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    CITIC Bank Helps Pform Shaoxing'S Textile Industry

    2010/8/14 12:37:00 32

    British Airways Textile Pformation

    By the end of 6, CITIC Bank Shaoxing branch had handled 330 million yuan of deposit and loan pledge, and the balance of equity pledge loans reached 268 million yuan. The balance of accounts receivable pledge, the balance of the right to use warehouse loans and the mortgage of standard factory mortgage amounted to 641 million yuan, which effectively supported Shaoxing.

    Spin

    Industry continues to develop in pformation and upgrading.


    "Our company has the most advanced printing and dyeing equipment in the world, not only in sewage treatment, but also in sewage treatment.

    energy conservation

    Environmental protection has reached the world's advanced level, and the added value of products has been significantly improved, with a profit margin of 19.7%, which is higher than the average profit margin of printing and dyeing industry by nearly 16 percentage points.

    We want to thank the government and CITIC Bank for helping us pform and upgrade.

    Shaoxing County Jinxiang textile printing and dyeing Co., Ltd., a person in charge, gave a talk about the role played by the banking industry in supporting the pformation of the local industry.


    In recent years, Jin Xiang Hui textile printing and dyeing Co., Ltd. has introduced the most advanced printing and dyeing machines such as setting machines and air flow dyeing machines in the world. CITIC Bank Shaoxing branch has granted 12 million 400 thousand yuan credit to enterprises in time to help enterprises upgrade through equipment.

    capacity

    Quality and product technology content to promote pformation and upgrading of the company.


    The textile industry is the traditional pillar industry of Shaoxing's national economy. The success of these enterprises is only a microcosm of the pformation and upgrading of the textile industry.

    With the deepening of pformation and development, the Shaoxing county government plans to take 5 years to prepare half of the existing 197 printing and dyeing enterprises in the county in accordance with the requirements of "integration, integration, quantity control, energy saving and emission reduction". By 2014, more than 80% of the printing and dyeing enterprises in the county will increase their body price and enter into the coastal industrial area.

    This is the first industrial demonstration zone in Zhejiang province that specifically proposed the steps of pformation and upgrading and the exit mechanism of enterprises. It is also the largest industry pformation and upgrading in Shaoxing's history.

    For this reason, Shaoxing county has prepared a special fund of 3 billion yuan.

    policy

    Guidance and capital compensation will speed up the pformation and upgrading of printing and dyeing enterprises.


    "Helping textile enterprises pformation and upgrading is not only reflected in product innovation and value-added, but also should support textile enterprises in pursuit of low-carbon environmental protection, energy conservation and emission reduction, sewage treatment and so on."

    Ying Shunhua, vice president of the Hangzhou branch of CITIC Bank and governor of Shaoxing branch, said: "the pformation and upgrading of banks to support textile enterprises must focus on doing things well and doing well."

    They formulated and adjusted the policy of credit investment in accordance with relevant government policies, focusing on advanced technology and equipment, high added value of products and strong market competitiveness.

    brand

    High quality textile enterprises with obvious advantages, stable sales channels and good financial conditions cooperate closely.


    In terms of credit operations, they insist on maintaining control. By strengthening contacts with local finance, industry and commerce, merchants, development and Reform Commission, economic and Trade Commission, customs and other government departments, customers and project information can be obtained in a timely manner. The emphasis should be placed on innovative textile products with high technology, functional fiber and composite materials as the direction of development.

    structure

    Optimization.

    Jinyu Knitting Co., Ltd. of Zhejiang is developing new products badly in need of financial support. The branch has given 30 million yuan credit in time. At present, enterprises have gradually developed more than 10 series of 2000 new products, so that enterprises can pform from simple export products to export packaging and design at the same time, and effectively enhance the added value of products and have significant benefits.

    Zhejiang step man socks Co., Ltd. has developed high comfort ecological socks, not only low carbon and environmental protection, sewage treatment standards, and huge market potential, the branch timely credit 60 million yuan, support enterprises successfully developed soft, breathable, moisture permeable, antibacterial, deodorant, wear-resistant, comfortable and other characteristics of the ecological antibacterial socks.

    Nowadays, the pformation and upgrading of such textile enterprises are increasing in the customer base supported by the branch.


    In order to boost the pformation and upgrading of more textile enterprises, CITIC Bank Shaoxing branch has also actively innovated the credit guarantee mode, successfully launched such credit businesses as equity pledge, warehousing rights pledge, deposit and loan pledge, accounts receivable pledge, standard factory mortgage, and so on, so as to meet the financing needs of enterprises.

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