Source | Urban Live Original
May not be reproduced without permission
The government has a supporting financing policy
It's not so easy to borrow money
Jiangxi Hongxin Agricultural Development Co., Ltd
is a company engaged in
Enterprises in the business of laying hen breeding and egg sales
Liu Ping, the person in charge of the company, said
I ran into such a problem
Liu Ping, head of Jiangxi Hongxin Agricultural Development Co., Ltd.: Shangli County is now the largest breeder of chickens, laying hens, I belong to the first, the stock is now 110,000, and the sales volume is about 26 million last year.
Liu Ping said that the development momentum of the enterprise is good, and he plans to buy new equipment and feed, build a new plant, and further expand the scale of production. According to his own lack of funds and other actual conditions, he chose to apply for a loan from the local rural commercial bank, but the progress was not smooth.
Liu Ping, head of Jiangxi Hongxin Agricultural Development Co., Ltd.: It took me nearly half a year to fill out the form last year, because he was going to hold a team meeting to seal it, and the team meeting was to convene team members.
Liu Ping said that after several efforts, he stamped the official seal of the government department twice, and applied for the "Cai Nong Credit Connect" loan from Shangli Rural Commercial Bank twice in 2022 and 2023, with a limit of 1.5 million and 3 million respectively.
Liu Ping, the person in charge of Jiangxi Hongxin Agricultural Development Co., Ltd.: Now the government's procedures have been completed, and now the bank is taking a loan, and the bank is more recognized by my enterprise, but because the government and the bank have not dealt with some compensation problems, the bank has not lent money. It is equivalent to the fact that the county government's compensation and security deposit have not been paid to the bank's account, so the bank cannot lend.
The urban on-site reporter learned that Liu Ping's application for Shangli County's "Finance and Agriculture Credit Pass" is an innovative model of financial support for agriculture implemented by our province in order to solve the problems of difficult and expensive loans for agricultural business entities. To put it simply, this model is to establish a risk compensation fund with financial funds, and the cooperative bank provides unsecured, unsecured, low-cost, simple and fast loans to the new agricultural business entities, and when there are non-performing loans, they will be compensated from the financial risk compensation fund according to the agreed procedures and proportions. At present, the risk compensation funds are raised by Jiangxi Agricultural Credit Financing Guarantee Co., Ltd., districted cities, and counties (cities and districts) respectively in the ratio of 5:2:3 and deposited into the risk compensation account of the cooperative bank.
According to Liu Ping, Shangli Rural Commercial Bank rejected his loan application mainly because the local government did not arrange for funds to be deposited into the "Cai Nong Credit Connect" risk compensation account.
Liu Ping, head of Jiangxi Hongxin Agricultural Development Co., Ltd.: As far as I know, the Rural Commercial Bank has not done this project in the past three years. It's always been a matter of subrogation, and it's stuck here. I also invested more than 16 million here, if I can't get a loan, there are some smaller or medium-sized enterprises below, it is even more hopeless. Because it is a government-guaranteed project, the government has to repay some of the non-performing loans that have not been repaid before, and the government will also be liable for some non-performing loans.
In this case, in order to raise funds as soon as possible, Liu Ping also applied for the "Cainong Credit Connect" from other banks, but the results were not satisfactory.
Liu Ping, person in charge of Jiangxi Hongxin Agricultural Development Co., Ltd.: I went to the Bank of Ganzhou, and the Agricultural Bank of China went, but they didn't accept it. They didn't mean to do it, and the government didn't do it to guarantee the loans for agriculture in this area. There's no way I'm going to hang myself from a tree, am I? I'm sure I've gone somewhere else to no avail. Then the postal bank had its own agricultural loans, not the government.
In order to apply for the "Finance and Agriculture Credit Connect" as soon as possible, Liu Ping has also repeatedly approached county leaders and relevant local government departments.
