Chapter I  General  Rules

Article 1 To alleviate the pressure of short-term capital turnover of enterprises, and strive to solve the problem of difficult and expensive financing, according to the "Guangdong Provincial Optimization of Business Environment Regulations" "Zhongshan City on building a first-class business environment action plan" and other documents, the establishment of Zhongshan Torch Development Zone to support enterprise financing special support funds (hereinafter referred to as "financing special support funds"). (hereinafter referred to as "financing special support funds"). In order to standardize the use and management of financing special support funds, with reference to the "Interim Measures for the Management of Special Support Funds for Supporting Enterprise Financing in Zhongshan City", combined with the actual situation in our region, the development of this approach.

Article II The financing special support funds referred to in this approach refers to the Torch Development Zone specifically for the loan repayment capital needs and in line with the conditions of the bank to renew the loan of the enterprise, to provide short-term turnover of policy funds.

Article 3  This approach to support the object refers to meet the following basic conditions of the enterprise:

(a) in the Zhongshan Torch Development Zone for industrial and commercial registration and tax registration, to obtain the business scope of the relevant administrative licenses, and good faith operation and have the ability to sustain the development of the legal person of the enterprise (except for real estate enterprises);

(b) meet the conditions of renewal of the loan of the cooperative bank, the cooperative bank agreed to renew the loan, the cooperative bank agreed to renew the loan, and to provide a short-term working capital. (b) meet the conditions of the cooperative bank agreed to renew the loan, the bank agreed to issue relevant written materials for the enterprise and commitment to ensure the safety of financing special support funds, and the original loan bank and the renewal of the loan bank is the same bank.

Chapter II  management bodies and operating agencies

Article   In order to strengthen the financing of special support funds for the overall management, the establishment of special support funds to support the financing of enterprises to support the establishment of the Management Committee (hereinafter referred to as "the Committee"), the District Management Committee in charge of the financial sector leaders as director. Financial sector leaders in charge of the district management committee as director, members of the district financial sector, the district department of science and technology, the district public capital group and other units of leadership. The Committee is responsible for raising special financing support funds, formulating fund management methods, guiding and supervising the use of special financing support funds, coordinating with various banking institutions in Zhongshan, studying and solving major problems, and hearing regular reports on the operation of special financing support funds. Committee office located in the district finance department.

Article V  Committee members have the following responsibilities:

(a) District Department of Finance: is the financing of special funds to support the competent authorities responsible for the development of financing special funds to support the development of management methods; authorized by the Committee, and the Zhongshan Torch Huaying Investment Company Limited (hereinafter referred to as "Huaying Investment") signed a commissioning agreement, entrusted to Huaying Investment. Ltd. (hereinafter referred to as "Huaying Investment") signed a commissioning agreement, entrusted Huaying Investment is responsible for the management and operation of financing special support funds; summary preparation of financing special support funds budget, review of financing special support funds performance objectives; handling of financing special support funds for the issuance and disbursement of funds; financing special support funds to carry out the implementation of the performance of the funds to carry out the monitoring of the performance of the operation of the organization to carry out the performance evaluation; do not directly involved in the approval of the project and other matters.

(b) District Economic Department: responsible for assisting enterprises to declare financing special support funds to support the development of enterprise financing business.

(C) District Public Capital Group: responsible for the preparation of financing special support funds budget, responsible for the standardization of funds expenditure, funds performance target setting, tracking the implementation of the project, the use of project funds for performance self-assessment, etc.; is responsible for supervising the Huaying investment to improve the internal approval process and the financing of special support funds for the day-to-day management of the rules and regulations, standardize the operation of the funds under the premise of ensuring the safety of the funds maximize the use of the funds. Effective; overall monitoring of financing special support funds, supervision of fund operation and management; coordination of banking institutions; increase publicity to accelerate the promotion of banking institutions to carry out financing special support funds to support enterprise financing business; financing special support funds to support enterprise financing business to carry out supervision.

Article 6  Huaying Investment, as the operation and management company of the district financing special support funds, accepts the district financing special support funds committee, the higher departments of the guidance and management of the business, improve the fund management system and business processes, and the relevant banks to sign a cooperation agreement, the opening of a special account for financing special support funds, financing special support funds for the approval of funding applications, project tracking, comprehensive assessment of risk. We will follow up the projects and make comprehensive assessment of the risks. Huaying Investment is responsible for the day-to-day management and operation of the financing special support funds, doing a good job of preserving and increasing the value of the financing special support funds, and doing a good job of publicity and promotion and regular reporting.

