies often have large demand for loans and long loan periods.

For heavy-asset manufacturing enterprises, due to the large number of plant construction tasks and large quantities of equipment purchases, the construction cycle of the enterprise is often longer; for R&D-oriented manufacturing enterprises, product research and development and technology promotion have great uncertainties, and it is easy to

It is possible that capital needs to be continuously invested during the growth stage of the enterprise or even throughout its life cycle.

Manufacturing companies are generally hungry for medium and long-term funds, and short-term loans are difficult to match their production cycles and repayment cycles.

In particular, equipment manufacturing and high-tech manufacturing companies have long investment and research cycles and large capital investments, and are strongly hungry for medium- and long-term funds.

However, reporters found that banks are more inclined to grant short-term loans to enterprises, such as one-year working capital loans.

This "mismatch" of the supply and demand funding cycle has also led to the phenomenon of "short-term loans and long-term use" that has been relatively common among manufacturing companies - companies are forced to take short-term loans to match their medium and long-term funding needs.

It is conceivable that this not only increases the cost of "on-lending" and "re-lending" of enterprises, but also intensifies the unstable expectations of enterprises.