Walking into Zhongshan Xiaolan Tianji Zhihai project Industrial Park, the brand-new park is full of factories, spacious production workshops and advanced manufacturing equipment. The park will introduce industries dominated by intelligent manufacturing, new generation information technology and optoelectronics, and industries characterized by producer services. It can accommodate more than 1500 high-quality science and technology enterprises and create an industrial park with an output value of 10 billion, which will make a strong contribution to the new blue picture of local economic development.
On March 29, 2020, the construction of Tianji Zhihai project in Xiaolan Town, Zhongshan was officially started. This is the first large-scale project in Xiaolan Town to build Zhongshan intelligent manufacturing innovation service demonstration area, with a total planning area of about 560 mu, which will become a powerful engine for Xiaolan Town to develop a new economy.
For more than a year, China Agricultural Bank Of China Limited(601288) Zhongshan branch (hereinafter referred to as “Zhongshan Agricultural Bank“) changed “impossible” to “possible”, and made Tianji Zhihai industrial park a new model for the upgrading and transformation of the city’s village collective inefficient Industrial Park, injecting financial impetus into the upgrading and development of Xiaolan industry.
“To be honest, we didn\’t expect to complete it so quickly. It also made me deeply feel the fast, accurate and excellent financial services provided by Zhongshan Agricultural Bank,” sighed the relevant person in charge of Tianji Zhihai project.
In fact, this is only an epitome of the continuous support of the Agricultural Bank of Zhongshan for the upgrading and transformation of the village collective inefficient Industrial Park, the acceleration of “industrial reform” with financial power, and the cracking of the bottleneck of land development in Zhongshan.
financial assistance for the upgrading of village level industrial parks
In the 1990s, many zinc iron sheds and other factories were built in villages and communities in Zhongshan, which can no longer meet the needs of economic development. However, for village level industrial park reconstruction projects that do not conform to the traditional credit model, it is difficult to obtain credit support directly from banks.
In view of this pain point, Zhongshan Agricultural Bank has brought a new credit scheme, innovatively pledged the rent receivable rented by the village collective property, and solved the problems that have plagued the village for many years. Moreover, the loan can be repaid slowly. The repayment period is as long as 15 years after the completion of the project construction, and the repayment pressure is small. In May 2020, Zhongshan Agricultural Bank of China invested the first “industrial reform loan” of RMB 100 million for Tianji Zhihai (phase I) project. The loan funds accelerated the construction of the project. At the same time, it also helped the transformation of the project run out of the new speed of Xiaolan Industrial Reform Project, which obtained the “four certificates” in 47 days, capped in more than 7 months and successfully opened the park in 14 months, setting a new model of “industrial reform” in the local area.
“Thanks to the credit support of ABC!” The person in charge sighed. At present, Zhongshan Agricultural Bank has granted a loan of 315 million yuan for the project. The person in charge of the project said that Zhongshan agricultural bank sent a very professional business manager to connect and follow up the project loan process. “The business content involved in the \’industrial reform loan\’ is relatively complex. We try to explain it more clearly to customers, run more projects, communicate with customers face to face, solve problems, and want to do a good job of the \’industrial reform\’ with the best service and the fastest speed.” ABC’s account manager said.
break through the new road of village reform and Rural Revitalization
In fact, the process of launching the “industrial loan reform” of Zhongshan Agricultural Bank is not smooth. According to the person in charge of the bank, as a large state-owned bank with responsibility, ABC deeply understands the significance of the transformation and upgrading of village level industrial parks to industrial transformation, Rural Revitalization and economic development. At that time, Zhongshan Agricultural Bank of China was concerned about the transformation needs of village level plants in the Pearl River Delta. The project team actively visited towns and villages, invited professional departments of provincial branches to visit and investigate on the spot, went deep into the front line of village reform to understand the situation of village reform and relevant policies, conducted multi-party and multi round discussions and demonstrations on the transformation needs of old plants in the Pearl River Delta, and solved the pain points in the process of credit business one by one Finally, it successfully “broke the ice” in the industry, landed such loans and tasted the “first soup”. At present, Zhongshan Agricultural Bank has successfully implemented key industrial reform projects such as Zhongshan Xiaolan Tianji Zhihai, ancient town caoyi Tianhong lighting industrial park, ancient town caoyi comprehensive farmers\’ market, Henglan Xinmao Industrial Park supporting complex building, with a total approved amount of 2.7 billion yuan and a loan of more than 1.1 billion yuan, providing effective financial support for the “industrial reform” project of Zhongshan City, It provides industrial land and industrial housing guarantee for the development of the real economy.
The “industrial loan to industrial loan” products of Zhongshan Agricultural Bank are at the forefront of the industry with wide uses, long term and flexible guarantee methods. They can be used to pay the preliminary expenses such as demolition, compensation, resettlement and land leveling of rural industrial park reconstruction projects, as well as the later inputs and expenses such as park reconstruction, plant construction and the construction of supporting infrastructure and living facilities in the park, The financing proportion can reach up to 80% of the total project investment, and the loan term can be the project construction period + 15 years. Zhongshan Agricultural Bank of China has explored different financing modes for multiple borrowers, which can be flexibly applied to village reform projects. Its rich experience and strong strength can better serve the transformation projects of village level industrial parks.
At present, Zhongshan Agricultural Bank of China has established a professional service team for the “industrial reform” project, guided by the two major industrial reform tasks of the municipal Party committee and the municipal government, the transformation of the village collective inefficient Industrial Park and the transformation of the transferred private (enterprise) fragmented land and plant, invested more human, material and energy, went deep into the community to find out the needs of the “industrial reform” and customized financing schemes for customers in need, Boost the industrial upgrading and transformation of Zhongshan City.
To solve the land dilemma is a hard battle in Zhongshan. It is speed and quality. Finance is the accelerator and powerful engine. As a large state-owned bank, Zhongshan Agricultural Bank of China will continue to solve the “land dilemma” with financial strength and unswervingly be the financial vanguard to solve the neck of the land bottle.
(source: Nanfang plus)
