Shanghai’s small and medium-sized enterprises fight against the epidemic: shareholder loan relief for digital transformation

Under the epidemic, some small and medium-sized enterprises in Shanghai are seeking all forces to actively save themselves.

“Affected by the epidemic, our project lags behind the original plan, and the non-public offering originally scheduled for March cannot be completed in time. However, these are temporary. At present, our company has taken a series of measures to deal with them. On the one hand, we reserve raw materials in advance to ensure production; on the other hand, we solve the problem of temporary capital shortage through shareholder loans.” Dong Hui, general manager of Shanghai panye Hydrogen Energy Technology Co., Ltd. (hereinafter referred to as “panye hydrogen energy”), told the first financial reporter.

Shanghai Furen ophthalmology Technology Research Institute (hereinafter referred to as “Furen ophthalmology”), which relies on outpatient traffic, has been temporarily closed under the recent epidemic, but it has also taken measures in the short and medium term. Wang Jiangqiao, director of Furen Ophthalmology, said that in terms of capital, banks hope to make low interest loans in the short term and direct financing through the capital market in the medium and long term; In terms of operation, the transformation of digital consultation will be guided by the thinking and means of the Internet in the future.

Just recently, Shanghai equity custody Trading Center (hereinafter referred to as “Shanghai Stock Exchange Center”) also reduced the fees of relevant enterprises and intermediaries.

The first financial reporter learned that the Shanghai Stock Exchange Center will reduce or exempt the review fees for listing, financing and bond issuance for enterprises that play a prominent role in the anti epidemic work; For intermediaries that provide listing, financing and bond issuance services for anti epidemic enterprises, the pre-trial service fee shall be reduced or exempted accordingly.

technology enterprises reserve production raw materials in advance

At present, panye hydrogen energy has been listed on the scientific and Technological Innovation Board of Shanghai Stock Exchange Center. Founded in January 2006, the company is a high-tech enterprise dedicated to the R & D, production and sales of hydrogen fuel cell products.

Talking about the impact of the epidemic, Dong Hui cited one by one that, first of all, in terms of enterprise R & D and production, due to the restrictions of the epidemic, normal business travel and communication cannot be carried out. At the same time, the supply chain is also affected to varying degrees. The arrival time of raw materials and key parts is seriously delayed, and the arrival time of the production equipment ordered by the company is also delayed due to the impact of the epidemic.

Secondly, the promotion and deployment of the company’s major projects have seriously lagged behind the original plan. For example, the 1000 shared hydrogen energy two wheeled vehicle project originally planned to be launched by panye hydrogen energy in June cannot be deployed according to the expected time due to the current epidemic situation.

Thirdly, in terms of financing, the progress of the company’s new round of equity financing was affected, the original offline promotion stage could not be carried out, and the capital docking was forced to be changed to online or temporarily cancelled; The non-public offering originally scheduled for March could not be completed in time, resulting in the lack of timely investment funds; The approval of bank loans was also delayed by the epidemic.

In addition, “due to the epidemic situation, the annual audit report of the third party cannot be issued in time, and the disclosure of the company’s annual report in 2021 is affected.” Dong Hui said.

In this situation, panye hydrogen energy maintains the company’s operation through multiple measures.

“We now publicize and implement the epidemic prevention policy to our employees every day: during the epidemic period, we will take normal prevention and control measures,” leave Shanghai if necessary “, adhere to the” three piece set of epidemic prevention “and keep in mind the” five requirements of protection “. If employees or family members leave or come to Shanghai, they shall report to the company in time. Dong Hui said that these are basic and necessary means of epidemic prevention.

with regard to the operation of the company, Dong Hui told reporters that the company has reserved raw materials for production in advance to ensure production; In daily work, hold remote video conference and organize online staff training; In terms of funds, the temporary shortage of funds is solved through shareholder loans

The epidemic briefly disturbed the operation of enterprises, but Dong Hui still has light in his eyes. He believes that although China’s hydrogen energy industry is in its infancy, it has great development prospects, and hydrogen energy will be the most important part of the energy field in the future.

The field of hydrogen fuel cell is a key industry supported by the state and has been explicitly included in the national medium and long-term plan. At present, the country promotes the application of fuel cell vehicles in the form of demonstration city clusters. The five demonstration clusters are Shanghai, Beijing, Guangdong, Hebei and Henan.

medical institutions seeking digital transformation

“Under the epidemic situation, private medical institutions are more difficult, and most of them are facing closure, because there are no patients coming to the door, or patients are afraid to go to medical institutions and worry about being infected by the disease. In addition, more screening should be done at the beginning, such as temperature measurement, nucleic acid detection, etc.” Wang Jiangqiao told the first financial reporter.

In Wang Jiangqiao’s view, it is difficult for medical institutions without special technology to have a way out in the current situation, and there are still patients who will come after the epidemic is loosened in institutions with technology, because there is rigid demand.

It is understood that Furen ophthalmology is a company with a research institute and an outpatient department. For more than 20 years, it has mainly studied the prevention, control and blindness prevention of myopia.

