following the national policymaking, the international union construction group deploys the debt investment plan, with debt reduction financing (drf) asset management plan as the core, gives high priority to supporting large state-owned enterprises and listed companies by actively guiding high-quality capital, and invests in financing enterprises in the form of debt investment. the international union construction group focuses on the solution for high debt ratio, difficult financing and high cost of enterprises, effectively reducing the scale of enterprises' liabilities, enhancing the liquidity, improving the high risk-resisting ability, and ensuring the sustainable and stable development of large state-owned enterprises and listed companies. up to now, the international union construction group has successfully helped hundreds of well-known domestic enterprises obtain debt investment support, with an accumulated investment amount of more than 10 billion yuan, which has been highly recognized by the government, enterprises and society.
in order to solve the problems of high debt ratio, difficult financing, expensive financing of large state-owned enterprises and listed companies, and increase capital liquidity and ensure the sustainable and stable development of enterprises, the international union construction group has launched a debt reduction financing asset management plan (drf) for large state-owned enterprises and listed companies to ease the debt pressure of enterprises under the current situation.
the drf asset management plan tailor-made a series of financing schemes with debt reduction effect for the long-term business development of large state-owned enterprises and listed companies according to their operation conditions. the asset management plan raises medium - and long-term funds needed for the development of enterprises through the international financial market, helps large state-owned enterprises and listed companies to enter the international market where the cost of capital is more favorable, expands the channels for enterprises to obtain low-cost funds, and finally achieves the effect of reducing the debt ratio.
the implementation plan of drf asset management mainly includes six financing modes: joint factoring, joint leasing, capital increase and share expansion, debt equity swap, spv project financing and reits real estate investment trusts. in order to further improve the profitability of enterprises applying for financing and enhance the solvency of enterprises, from the perspective of risk control, enterprises applying for financing should choose at least two modes to participate in the declaration, one of which can be used as repayment guarantee.
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joint factoring
it mainly refers to the commercial factoring business based on accounts receivable jointly carried out in the mainland, hong kong and macao and the regions where the supply chain subsidiaries are located and in which enterprises with financing needs transfer the unexpired receivables formed by credit sales to the factoring company to obtain low-cost liquidity support. financing enterprises can use the available working capital to repay debts to reduce the asset-liability ratio.this joint factoring scheme mainly includes the following three financing methods, namely fund factoring, trs factoring and supply chain factoring.
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joint leasing
it refers to the joint leasing business jointly carried out in mainland china, hong kong and macao. the finance enterprise provides the lease item to finance the low cost working capital to the leasing company. the finance enterprise pays the interest on a regular basis and pays the principal at the end of the lease term. financing enterprises can use the available working capital to repay debts to reduce the asset-liability ratio.the joint leasing scheme mainly includes the following two financing methods, namely joint leasing (mainland) and joint leasing (hong kong and macao).
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capital increase and share expansion
refers to the investor as a new shareholder investment into the enterprise, thereby increasing the capital of the enterprise. for financing enterprises, it means to increase the registered capital of enterprises by introducing investors as new shareholders, so as to achieve the purpose of financing without increasing liabilities.
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debt-equity swap
it is mainly through the transformation of the legitimate creditor's rights enjoyed by the creditor to the financing enterprise (debtor) into the equity of the financing enterprise, so as to increase the registered capital of the financing enterprise, realize the financing and reduce the debt.
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spv project financing
it refers to the spv project company jointly established by investors and financing enterprises, and through the spv project company to invest in the designated project. through this scheme, financing enterprises can realize low-cost financing without increasing liabilities, and reduce the asset-liability ratio under the condition of project profits.
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reits
reits, the full name of real estate investment trust fund in chinese is an asset management plan. the plan is a way to collect the funds of most investors by applying for listing and public offering of fund shares, and to set up special purpose investment vehicles for controlling shareholders in the form of trust funds to hold full ownership or franchise of real estate, and to conduct real estate investment and management through specialized investment institutions, which shall be determined by the fund management company which allocates the comprehensive income of an investment to investors in proportion.