SinoDaan(SZ:300635)2022-12-03 09:04Group 1: Financing Situation - The company's current financing situation is not optimistic, with significant challenges in obtaining funds [2] - Key issues include long approval times for financing applications, which can disrupt normal business operations [3] - The conditions for financing are numerous, often requiring guarantees or collateral from the company or its stakeholders [3] - The financing limits are low, which may not meet the company's substantial funding needs for specific projects [3] - The interest rates for loans are relatively high, increasing the company's overall costs [3] Group 2: Changes in Financing Channels - Following recent policies, the company has not identified any new financing channels or methods, continuing to rely primarily on bank credit [3] Group 3: Discrepancies in Policy Implementation - Although the company is a listed entity and generally has better financing conditions than smaller enterprises, challenges remain in securing loans [4] - Banks often perceive that the company does not urgently need funds, leading to extended loan approval times or reduced loan amounts [4] - Additional conditions imposed by banks include requirements for salary payments to be processed through their institutions [4] Group 4: Recommendations for Improvement - Suggestions for improving the financing situation include expediting approval processes for low-risk companies to avoid business disruptions [4] - Banks should consider direct credit granting for companies assessed as low-risk to alleviate financial pressure and enhance cooperation [4] - The new policies aim to reduce financing costs; banks could lower interest rates based on individual company circumstances [4] - Personalized services from banks could be beneficial, aligning loan amounts with the company's future development plans to reduce costs for both parties [4]