Core Viewpoint - The "Quality Credit Enhancement" financing model in Chengdu, Sichuan, transforms companies' quality management and innovation achievements into tangible financial assets, facilitating easier access to loans for small and medium-sized enterprises (SMEs) without collateral [1][2][3] Group 1: Financing Model - The "Quality Credit Enhancement" model was developed by the market supervision department in Chengdu, allowing companies to convert their quality attributes into bank credit, thus addressing the financing challenges faced by tech-driven SMEs [2][3] - This model quantifies 40 quality factors, including quality credit, management, branding, and innovation, which can be integrated into existing bank credit products, enhancing loan amounts and reducing interest rates [1][2] Group 2: Impact on Companies - Chengdu Xinghuiteng Group successfully secured a loan of 10 million yuan with doubled credit limits and a reduced interest rate of 0.6 percentage points, enabling the company to pursue larger orders and invest in innovation [1] - Chengdu Meifute Membrane Environmental Technology Co., Ltd. increased its loan amount from an estimated 10 million yuan to 15 million yuan due to the quality factors, allowing for the initiation of key R&D projects and new production lines [2] Group 3: Results and Future Plans - As of July, the model has facilitated over 160 loans totaling 1.127 billion yuan, significantly supporting the high-quality development of enterprises in the region [3] - Future plans include expanding the model's reach by integrating quality credit data into financial institutions and creating a standardized manual for broader implementation [3]

Core Insights - The article highlights the innovative "Quality Credit+" financing model introduced by the Jintang County Market Supervision Administration to address the financing difficulties faced by small and medium-sized enterprises (SMEs) [1][5][10] Group 1: Financing Challenges for SMEs - SMEs often struggle with financing due to their small scale and lack of collateral, which limits their growth potential [1] - Sichuan Xinghuiteng Group, a high-tech and specialized SME, faced a funding gap of approximately 10 million yuan due to previous collateralization of assets [2][5] Group 2: Implementation of the "Quality Credit+" Model - The "Quality Credit+" model allows SMEs to use their quality management, brand value, and innovation capabilities as key factors for bank financing, thus enhancing their creditworthiness [5][10] - The model incorporates 40 quality assessment indicators, enabling banks to evaluate the "invisible assets" of enterprises more accurately [10] Group 3: Impact and Results - Xinghuiteng successfully secured a loan of 10 million yuan, which was higher than their initial expectation of 5 million yuan, and at a reduced interest rate [5] - The financing is expected to accelerate the development of new products, potentially increasing sales revenue by around 30 million yuan [5] - As of July 2025, nine financial institutions involved in the pilot program have issued over 160 loans totaling approximately 1.127 billion yuan, addressing the financing challenges faced by SMEs [10]