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CCTV focus again! XCMG issued 300 million yuan "epidemic prevention and control debt"!

August 05, 2020

13 February
XCMG successfully issued the first single in jiangsu province “ Epidemic control debt ”
Raised funds up to 300 million yuan
All for
Construction engineering machinery and
Production and operation of urban disinfection and anti-epidemic environmental equipment

With the support and promotion of people's bank of China, nanjing branch, China construction bank, etc. Epidemic control debt ” It only took four days to complete the whole process from the declaration of issuance to the collection of funds, with the interest rate of 2.69%, the lowest bond financing cost for XCMG in the past five years.

It is reported that the successful issuance of this single bond not only solved the urgent need of low-cost capital for production during the epidemic, but also further alleviated the recent operational and financial pressure faced by some small and micro private enterprises in the industrial chain of XCMG through the transmission mechanism.

& other; Wu jianglong said that first-level emergency management infrastructure, such as construction machinery in a lot of equipment, such as wuhan, tianjin, xuzhou and other places to build first-level medical treatment infrastructure. Throughout the &;

According to the introduction, according to the notice of the people's bank of China and China insurance regulatory commission, XCMG group finance co., ltd. has actively adjusted the special arrangement for financial services in the near future to fully guarantee the financial needs of its member units and industrial chain customers, among which it has given more preferential treatment to customers in hubei.

For example, consumer credit and finance lease customers in hubei can apply for a repayment extension of up to 3 months upon written recommendation of the local office and XCMG equipment manufacturer.

After written recommendation by local office and XCMG equipment manufacturer, customers of consumer credit and financial leasing in non-hubei region can apply for a repayment extension of up to 2 months. During the extension period, interest will be normally charged, without penalty or overdue payment.

For construction clients who actively participate in the construction of Raytheon mountain hospital, vulcan mountain hospital and other emergency hospitals in other areas and are directly related to the first-line anti-epidemic work, upon written recommendation of the local office and XCMG equipment manufacturer, the financing of the mechanical equipment used for anti-epidemic construction can be exempted from interest in the repayment in the recent 3 months.

From February to April 2020, the executive interest rate of loan business will be lowered comprehensively, including but not limited to the whole industry chain of financial business such as working capital loan, commercial bill discount, account receivable factoring of suppliers and dealer financing

At the same time, XCMG has opened the anti-epidemic green channel. During this period, XCMG will provide low-cost and efficient financial services if there is any fund demand directly related to the anti-epidemic work. With the support of internal and external financial resources, XCMG joins hands with global suppliers and dealers “ Allied & throughout; , customer partners, full power, “ The output & throughout; More & other; Great powers ” Smart power will help us win people's wars, general wars and resistance wars on epidemic prevention and control.

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