Article 7: Huaying Investment shall make a written agreement with the cooperative bank on matters related to special support funds for financing, specify the mode of cooperation, the process of using funds and the rights and obligations of both parties, establish and improve the relevant management system, standardize the management of funds, and reasonably dispatch funds. Both the cooperative bank and Huaying Investment shall designate a person in charge of financing special support funds.

Chapter III  Funding Arrangements

Article VIII of the funding, contributions and business subsidies

(a) Contribution: Financing special support funds by the District funded the establishment of the overall scale of 500 million yuan, the first phase of the funds in principle, not less than 200 million yuan; the District may, depending on the circumstances of the increase or decrease in the contribution.

(b) Contribution: Huaying Investment shall contribute the quarterly interest on all bank deposits generated by the special account for financing special support funds and the actual income generated by the business of financing special support funds (net income after deducting the taxes and fees paid for the issuance of invoices for the use of the funds), minus the balance of the bank charges generated by the transfer of funds, if any (hereinafter referred to as the "contribution"), to the District in each of the quarter. The balance after deducting the bank charges (if any) arising from the transfer of funds (hereinafter referred to as the "Contribution Amount") shall be paid to the Finance Department of the District in the month following the end of each quarter.

Upon completion of the operation of the financing special support fund project, Huaying Investment shall pay the full amount of the fund back to the district financial department.

(C) business subsidies: Huaying Investment, as the main body of daily management and operation of financing special support funds, receives business subsidies, which are composed of the following two parts:

First part: (all bank deposit interest generated by the special account of the financing special support funds each year - bank charges generated by the transfer of funds) x the calculation ratio ①

Second part: the financing Special support funds business each year the actual income (net income after deducting the tax paid for the issuance of invoices for the use of funds) × accrual ratio ②

Accrual ratio Note:

Accrual ratio ① = 20% × (the amount of financing special support funds business each year / 1 billion yuan), accrual ratio ① of the ceiling value of 20%;

Accrual ratio ② is divided into Calculated in two cases:

Scenario 1: when the annual amount of financing special support funds business is less than or equal to 1 billion yuan, the accrual ratio ② = 20% × (financing special support funds business annual amount / 1 billion yuan).

Scenario 2: when the annual amount of financing special support funds business is greater than 1 billion yuan, the accrual ratio ② see the table below, the ceiling value of 50%.

Financing special support funds business annual amount (hereinafter referred to as "amount") (unit billion)

   

Accrual ratio ②

   

Remarks

   

The following table shows the ceiling value of 50%.

   

10≤Amount<12

   

20%

   

12≤Amount<20

12≤Amount<20<

   

30%

   

20≤Amount<50

   

40%

   

More than 50

   

50%

   

Capped at 50%

   

Note: Business carried out for less than 12 months of the Note: For years with less than 12 months of business, the above mentioned base of RMB 1 billion shall be adjusted to: (total number of months of actual business conducted in the year/12) x RMB 1 billion; the upper and lower limits of the amount ranges in the above table shall also be calculated on the basis of the ratio of (total number of months of actual business conducted in the year/12).

Huaying Investment shall submit an application to the Commission to collect the business subsidy in the month following the month in which the District Finance Department receives the amount of the last quarterly contribution of the previous year, and the application shall be disbursed by the District Finance Department after the Commission's approval.

Article IX  financing special support funds management follow the "safety first, efficient operation, earmarked, closed operation, recycling" principle.

(a) financing special support funds to implement special account management, closed operation, independent accounting and standardized management, to ensure financial security.

(b) Huaying investment to do a good job of monthly capital use plan, reasonable control of the scale, reported to the District Public Capital Group approved the use of funds to improve the efficiency of capital turnover.

(C) the use of corporate funds, in principle, no more than seven natural days, the commitment of the cooperative bank to dial back on time to ensure the timely return of funds, to achieve recycling.

(d) Financing special support funds can be appropriately tilted according to the direction of government support to promote the successful transformation and upgrading of industry.

(E) financing special support funds can not meet the needs of enterprises at the same time, in principle, should be selected in accordance with the order of application time to support enterprises.

Chapter IV  Cooperative Banks

Article 10  In accordance with the principle of "balance of the loan and enterprise coverage," the principle of fairness, openness and impartiality to select and determine the cooperative banks, give preference to the credit approval authority, the larger the loan balance of the banking institutions. The cooperative banks shall be selected and determined by Huaying Investment according to the actual situation. The cooperative bank is selected by Huaying Investment according to the actual situation and reported to the district public capital group and the district financial department for the record.