“Our clinic area is not large. The original intention of the original design was to be an institution with a long life. It can live regardless of the wind and waves. This is because I experienced the financial crisis in 1998 and 2008, and there will always be some Impermanence in my life. Therefore, when I set up the Institute in 1999, I hoped that the institution could be stable.” Wang Jiangqiao said with emotion.

In terms of the impact of the epidemic, Wang Jiangqiao said, “when the impact of the epidemic is small, the outpatient flow is OK and the revenue and expenditure can be balanced, but there are basically no patients recently. We have to rely on borrowing to maintain. After all, rent and employee wages need to be paid. Fortunately, we have done well in the first 20 years and accumulated some accumulation, but we will have problems if we only rely on these for another year or two.”

According to the first financial reporter, under the epidemic situation, many private medical institutions with large outpatient area are unable to make ends meet and maintain their operations through various loans and loans.

At present, Furen ophthalmology also has financial pressure without passenger flow Wang Jiangqiao said that at present, he is actively seeking support from two aspects in terms of financing. First, indirect financing, hoping to obtain low interest loans from banks; Second, in terms of direct financing through the capital market, it has been connected with the Shanghai Stock Exchange Center, but there are also some challenges that need to be made further efforts

business level, Furen ophthalmology is exploring the digital mode. Wang Jiangqiao said, “on the one hand, we recognize the examination of patients in any medical institution and can diagnose through calculation; on the other hand, patients can take relevant pictures to us according to our requirements, and then judge the specific eye diseases through standardized inquiry methods. At present, these are free treatment, and charge after forming a standardized process.”

“In the future, we will use the thinking and means of the Internet to achieve extensive drainage, accurate docking and transformation of the Internet. We are ready.” Wang Jiangqiao said.

In addition, Wang Jiangqiao looked forward to the epidemic quickly, “the incidence rate of eye is still very high, and now more than 50%, after the epidemic has improved, rigid demand has come out again, so the industry itself is promising.”

Of course, recently, some medical service enterprises have participated in the epidemic prevention and control in Shanghai.

According to the data, as of March 30, Meinian Onehealth Healthcare Holdings Co.Ltd(002044) ( Meinian Onehealth Healthcare Holdings Co.Ltd(002044) . SZ) has sent nearly 600 medical and nursing personnel to Minhang, Xuhui, Hongkou, Huangpu, Yangpu, Changning and Pudong communities for nucleic acid sampling, totaling 226000 person times.

It is also understood that Meinian Onehealth Healthcare Holdings Co.Ltd(002044) will launch mental health services, and launch targeted mental health service packages for medical care, police, community workers and volunteers fighting in the front line of the anti epidemic, as well as the broad masses of the people affected by the epidemic.

hope to have more financing support

According to first finance, under the epidemic, the business of small and medium-sized enterprises is affected to varying degrees, and the payment collection cycle becomes longer, which has a great impact on the company’s cash flow. Small and medium-sized enterprises in the period of rapid development have stronger financing needs.

In addition to meeting some of its own capital needs, panye hydrogen energy also hopes to reduce costs and increase capital with the help of external forces.

\u3000\u3000 “Under the epidemic situation, the rent pressure is relatively large, and the rent reduction policy hopes to cover other situations of leasing except state-owned real estate; it hopes that the equity exchange will reduce the audit / review fee, new stock / share registration fee, information disclosure service fee, supervision fee, share custody fee, etc.; it hopes that the government can discount interest on bank loans, and some small loans hope that the government’s guarantee institutions can guarantee; it hopes to moderately reduce the loan threshold and review flexibly and quickly Approve short-term bank loans to solve the problem of enterprise cash flow. ” Dong Hui said.

In addition, some small and medium-sized enterprises hope to make direct financing through docking with the capital market.

In this regard, Zhang Yunfeng, party secretary and general manager of Shanghai Stock Exchange Center, believes that if enterprises want to be listed, they should first standardize, second meet the financial indicators required for listing, and third meet the requirements of different sectors of the capital market for industry attributes.

So what business indicators should a good enterprise have? Zhang Yunfeng said that there are six combinations. First, high profits + the rapid development of enterprises requires a lot of capital needs; Second, high operating income + high R & D investment; Third, high operating income + high operating net cash flow; Fourth, a certain scale of operating income + high growth; Fifth, high market value + phased achievements; Sixth, the quantity and quality of independent intellectual property rights.

In Dong Hui’s view, enterprises favored by capital generally have the characteristics of products with market application prospects, in line with the direction of national policies, independent core technologies and a certain technical threshold.

From the current capital path, industry leaders, large, backbone, blue chip and mature enterprises mostly choose to be listed on the main board; High growth, science and technology-based, innovative and growing enterprises mostly choose gem and science and innovation board for listing; In the initial stage or growth stage, enterprises with sustainable operation ability mostly choose the over-the-counter markets such as the Beijing stock exchange, the new third board and the equity trading center to enter the capital market.

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