Liu Ping, person in charge of Jiangxi Hongxin Agricultural Development Co., Ltd.: I have been to the county government four or five times for this issue of compensation. I found the relevant county magistrates, including the county magistrate Wu who is in charge of agriculture, including our secretary, our township secretary, the county secretary, and the secretary of the agricultural bureau, but it has not been implemented, and it has been several years.
Liu Ping said that he has encountered many difficulties since he started raising 6,000 laying hens, but he has never been as helpless as now.
Liu Ping, person in charge of Jiangxi Hongxin Agricultural Development Co., Ltd.: It is very chilling that I have spent ten years in agriculture, and I have not enjoyed a little bit of government policy. We all have to share the responsibilities that we should bear as individuals, enterprises, and the government. To use an analogy, now that I have vouched for others, others have not paid it, and I will pay it back if I am bankrupt, and I hope that the government will also have its responsibility.
In order to further understand the situation, the reporter of the urban channel contacted Chen Jinping, the relevant person in charge of Shangli Rural Commercial Bank, by phone as a family member. The other party said that there was nothing wrong with the loan qualification of the company operated by Liu Ping, and he also recognized the overall operation of the company. Liu Ping's application for the "Cainong Credit Connect" loan was rejected for a number of reasons.
Chen Jinping said that due to the failure of individual agricultural business entities to repay the loan in time after applying for the "Cainong Credit Connect", the bank's risk control has been tightened, and the local government has not paid the compensation into the bank's designated account for a long time, so their bank has suspended the application of the "Cainong Credit Pass" for new enterprises.
Urban Reporter: Let me ask if the government compensates for how much it costs, so that we can lend normally?
Pingxiang Shangli Rural Commercial Bank. Chen Jinping: No, it hasn't compensated for many years, you know?
Urban Reporter: If we were supposed to pay a little bit every year, wouldn't we?
Chen Jinping, the relevant person in charge of Shangli Rural Commercial Bank in Pingxiang City: Well, there will be no such problem, and the government has not fulfilled its guarantee responsibility for a long time.
According to the current policy, the risk compensation funds of Jiangxi Province's "Finance and Agriculture Credit Pass" are raised by Jiangxi Agricultural Credit Financing Guarantee Co., Ltd., districted cities and counties (cities and districts) in a ratio of 5:2:3 respectively, and deposited into the risk compensation account of the cooperative bank. So, did these three parties deposit the risk compensation into the relevant designated account of Shangli Rural Commercial Bank?
Mr. He, General Manager of Pingxiang Branch of Jiangxi Agricultural Credit Financing Guarantee Co., Ltd.: Rural Commercial Bank has risk compensation with him.
Metropolitan Reporter: It's now saying that the local government didn't pay.
Mr. He, General Manager of Pingxiang Branch of Jiangxi Agricultural Credit Financing Guarantee Co., Ltd.: It may be that the local government has not made up for it, and our provincial and municipal governments should have money in place.
Jiangxi Provincial Agricultural Credit Financing Guarantee Co., Ltd. Guarantee Business Department Staff: I can only find the provincial and municipal levels, because it is like this, that is, the provincial and municipal accounts are opened with us, and we can manage them.
Urban on-site reporter: Then our provincial and municipal levels are all received?
Jiangxi Agricultural Credit Financing Guarantee Co., Ltd. Guarantee Business Department Staff: That's absolute.
The staff of Jiangxi Provincial Agricultural Credit Financing Guarantee Co., Ltd. said that whether the county-level risk compensation is deposited into the designated account requires the reporter to consult the local government department. Subsequently, the reporter first came to the Shangli County Agriculture and Rural Bureau, and the staff here said that the reporter still needs to consult the financial department on this matter.
Staff of Shangli County Agriculture and Rural Bureau, Pingxiang City: We don't have this authority, and the county has no matching funds to make up for it.
Urban Reporter: So you still look at finance?
Staff of Shangli County Agriculture and Rural Bureau, Pingxiang City: Yes, we have already handed over the materials to the financial side.
In this regard, the Shangli County Finance Bureau said that they could not give an accurate reply to the compensation.