Article 11  Cooperative banks shall meet the following conditions:

(a) incorporated in Zhongshan or with branches and have certain credit approval authority;

(b) signed a cooperation agreement with Huaying Investment and voluntarily fulfill the obligations of the agreement and unconditionally assume the responsibility for the full and timely return of the financing of the special support fund;

(c) Have a sound credit management system, loan risk prevention and control ability;

(d) have enough credit line to ensure that the enterprise to provide fast, convenient services;

(e) renew the loan release speed, the longest not more than 7 natural days.

Article 12  Cooperative banks shall undertake the following obligations:

(a) Improve the internal control and risk management system, formulate detailed "special funds to support enterprise financing" business operating procedures, to ensure that the financing of special funds to support the safety of the funds;

(b) Improve internal business processes, and effectively improve the capital turnover;

(c) Improve the internal control and risk management system, and effectively improve the capital turnover of the funds. (b) Improve the internal business process, and effectively enhance the efficiency of capital turnover;

(c) Optimize the internal assessment mechanism, and increase the promotion of special funds for financing;

(d) Designate a person responsible for the management of the special funds for financing, and report to Huaying Investment on a monthly basis the status of the business of special funds to support the financing of enterprises.

Chapter V  Funds Monitoring and Allocation Process

Article 13  Financing special support funds by the District Public Capital Group is responsible for the overall monitoring, the Huaying investment to set up financing special support funds main account. Huaying investment financing special support funds main account and opened in the financing of the cooperative bank special support funds sub-account between the funds pooling, distribution, transfer, by Huaying investment according to the company's internal approval process for approval.

Article 14  Financing special support funds must be used exclusively to provide refinancing working capital for enterprises that meet the conditions of bank loan renewal.

Article 15  Cooperative banks to submit to the Huaying investment in financing special support funds to be used in the enterprise directory and spending plan, Huaying investment in accordance with the actual needs of the business to do a good job of the monthly capital use plan reported to the district public capital group review, Huaying investment in financing special support funds according to the plan to disburse funds from the main account of the project funds. Project balances or idle funds returned to the main account of financing special support funds in a timely manner.

Sixth Chapter  Funds Use Process

Article 16  Enterprises in accordance with the relevant requirements of the bank to renew the loan should be within 30 days before the expiration of the loan to the cooperative bank to apply, fill out the "support for special support funds to support enterprise financing application form" (Attachment 1), "support for special support funds to support enterprise financing enterprise commitment" (Attachment 2) and submit the relevant information. Annex 2) and submit relevant information, specific materials include:

(a) Application Form for Special Support Funds for Supporting Enterprise Financing;

(b) Letter of Commitment for Supporting Enterprises with Special Support Funds for Enterprise Financing;

(c) Copies of business license of the enterprise stamped with the official seal, and a copy of the original loan contract;

(d) Other required information. .

Article 17  Business Process

(a) preliminary examination: the cooperative bank is responsible for reviewing whether the applicant enterprise meets the conditions for refinancing, to determine whether to be refinanced, whether it is in line with the conditions of use of financing special support funds. For enterprises agreeing to transfer loans, the cooperative bank will issue a letter of commitment and sign and stamp on the Application Form for Special Support Funds for Enterprise Financing, together with the relevant materials submitted by the enterprise to Huaying Investment.

(2) Approval: After receiving the materials submitted by the cooperative banks, Huaying Investment will conduct a comprehensive review of the enterprise applications and cooperative banks' opinions in accordance with these measures, and approve the qualified funding applications. After approval, the cooperative bank will notify the applicant enterprise to deposit the fund usage fee in advance.

(C) Transfer: After Huaying Investment completes the approval, it notifies the cooperative bank to transfer the funds into the designated account of the cooperative bank to complete the enterprise loan repayment procedure.

(D) Recovery: After receiving the loan repayment funds, the cooperative bank should transfer the loan repayment funds back to the special account for financing special support funds within 2 working days (in principle, the longest time should not be more than 7 natural days) to complete the process of using the funds.

Huaying Investment collects the fund usage fee from the using enterprises according to the usage time of the financing special support fund.

(E) archiving: after the completion of each business, Huaying investment should be the use of funds, the recovery of the whole process of the formation of information into a book, to keep the file for inspection, and monthly to the Committee Office, the District Public Capital Group to report the use of funds and the recovery of the situation detailed table.

Chapter VII  Funds and charges for the use of the amount

Article 18  Amount: the use of a single financing special support funds should be controlled in the cooperation of the bank's commitment to renew the amount of loans within and not exceeding 100 million yuan, priority to protect the renewal of the amount of 10 million yuan below the loan.

Article 19  Term: The maximum duration of a single fund shall not exceed 7 natural days.

Article 20  Funds use fees and rates: In order to fully improve the financing special support funds for the operational efficiency, financing special support funds for the use of differentiated charges, the use of funds for the first two days of the day before the use of the integrated daily rate1 for 0.1 ‰; more than the first two days part of the integrated daily rate of 0.4 ‰.

