On October 10, with the approval of the head office of the People's Bank of China, China Heavy Duty Automotive Group Co., Ltd. successfully issued RMB 1 billion yuan in short-term financing bills for the first time in the interbank bond market. This is the first corporate short-term financing bill issued in Shandong Province since the People's Bank of China implemented the “Measures for the Management of Short-term Financing Bills†in May this year. It is also the first domestic automaker to issue short-term financing bills. The issuance of financing bonds was underwritten by CITIC Industrial Bank.
Introducing short-term financing bills in the inter-bank bond market is a major breakthrough in China's financing and is an important measure for the construction of financial markets. The bank asked the market to issue short-term financing bills to expand the direct financing channels of the company. It is of great significance to change the imbalance between direct financing and intermediacy financing, clear the monetary and political transmission mechanism, prevent excessive growth of broad money supply, promote the coordinated development of the money market and the funding market, and maintain overall financial stability. In addition, the interest rate of short-term financing bills is much lower than that of commercial banks, which can save considerable debt for the issuing companies.
The “Measures for the Management of Short-term Financing Voucher†mainly includes six aspects: First, it is clear that the People’s Bank shall supervise and administer the issuance and transaction of financing vouchers according to law; Second, it shall be clarified that the financing vouchers shall be issued only to institutional investors in the inter-bank bond market, and shall not be issued to the general public. The third is the provision of financing vouchers for record-issuing methods, the fourth is to regulate the issue size of financing vouchers to implement balance management, the deadline for the implementation of the upper limit of management, the issuance of interest rates is not regulated; Fifth, the stipulated that the issuer should conduct credit rating, apply for CPA audit. The lawyer should be invited to issue a legal opinion; the sixth is to clarify the information disclosure specifications of the r issuer. Therefore, the People's Bank of China has strict requirements for issuing financing book companies. Must have a good business ambition, we must achieve AAA moderate integrity corporate review. China National Heavy Duty Truck undergoes rigorous review. It was eventually listed as the first issue of financing book company.
After implementing the reform and reorganization in 2001, CNHTC adhered to the implementation of four strategies: leading technology, regionalization, high quality and low cost, and internationalization. Production and sales volume increased at a high rate of over 70% per year. Wells have become the fastest growing in the global heavy truck industry. , the most competitive and growing company. This year, in the situation of the domestic heavy-duty truck market declining drastically, China National Heavy Duty Trucks went against the market. From January to September, 35,126 cars were produced and sold, and profits and taxes reached 1.136 billion yuan, and the market share increased by 4.6 percentage points.
Adhere to technological leadership, speed up product development, so that China National Heavy Duty Truck currently has more than 760 types of various types of vehicles, forming the most complete domestic truck product line spectrum. The new-generation HOWO series models developed by the company and representing the advanced level of domestic heavy-duty vehicles were put on the market earlier this year and had already accounted for more than 50% of all orders. China National Heavy Duty Truck has achieved two days of patents and the total number of patents has reached 553. The project has become the most patented enterprise in the national automobile industry; the total investment in technological transformation exceeds 4 billion yuan, and the upgrading and transformation of the state-level technology center has been carried out in an all-round way. The manufacturing capacity and technological level lF have been in line with the international advanced level, and the vehicle quality assessment has reached international standards.
China National Heavy Duty Trucks took the lead in the nation's heavy-duty truck industry and established the first-line computer management system for intelligent control of production logistics and vehicle sales and spare parts services. The company has a comprehensive quality assurance system and advanced production equipment to ensure high-quality products. More than 600 dealers. More than 760 maintenance service stations and 100 4S stores ensure the timeliness and effectiveness of the “relatives†service, making Sinotruck a synonym for caring.
China National Heavy Duty Truck not only has a great reputation in the country, but also has attracted foreign well-known auto companies. China National Heavy Duty Truck Group has now achieved overseas CKD production and won the largest single order in the history of China's heavy truck exports. It is predicted that the total number of vehicles produced this year will exceed 100 million U.S. dollars. In August, Hong Kong Merchants signed a US$2.8 economic and trade agreement with foreign investors, and China National Heavy Duty Truck brand valued at 2.939 billion yuan. The "China's 500 Most Valuable Brands" list has just been released by the World Brand Laboratory Organizations.... China Heavy-duty gas products are moving from domestic to international arena.
While accelerating its development, China National Heavy Duty Truck Corporation strives to build the image of CCTV. As of June 2005, China National Heavy Duty Truck has paid off the 2.7 billion outstanding debts it has already repaid. In the introduction of the Steyr project, the remaining foreign government loans, technology introduction fees, and exchange rate differentials amounted to 1.77 billion yuan. China National Heavy Duty Truck Co., Ltd. kept its promise and paid off all this year, which was highly appreciated by Man Steyr. Carry out "100-car boutique activities" to build quality products with quality products, contributing to the society with quality products, and deepening the connotation of loved ones' services, so that the image of Chengxin Heavy Duty Truck will become increasingly full. After receiving the first-class AAA grade in Jinan City's corporate reputation evaluation in August this year, China National Heavy Duty Truck Group won the first place in the "Chinese Automobile Market Survey 2004-2005 High Reputation, Good Reputation, and High Quality Heavy Vehicle" award in September.
China National Heavy Duty Truck Corporation will use the 1 billion yuan of bonds issued to supplement corporate liquidity and strengthen the construction of market networks and supporting systems.
China National Heavy Duty Truck official said that China National Heavy Duty Truck was approved and successfully issued 1 billion short-term financing bills, which provided strong financial support for the rapid development of China National Heavy Duty Truck. It also showed that China National Heavy Duty Truck's development and operation quality, comprehensive economic benefits People's Bank of China and all sectors of society recognized. China National Heavy Duty Truck will take this opportunity to further improve the management level with financial management as the core, increase market development efforts, and accelerate the development, while building a good faith heavy truck, with a good return on the community.
View related topics: China National Heavy Duty Truck Breaks Monthly Sales Record for National Heavy Truck Industry
Affected by the epidemic, "New Coronavirus is afraid of alcohol intolerance to high temperature" topic on the hot search. Recently, some experts pointed out that 75% alcohol (ethanol) can effectively kill the virus. For a time, alcohol has become a best-selling product second only to masks. People rush to buy medical alcohol and disinfect themselves at home. However, high concentration alcohol is a flammable liquid. Improper use and storage can easily lead to fire and even other hazards! Our latest nano spray disinfectant gun is equipped with UV UV disinfectant. It can also disinfect liquid and disinfect wine in bottles.
Disinfect Nano Sprayer Gun
Advantage:
1.Portable spray gun,Two gear designs,switching with one click
2.Nano atomized spraying complete disinfection and sterilization
3. Hand-held High-tech sterilization disinfectant Nano Spray Gun
4. It can sterilize everywhere thoroughly by spraying disinfectant.
5. Nano Injection and spray cover within 1.5 meters effectively.
6. it can spray surface of human, fabric and Home appliance
7. To disinfect and sterilize efficiently,Purify environment thoroughly.
8. Multi-purpose: Spray disinfectant, Humidifier,diffuser,hydration machine.
Disinfection Gun,Air Fryer,Electric Cooker,Multi Cooker
Shenzhen Ewong Technology CO.LTD , https://www.ewongteches.com