Akesu Branch Of Agricultural Development Bank "Lend" To Move The Textile Industry Accurately To Help The Poor

In 2020, the Akesu branch of the agricultural development bank increased credit input through expanding credit scale, optimizing credit structure and innovating financing mode, supporting the development of textile industry and driving the textile industry out of poverty. As of April 8th, Akesu branch has approved a total of 644 million yuan in textile category this year, with a total of 466 million yuan.

Akesu new Jue Textile Co., Ltd. (hereinafter referred to as the new company) is a key cotton spinning enterprise in Akesu, mainly engaged in cotton acquisition, processing, textile, marketing and other businesses. In recent years, Akesu has introduced a series of policies and measures, such as the textile and garment industry to promote employment, and the special subsidy fund management of textile and garment enterprises. In order to seize the favorable policy environment for developing the textile industry in the autonomous region and Akesu textile industrial city and enhance the market competitiveness, the new company put forward a project plan for the first phase of the 300 thousand inflow spinning OEA yarn production line. Due to the impact of insufficient funds, it applied to the Akesu branch for an industrial poverty alleviation fixed asset loan of 250 million yuan. The Akesu branch immediately dispatched a special person to set up an investigation team. The first time was to arrange communication and field visits for the business backbone, in-depth understanding of the production and operation of enterprises, financing needs, and the administrative approval procedures for the construction of the projects concerned; formulate loan financing schemes, review the loan information overtime, and carry out the grading credit for the loan enterprises under the joint promotion of the three levels of District, county and county level. The work of all aspects of project evaluation and investigation, and the size of funds raised urgently, and after concerted efforts, the loan of the first 125 million yuan was finally put into operation, and the new company was supported to build factories, supporting infrastructure and purchase spinning equipment. After the completion of the project, it will provide about more than 600 direct employment jobs for the poverty-stricken local population. At present, 15 people have been employed in the construction of the poverty stricken population. The average income per person is 32 thousand yuan per year.

New chairman of the company said: "the Akesu branch of the Agricultural Development Bank actively plays a policy financial function to help our enterprises to solve problems. This will play a positive role in promoting our textile enterprises to further strengthen technological transformation and independent brand building, and comprehensively enhance the core competitiveness of enterprises, and realize the transformation from big to strong."

The textile industry is a traditional pillar industry and an important livelihood industry in China's national economy. It is also an obvious industry with international competitive advantages. In recent years, relying on cotton resources and location advantages, the Akesu region has comprehensively promoted the construction and development of the industrial agglomeration area. Under this situation, Akesu branch has actively implemented the national industrial policy and actively increased its support for the textile industry. Akesu branch also successfully issued 311 million yuan loan through the use of fixed assets acquisition loan mode to support the Akesu Textile City water supply and drainage company to purchase the fixed assets of fixed assets under the name of textile industrial city. After the completion of the project, on the one hand, it will effectively revitalize the fixed assets of Akesu textile industrial city; on the other hand, it will promote the development of advanced textile and garment industry, textile and trade industry in textile industry city, and lay a solid foundation for making Akesu textile industrial city become the base of China's high quality cotton textile and China's high-quality knitting products base. In addition, the Akesu branch also actively supports the development of the textile industry of the Corps, and grants 30 million yuan of industrial poverty alleviation loan to the Yarlung City Textile Co., Ltd., which is used for the procurement of raw materials for spinning raw materials. It is expected to boost the income of the 5 poor people who are filing the card and increase their income per capita by 26 thousand yuan per year.

Next, the Akesu branch will continue to increase its support for the textile industry, strive to market and cultivate high-quality customers on the choice of customers, expand customer groups, optimize customer structure, and support textile enterprises that conform to the state's industrial policy, strong operational capability and high management level. In the allocation of credit resources, it will expand the support field, in addition to continuing to satisfy. The liquidity needs of enterprises will also support technological transformation projects, cotton production base construction projects and industrial transfer projects.