The minimum time for the use of financing special support funds is one day. If the use of financing special support funds, renewal of loans, and repayment processes are completed within one day, the fee for the use of funds will be charged on a one-day basis.

During the implementation of this interim measure, if the funds utilization fee charged exceeds the maximum interest rate stipulated in the relevant laws and regulations at that time, it will be executed according to the maximum interest rate stipulated in the relevant laws and regulations.

Article 21  Charging Method and Process. The bank is authorized to collect the fee for the use of funds on behalf of the bank, and the cooperative bank will issue a commitment to reimburse the fee. The operation process of fee collection is as follows:

(a) Pre-deposit fees. Before the allocation of financing special support funds, the enterprise in the settlement account opened by the cooperative bank pre-deposit seven days of capital use fees, and signed with the cooperative bank "entrusted to freeze and deduction authorization", authorizing the cooperative bank in its use of financing special support funds during the period of its pre-deposit of capital use fees frozen.

(ii) Deduction of fees. Within 3 working days after the financing special support funds have been used, the cooperative bank calculates the fund usage fee according to the actual number of days of using the financing special support funds, and deducts the actual usage fee directly from the enterprise's account to the special account for financing special support funds.

1-day composite rate: refer to the 1-year quoted market interest rate (LPR) of 3.65%/360 days = 0.1‰ published by the People's Bank of China on September 20, 2022

Chapter 8  Supervision and Risk Management

Article 22  Establishment of Information Reporting Mechanism. Huaying Investment monthly and quarterly regular statistics business data, summarize the operation of financing special support funds and cooperative bank loan data, to the Committee Office, the District Public Capital Group report. Financing special support funds in the event of risk, should be promptly reported to the Committee, the District Public Capital Group.

Article 23  Establishment of regular audit mechanism. District Public Capital Group commissioned intermediary organizations each year to finance the operation of special support funds and cooperative banks to carry out the loan business, such as auditing, evaluation of the effectiveness of the implementation of the policy, and will report the relevant information to the Committee.

Article 24  Establishment of risk control mechanism. Committee members, Huaying Investment, the cooperative banks may make financing special support funds at risk of the situation should be timely warning, when the cooperative banks receive loan repayment funds, within seven natural days after the loan repayment funds are not transferred back to the financing special support funds account, the cooperative banks should be based on the commitment signed with the Huaying Investment and the "support for enterprise financing special support funds cooperation agreement" to fulfill the commitments of the matter.

Article 25 Establishment of accountability mechanism:

(a) The applicant enterprise must be responsible for the application, commitment, authenticity of the supporting materials, to take the misrepresentation, concealment, fraudulent financing of special support funds, once found, no longer give financing special support funds and other financial support; constitutes a crime, the transfer of the judicial department to be held accountable according to law.

(b) The cooperative bank in the following cases, depending on the severity of the situation to take the qualification of cooperation, legal responsibility and other measures.

1. Cooperative banks and their staff to take advantage of their own information, privately to apply for the use of financing special support funds for enterprises to charge additional fees, or selling financing special support funds for the use of indicators;

2. Cooperative banks and their staff to make false statements, lax examination and checking, violation of the required procedures resulting in the financing of special support funds for the loss of the operation;

3. p> 3. Misappropriation of enterprise financing special support funds for other purposes;

4. Cooperative banks unilaterally cause financing special support funds can not be recovered on schedule, or the cooperative bank failed to return the full amount of financing special support funds.

If the cooperative bank has the behavior of this agreement, in addition to the corresponding measures taken, the cooperative bank should also bear the joint and several liability for the return and replenishment of the financing special support funds.

(3) If the relevant personnel of Huaying Investment abuses their power and neglects their duties in the management and use of the financing special support funds, which leads to the loss of the financing special support funds, they shall be investigated for their relevant responsibilities according to law.

Chapter IX  Other

Article 26  During the policy implementation period, the Committee may apply to the District Management Committee for adjusting the overall scale of the financing special support funds or stop running the financing special support funds project according to the policy changes and market demand. The financing special support fund shall not be transferred out of the special account except for the operation of this financing special support fund and transferring back to the finance department of the district. Due to the financing special support funds scale amount of reduction of financing special support funds out of the special account of Huaying Investment, in principle, the need for the district finance department to send a letter in advance to notify Huaying Investment.

Article 27 This approach has been implemented since the date of issuance, on a trial basis for three years; the interpretation of this approach to Zhongshan Torch Hi-Tech Industrial Development Zone Management Committee all, the specific interpretation of the work by the district finance department, the district public funding group.