Under the market environment of Shenzhen 32 LED companies expect loans

32 companies attended yesterday (7.19) by the Shenzhen Municipal Federation of industry LED and Minsheng Bank held mutual fund forum, the 90% companies look forward to obtaining funds through new loans. Field survey found that 80% companies plan to use the loan for technology research and development; at least 70% of the participating companies want to apply for a loan of RMB 2 million 500 thousand yuan (the same below).

It is understood that the Shenzhen LED Industry Association to explore the establishment of the "LED Small and micro businesses mutual fund and Minsheng Bank Shenzhen branch China, for the first time in the industry in the mutual fund to provide loans to enterprises through mode.

Cao Yong, director of the Federation of financial services, LED Federation of the existing more than and 600 members of the enterprise, there are already signed up to participate in the forum, the final scene of the business of 32 companies in. In accordance with the joint venture and Minsheng Bank to determine the size of the fund, the fund plans to set up more than 50 enterprises, the total fund of more than $10 million, the average of each enterprise will be less than $200 thousand into the fund pool. According to the Federation and Minsheng Bank's plan, I hope the first phase of the fund can be successfully established in the third quarter of this year.

Forum on the site of the questionnaire shows that the loan program clearly stated 90%. A company to apply for loans, said mutual fund loans are much higher than the amount of small loan companies, and the annual interest rate of 10% is much lower than the small loan companies generally annual interest rate of 30%.

Minsheng Bank, the proportion of corporate loans will be limited, of which more than 2 million 500 thousand yuan of large loans will be controlled in accordance with a certain proportion.

As can be seen from the data, at least 70% companies have the intention to apply for more than $2 million 500 thousand loan. Obviously, the mutual fund large loans will face the situation.

Minsheng Bank official explained that this ratio can be adjusted according to the overall situation of the participating fund companies, such as the strength of more enterprises, the proportion of large loans may increase.

In providing more options in survey, 45% of companies planning to apply for loans to alleviate liquidity pressure, 20% of the enterprises for transformation, 80% of the enterprises for technology research and development, 55% of the enterprises to expand the scale of production. It is not difficult to see that the development of technology has become the purpose of the vast majority of corporate loans.

It is understood that the fund for a short period of two years, the Federation and Minsheng Bank will determine the specific time after the establishment of the fund 50 companies. In order to ensure that corporate loans do not flow into the field of private loans, to ensure that the funds for the development of the LED industry, Minsheng Bank said it would strengthen the business cash flow monitoring, regular visits to enterprises to understand the business situation.