For environmental protection enterprises: furnace bi sub-branch supports the development of Kaili Xintai melting co., ltd.

Guizhou Kaili Rural Commercial Bank Lurbi Sub-branch is located in the Industrial Park of Lurbi Economic Development Zone, Kaili City. It actively supports the local "three rural" economic development and provides high-quality financial services for enterprises in the park. Since its entry in 2013, Lupi Branch has provided credit fund support to all enterprise customers, individual industrial and commercial households and surrounding farmers in the park. Among them, Kaili Xintai Melting Co., Ltd. (hereinafter referred to as "Xintai Company") has overcome difficulties and developed with the help of Lupi Branch, becoming a high-quality customer of the branch and a model for the development of small and micro enterprises in the park.

Xintai Company was established in December 2003. It is a key enterprise for Kaili Municipal Government to attract investment and a key protection unit listed in Qiandongnan Prefecture. Its main products are calcium aluminate powder for water treatment agents (referred to as calcium aluminate powder and bauxite powder). It is a necessary raw material for polyaluminum chloride and is widely used in drinking water, industrial water and sewage treatment. With the strengthening of the national environmental protection policy, the company ushered in the development opportunity. After several twists and turns, on March 26, 2012, the company signed the investment agreement on relocation and capacity expansion of 200000 tons of calcium aluminate powder with the Kaili municipal government, which has opened a new chapter in the development of the enterprise.

Visit the person in charge of Xintai melt (left)

Hope is ahead, everything is about to get on track, this should be a happy thing, but the person in charge of Xintai company is very sad. Due to the huge amount of relocation and reconstruction projects in the early stage, a large amount of the company's funds are invested in the construction of fixed assets, leaving only insignificant funds to maintain the operation of the enterprise. In order to solve the problem of capital demand, the person in charge of the enterprise tried to apply for loans from the four major banks and the local bank of Kaili, but they were repeatedly rejected because the threshold was too high.

One day in September 2013, Lupi Sub-branch of Guizhou Kaili Agricultural Commercial Bank set up a stall in Lupi Industrial Park to carry out business publicity. With the mood of giving it a try, Zhu Zongxing, deputy general manager of Xintai Company, came to consult the loan business. He said frankly to the staff: "The factory area of our enterprise has been basically completed, but due to the excessive investment in the early stage, there is a lack of funds to purchase the necessary equipment and build the remaining part of the factory building. I hope your bank will give some support so that the enterprise can put into production as soon as possible." In order to let Lupi Sub-branch have a deeper understanding of the difficulties of the enterprise, Vice President Zhu made a prompt decision and invited the customer manager of the sub-branch to Xintai Company to conduct an on-site investigation and gave a detailed explanation of the company's construction.

Finished Goods Warehouse

With the deepening of the understanding of Xintai Company by Lupi Sub-branch, it believed that the company would have a better development prospect under the national policy trend, so it started a series of loan approval processes in time and successfully issued a three-year fixed asset loan for the company on October 30, 2013, with an amount of 10 million yuan, for the purchase of equipment and plant construction. Xintai Company finally put down the big stone in its heart, enthusiastically invested in the construction of the enterprise, and successfully put into production in May 2014. Vice President Zhu sighed and said: "You are really a solid backing for the development of small businesses. With Kaili Rural Commercial Bank here, we feel very secure."

In this way, with the help of Lupi Sub-branch, Xintai Company embarked on the road of vigorous development. First, it used 150 mu of land sold by the state to build a pre-decomposition rotary kiln production line outside the Φ 2.8 × 50m kiln, with an annual production capacity of 200000 tons of calcium aluminate powder, double the production capacity of the old production line. Then 14 environmental protection facilities were put into construction to effectively control the recovery of dust particles, the basic realization of dust is not discharged. With the operating efficiency gradually highlighted, Xintai company every quarter on time to settle the loan interest, every time the loan is due to take the initiative to raise funds in advance, in order to be able to pay off all the principal at one time, the enterprise has a good reputation.

At the end of 2016, it was the peak sales season. The large volume of product orders, the increase in employee wages and the demand for raw materials caused Xintai Company to have a liquidity gap again, and the company's management immediately thought of the Lupi Sub-branch. Through the verification of the actual situation of the enterprise and the consideration of maximizing the interests of the customers, the branch of Lupi Sub-branch once again put a three-year maximum mortgage working capital loan to Xintai Company, with a single amount of 13 million yuan for capital turnover.

With the activation of the capital chain, Xintai's corporate profits are growing rapidly, and the requirements of the person in charge of the product are getting higher and higher. In order to achieve product transformation and scale expansion, the second phase of Xintai's polyaluminum chloride production line was basically completed in June 2017 and is currently undergoing trial operation, which will realize the production and sales of polyaluminum chloride finished products. At the same time, the company's third-phase production line is also under construction and is ready to be officially put into production at the end of August this year.

Looking at the development of the enterprise, Xintai Company has been supported by the credit of Lupi Sub-branch for three years, and its performance has increased year after year: it made a profit at the beginning of production in 2014, with various revenues reaching 42.7985 million yuan and net profit 682100 yuan; in 2015, various revenues reached 60.1125 million yuan, realizing a net profit of 1.6281 million yuan; in 2016, various revenues reached 87.2863 million yuan, realizing a net profit of 6.3388 million yuan. In June 2017, business income of 41.2153 million yuan and net profit of 2.741 million yuan have been realized in half a year. These booming data reflect not only the growth of enterprise value, but also the confidence of Lupi branch and various park enterprises in the future development.

Guizhou Kaili Rural Commercial Bank will, as always, adhere to its market positioning, vigorously support "agriculture, rural areas and farmers", support small and micro enterprises, support communities, and provide convenient, flexible and fast financial services for customers in the Luri Economic Development Zone, so that the economy of the park will become more and more active and the development of the region will become more and more prosperous.