Agricultural Development Bank Of China, Xinjiang Bazhou Branch, RMB 8 Billion To Fully Guarantee The Purchase Of Xinmian

Xinjiang Uygur Autonomous Region Bayingolin Mongolian Autonomous Prefecture Branch conscientiously implemented the national and autonomous region cotton target price reform policy, resolutely implemented the superior bank's cotton management regulations and system measures, consistently played the role of the main channel of purchase fund supply, and fully guaranteed the purchase of new cotton. In the face of the changes in cotton production and market situation this year, the Bank planned and arranged in advance, and made various preparations for cotton acquisition in an all-round and multi-level way. At present, 8 billion yuan of purchase funds have been prepared for 25 cotton enterprises to ensure adequate supply, and we are determined to "pay for cotton".

Bayingolin Mongolian Autonomous Prefecture is Xinjiang One of the major cotton producing regions of Bayingolin Mongolian Autonomous Prefecture The cotton purchase loan issued by the branch accounts for about one sixth of the agricultural development bank system in the whole region. It is the top priority of all work to do a good job in the supply and management of purchase funds. According to the statistics of the local agricultural department, the total cotton planting area of Bazhou in 2018 was 4126300 mu, an increase of 75000 mu over the previous year. Including 3.4763 million mu of land and 650000 mu of corps. It is estimated that the total cotton output will be 630000 tons, an increase of 8600 tons over the previous year, including 520000 tons in local areas and 110000 tons in the Corps.

Pay close attention to the word "early", early deployment, early arrangement and early implementation. The cotton of the Corps accounted for nearly one fifth of the local cotton resources in the bank. In the face of the reform of the Corps, the bank sent credit personnel to actively dock with the Second Division of the Corps in March to learn the truth; In April, the Corps Credit Group was established. Currently sent to Yongrui Hengxing Cotton Co., Ltd. of the Second Division of the Corps The three subsidiaries of the Company and Xinjiang Guannong Fruit Antler Group Co., Ltd. (a listed company controlled by the Corps) respectively granted cotton loans of 2 billion yuan and 2.5 billion yuan. Send credit personnel to local cotton enterprises to explain policies, help to sort out data, and conduct comprehensive docking. Up to now, the enterprise has completed all procedures in the whole process of credit granting and qualification recognition at one time, and the credit granting and qualification recognition work is ahead of the regional agricultural development bank system.

　　 Emphasize the word "solid" and implement it in a down-to-earth manner. The bank extended the cotton industry to both cotton planting and textile processing, took exploring new brands of cotton credit under market-oriented conditions as the development direction, focused on the integration of primary, secondary and tertiary industries, and focused on building a leading bank brand supporting the development of the whole cotton industry chain. At present, 25 enterprises supported by the Bank have a total credit line of 9.2 billion yuan for cotton purchase loans, including 5.75 billion yuan of credit line from four state-owned holding group enterprises, namely, Xinjiang Guannong Fruit Antler Group, Xinjiang Lihua Cotton Industry Co., Ltd., Yongrui Hengxing Cotton Industry Co., Ltd. of the Second Division of Xinjiang Production and Construction Corps, and Xinjiang Production and Construction Corps Cotton Hemp Korla Ginning Plant, accounting for 62.49%. Xinjiang Guannong Fruit Antler Group Xinjiang Lihua Cotton Industry Co., Ltd Ltd., Yongrui Hengxing Cotton Industry Co., Ltd. of the Second Division of Xinjiang Production and Construction Corps and other four "four beams and eight pillars" customer groups dominated by state-owned enterprises, supplemented by small private enterprises, have made a major breakthrough in the structural adjustment of cotton loan customers.

Strengthen the word "strict" and strictly control risks. In order to effectively prevent and control risks, the Bank signed the Letter of Responsibility for Target Management of Cotton at all levels, transmitting pressure and implementing responsibilities at all levels. Establish the concept of "compliance is the bottom line, and crossing the line is the risk", and establish a long-term mechanism for compliance management. In accordance with the requirements of "five gateways", "eight links" and "ten bottom lines", strictly implement the supply standard without exceeding the prescribed supply ceiling, ensure the first source of repayment, and require enterprises to balance sales, do not overstock inventory and do not gamble on the market.

In addition, the bank Cotton industry It was organically combined with targeted poverty alleviation to explore the mode of "industry driven poverty alleviation and enterprises driven employment", and in early June, it was linked with the poverty alleviation offices of prefectures and counties in advance, requiring the supported enterprises to participate in the paired poverty alleviation work. At the same time, we will increase the preference and support for enterprise credit policies, and give preferential measures to enterprises participating in poverty alleviation to reduce the guarantee rate by 5%. At present, 25 enterprises have all participated in the poverty alleviation work. It is estimated that 120 registered poor people will be driven by the cotton industry this year. The enterprises will also provide 300000 yuan of assistance funds to solve the problems of school attendance, basic living expenses and housing conditions for the children of the poor, and strive to increase their income and lift them out of poverty by 2020.