Staff of the Agricultural Unit of the Finance Bureau of Shangli County, Pingxiang City: We may not be able to answer you about this, because the leader did not explicitly say that he would repay those bad loans.
Urban Reporter: It's just that there hasn't been any progress yet, right?
Staff of the Agricultural Unit of the Finance Bureau of Shangli County, Pingxiang City: Well, yes. There is no specific statement, and the leader does not specifically make this instruction.
Urban Reporter: So do you have to wait?
Staff of the Agricultural Unit of the Finance Bureau of Shangli County, Pingxiang City: Well, yes.
Shangli, Pingxiang, Jiangxi: Implement the compensation mechanism of "Cainongxin Credit" to assist enterprises in solving financing problems
After the Jiangxi Radio and Television Station Urban Channel's "Urban Scene" column reported on the matter, the reporter learned from the Finance Bureau of Shangli County, Pingxiang City, that since the launch of the "Finance and Agriculture Credit Pass", Shangli County has cooperated with five banks, namely the Rural Commercial Bank, the Postal Bank, the Bank of Ganzhou, the Agricultural Bank of China, and the Industrial and Commercial Bank of China, with a total of 3,329 loans.
Jiang Lin, deputy director of the Finance Bureau of Shangli County, Pingxiang City: Since the implementation of the financial and agricultural credit policy, our county has issued a total of 630 million yuan in loans. In 2023, the "Finance and Agriculture Credit Connect" will issue 27.23 million yuan to 29 agriculture-related enterprises.
According to the relevant person in charge of the Shangli County Finance Bureau, since the local launch of the "Finance and Agriculture Credit Pass" business, some agricultural enterprises have indeed been unable to repay loans due to poor management and other reasons. At present, the relevant departments of Shangli County are implementing the substitution mechanism for non-performing loans in accordance with policy requirements.
Jiang Lin, deputy director of the Finance Bureau of Shangli County, Pingxiang City: At present, there are 8 enterprises with non-performing loans in our county, and 7 are in Shangli Rural Commercial Bank. On the issue of substitution, according to the relevant policy requirements, the bank needs to file a lawsuit, according to the provisions of the implementation of property preservation, after the judgment takes effect, the bank issued a "compensation application" submitted to the leading group of finance and agriculture credit, at present, our county "finance and agriculture credit" compensation is being handled in accordance with the process, after the relevant procedures are perfected, our bureau will be compensated according to the procedure.
In response to Hongxin Agricultural Development Co., Ltd. previously said in an interview with reporters that Shangli Rural Commercial Bank applied for a "financial and agricultural credit" loan twice, because the compensation was not in place and did not pass, Shangli County said that they had taken the initiative to contact the parties to understand the financial difficulties of the company's expansion, and actively assisted the enterprise in financing.
Jiang Lin, deputy director of the Finance Bureau of Shangli County, Pingxiang City: Help coordinate the enterprise to communicate with the Agricultural Bank of China and the Industrial and Commercial Bank of China to help the enterprise solve the financing problems, and after the bank reviews it, it will be released according to the actual situation of the enterprise.
Shangli, Pingxiang, Jiangxi: Improve the "Finance and Agriculture Credit Connect" loan joint review system to break the financing blockage of agricultural business entities
Regarding the problem that some agricultural business entities could not obtain policy support in a timely manner during the implementation of the "Finance and Agriculture Credit Pass" in Shangli County, the relevant person in charge of the Shangli County Government said that in the next step, they will organize relevant responsible departments and banks and other financial institutions to sort out the compensation problem of the "Finance and Agriculture Credit Pass".
Wu Jufang, deputy county magistrate of Shangli County People's Government, Pingxiang City: Break through the communication barriers and information barriers between the government and banks, effectively solve the pain points, blockages and difficulties of the "Financial Benefiting Farmers Credit Connect", and further improve the "Financial Benefiting Farmers Credit Connect" loan joint review system to ensure that the business entities that need to have qualifications can equally enjoy the government's support policies.