Innovative capital finance promotes industrial structural adjustment and achieves leap-forward development

Dear leaders and entrepreneurial friends, good afternoon:

I am very happy to come to Yuhua, Let’s have face-to-face exchanges with fellow entrepreneurs to discuss how to inject sustainable management into enterprises through professional financial service channels in the period of rapid economic development and in the face of huge changes in the industrial structure of innovation, excellence, and characteristics. of financial capital to achieve leapfrog development. Here, I would like to thank the Nanjing Federation of Industry and Commerce and the Yuhua District Federation of Industry and Commerce for organizing this event, which has established a cooperation platform for information symmetry and smooth communication to improve the social credit system. I would also like to thank the news media for their strong support and participation. The active participation of enterprises in need is warmly welcomed.

In the "new economic growth" era where maintaining growth and promoting transformation are organically combined, the primary problem restricting the development of enterprises is still the lack of funds. Small and medium-sized enterprises are often difficult to judge their financial status due to their small size and lack of good loans. Factors such as mortgage assets and the limitations of commercial bank credit mechanisms make it difficult to obtain direct loans from banks, adding insurmountable obstacles to the development of enterprises. Today, Jiangsu Guarantee and Xinxin Group have entered Yuhua to provide small and medium-sized enterprises with complete and considerate financing guarantee services and innovative and convenient financing guarantee products. We will help enterprises complete the industrial structure through innovation in financial service models and measures. Adjust, improve operating capabilities and capital regeneration capabilities, and achieve leap-forward development of enterprises.

The credit capital market can be described as a mixed bag of good and bad. Taking Nanjing as an example, there are nearly 1,000 Jiangsu guarantee companies, large and small, in our city, but only a few are recognized by the government. Most of the so-called loan companies use the guise of "credit financing" to set up clever names, charge high commissions, and operate loan sharks. business. Once a company gets involved, it will face huge financing costs and high financial risks. How to choose a professional and standardized financing service institution? Entrepreneur friends here must keep their eyes open and carefully identify the authenticity.

Jiangsu Xinxin Group was established in September 2006. It is currently the largest private guarantee institution in Nanjing and the only guarantee institution in Nanjing that enjoys financial support at the national, provincial, municipal and district levels. Among the people The Bank's Nanjing Branch was rated AA in the 2009 guarantee agency credit rating, ranking among the top ten credit rating agencies in Jiangsu. Over the past three years of the company's development, Xinxin Group has formed close cooperation with small and medium-sized enterprises in Yuhua District. According to statistics, in 2009, the group provided nearly 300 million yuan in financing guarantees to nearly 100 enterprises in Yuhua District. Among them, the financing scale of three companies exceeded the 10 million yuan mark. The companies served by Xinxin cover various fields such as manufacturing, construction, electronic information, and software industries.

In recent years, Yuhua District's economic development has been very rapid, the industrial structure adjustment has achieved remarkable results, and consumer demand has steadily increased. It is an important means to absorb development resources such as people, logistics, capital flow, technology flow, and information flow? Magnetic field?; High-tech industries are developing rapidly, modern service industries are becoming increasingly perfect, and the three major parks have increasingly become an important support for Yuhua's economy. To promote the industrial transformation and upgrading of the park, the first is driven by the upgrading of the value chain, the second is driven by the locomotive of the modern service industry, the third is driven by industrial clusters and characteristic industrial parks, and the fourth is driven by creating an effective carrier and public technology platform for the transformation of results. Xinxin Group, whose business purpose is to "support small and medium-sized enterprises and assume social responsibility", is a leading enterprise in the modern financial services industry. It has always used novel and unique concepts and perspectives to expand territories and continuously explore the financial services industry. , have the courage to innovate, and truly use financing rules flexibly to help enterprises transform the reality of being unable to obtain loans from banks into practical financing methods, so that enterprises can obtain loans in the shortest time and at the lowest financing cost.

As one of the pillars of Yuhua's industry, the software industry had sales revenue of 14 billion yuan in 2009, a year-on-year increase of 180%, ranking first in the city.

Although most companies have core technologies and invention patents and have promising market prospects, it is difficult to apply for bank loans due to lack of collateral. To address this problem, Xinxin has designed flexible and diverse counter-guarantee measures to turn corporate intangible assets into tangible assets. Use the enterprise's intellectual property rights, trademark rights, patent rights and personal credit as counter-guarantee measures to provide financing guarantees for the enterprise.

This innovative measure that closely combines scientific research results with capital finance exactly caters to the vigorous development of science and technology enterprises in Yuhua District. For example: "fee-to-equity" financing guarantee, Xinxin provides enterprises with one-stop meticulous and thoughtful nanny-style financing services, provides enterprises with zero-fee financing guarantee services, and converts guarantee fees into enterprise equity. After the enterprise develops and expands, the equity will be transferred Repurchase, realize capital appreciation, and develop together with the enterprise; such as inventory pledge financing guarantee, the enterprise ERP system opens a port, and connects with the Xinxin Group network system, Xinxin can understand the enterprise's inventory status in a timely manner, and is exempted from the supervision of traditional inventory pledges The intervention of the department has reduced the financing costs of enterprises, improved the efficiency of approval, accelerated the financing process, and also reduced operating risks.

In addition, Xinxin Group’s flexible counter-guarantee measures include pledges of trademark rights, intellectual property rights, patent rights, mortgages of vehicles and equipment, self-built properties on collective land, charging rights, personal credit, and inter-enterprise joint guarantees. . Here are a few examples:

1. Pledge of trademark rights:

A service-oriented enterprise whose brand is a provincial or municipal famous trademark cannot obtain a loan from a bank because it has no fixed assets. Xinxin used its provincial and municipal famous trademarks as pledges to help the company obtain a loan of 8 million yuan. This business is the first of its kind in Nanjing for financing guarantees.

2. Pledge of charging rights:

During the development process of a well-known technology software park, it hopes to obtain loans from banks to support the renovation of the existing park, because there is no collateral recognized by the bank. Being turned away, we took the park's equity and the park's charging rights as pledges to help it obtain a 40 million yuan loan from the bank, paving the way for the park's industrial upgrading.

3. Credit guarantee:

A company engaged in the production and sales of communication software hopes to obtain loans from banks during the process of industrial upgrading, but the software research and development company does not have physical assets recognized by the bank. Mortgage, Jiangsu Guarantee, Xinxin uses corporate equity and credit as counter-guarantee measures to help the company obtain a loan of 5 million yuan;

Of course, developing central enterprises is a long-term and complicated task, and it also requires government departments, With the mutual cooperation and efforts of banks and enterprises, I believe that through the establishment of a multi-level, wide-ranging investment and financing system and interactive mechanism, the development of enterprises will be faster and better. We also hope that Xinxin Group can help these enterprises on their growth path. Next, I ask all entrepreneurs to speak freely and put forward all the current financing problems. We will discuss them together. We hope that our arrival can give all entrepreneurs a satisfactory answer.

Thank you everyone.