Wenzhou Owners Fled And Business Failures Were Basically Under Control.

Wenzhou, this once erupted. debt The opening up of the southeast coastal city of Zhejiang began to show some positive effects.

The party and the state clearly put forward a strong financial and fiscal policy orientation to support the development of small and medium-sized enterprises, which has greatly encouraged Wenzhou. The situation in Wenzhou tends to be stable. The boss "run the wind", "business collapse" and debtor "jump building" video: another runway boss in Wenzhou appears to claim that he has not left.
Source: Oriental TV frequent events in Eastern TV are basically under control. In the past half a month, with the concerted efforts of the government, banks, enterprises and all sectors of society, Wenzhou's corporate debt crisis has changed.

The 25 group of "special commissioners"

Anti bank financing

Guard against

For enterprises with problems, hidden dangers and risks, "mine clearance and risk elimination" should be warned. Bankruptcy "Come back again"

When the whole town was in a state of panic, at the end of September, the municipal Party committee and municipal government of Wenzhou quickly promulgated the opinions on stabilizing and standardizing financial order and promoting economic spanformation and development.

Wenzhou organized 25 liaison and coordination teams to be stationed in 25 commercial banks in the whole city. The "special activities" that these "special agents" do is: together with banks, we should thoroughly investigate the credit enterprises concerned, and solve the problems of hidden dangers, risks and risks for enterprises. For every loan, the system of "questioning" and "supervision" should not be used by the banks to produce normal businesses, but not to lend money and not to extend loans.

The company has good business and orders, but the loan of 15 million 800 thousand yuan can not be renewed after returning to the bank. The reason is that the new guarantor has not been implemented for a while. If it can not be renewed, enterprises will be oppressed by the high interest of private lending, and repeat the mistakes of their predecessors. The liaison group, which was stationed in the Bank of communications, found out this problem and promptly communicated with the bank. Finally, it decided to renew the loan immediately, and tolerated the company to find a guarantor within 3 months, thus solving the urgent need of the enterprise.

In October 13th, the Wenzhou municipal government set up a special fund of 500 million yuan as a special fund for enterprise emergency loan. Wenzhou Municipal Finance promulgated the "17 new taxes and charges", focusing on helping enterprises to get rid of difficulties and solve the problems encountered in mergers and acquisitions. Taxation Problem.

"Rescue" relax risk tolerance "blood spanfusion" enterprises

In order to save the market, banks in Wenzhou apply for additional credit scale, implement loan interest rate differentiation, and innovate financial products.

Wenzhou business community generally reflects that the breakup of some enterprises' capital chain and the debt crisis are the result of the exhaustion of the "capital pool".

In order to save the market, the major banks in Wenzhou apply to their respective superiors to apply for additional credit scale, implement loan interest rate differentiation, innovate financial products, lower loan interest rates, and help Wenzhou SMEs break away from financial difficulties.

The banks are unified in their actions, and they will not accept loans, do not mortgage loans, do not delay loans, do not float interest, and do not sell financial products.

Wenzhou Banking Supervision Bureau said that Wenzhou's banking institutions have been striving for credit scale of 18 billion yuan. At the same time, credit funds further tilt to small and micro enterprises.

Wenzhou is one of the cities with the highest loan quality, and the rate of bad loans is only 0.37%. In order to effectively support SMEs' financing, banks relax the assessment requirements for SMEs' non-performing loan ratio, thereby easing the tolerance of loan risks. In general, the tolerance is relaxed to 1% - 2%.

Hu Fulin, chairman of Wenzhou Xintai group, owes about 1000000000 of the bank and private lending. The Wenzhou branch of the Bank of China is the largest creditor bank of the company. At present, the bank has given 148 million of the fixed assets loans to Xintai group, with 61 million of the liquidity, and a total of 209 million.

With the support of the provincial bank, the Wenzhou branch of the Bank of China will not take two of the original loans, and the loan period will be appropriately extended. The interest rate will be appropriately favorable and the working capital will be increased appropriately. Hu Fulin said, "this is a timely relief." with this support, the creditors of private lending can rest assured that they will not force me, and my "reorganization game" will live.

"Effective confidence" and "honesty" are retrieved from "coming back".

The government "package" rescue measures "fermented", part of the "run away" debt tycoons returned from abroad.

In the rapid reversal of the situation, from October 9th to 10, Sun Fucai, Hu Fulin and others came back from the United States and other places, which received much attention both locally and in the whole country. Many government officials and entrepreneurs say this shows that the government's "package" rescue measures are "fermented".

Sun Fucai and Hu Fulin told reporters separately that they should base themselves on saving themselves and reorganize the enterprises and restore confidence and integrity from "coming back".

Sun Fucai, chairman of the OMI company, came back and formulated a plan to restructure the enterprise and reconnect the capital chain.

Hu Fulin, chairman of Xintai group, eats and lives in the company 24 hours a day. The production line of spectacles has been partially resumed. It is said that it can be restored to 50% in October 20th and can be fully resumed in a few months. In addition, we have developed a scheme to build glasses manufacturing and agent chain stores at home and abroad, and strive to realize the spanformation and upgrading of labor-intensive traditional manufacturing industries.

Hu Fulin said he hoped that with the support of the government and banks, the two solar energy production bases in Ouhai district and Pingyang county would be fully constructed with sufficient orders but underemployment. "Self rescue is the fundamental, I will be able to stand up!"

Wenzhou's financial reform and innovation will accelerate

Chen Derong, vice governor of Zhejiang province and Secretary of Wenzhou municipal Party committee, Chen Derong: there are many private capital and hard investment in China. Intermediate bridge

Chen Derong, vice governor of Zhejiang province and Secretary of Wenzhou municipal Party committee, think that Wenzhou's finance and enterprises have the characteristics of "more than 2 dilemmas": they have more civilian capital (up to 110 billion yuan) and are hard to invest; more SMEs (up to 14 yuan) and financing difficulties. How to solve these two contradictions, there is no bridge between them, that is, the financial system. This is the focus and the starting point of Wenzhou's financial reform.

Chen Derong said that to accelerate the reform and innovation of local finance in Wenzhou, the core is to establish three systems: a financial institution system serving a large number of small and medium-sized private enterprises; to set up a market system for private capital and small and medium-sized enterprises; and to establish a local financial supervision system to prevent risks, which is the main way to guard against the debt crisis fundamentally.

Ma Jinlong, President of Wenzhou Economic Association, believes that solving debt crisis requires both treatment and treatment. The permanent cure is to promote Wenzhou's financial reform, floating deposit and loan interest rates, so that formal financial institutions can absorb large amounts of public funds to meet the legitimate financial needs of small and medium-sized enterprises.