the year 2022 is an important year for deepening reform and innovation in the capital market and stabilizing the overall macroeconomic market. in the face of the new situation and new goals, the financial industry needs to give full play to its regulatory role and better guide the flow of financial resources so as to make steady progress. in this process, it has become an important task for the financial industry to promote high-quality economic development to construct a multi-level, diversified and multi-channel financing system according to the financing needs of different enterprises and effectively prevent financial risks.
in view of the financing demands of enterprises in the new stage of development, icg is committed to providing more comprehensive and scientific financing solutions for state-owned enterprises and listed companies. by providing low-cost financing and solving corporate debt crisis, icg has explored a characteristic path to support the development of real economy. aaron wang, president of icg, once said in an interview with the media that icg, as a state-owned joint-stock investment group, always adheres to the mission of "taking national construction as its own responsibility", constantly improves the quality of financial services, continuously deepens the development concept of serving the real economy, and constantly explores new modes of debt relief for state-owned enterprises. we will fully support the orderly implementation of the national financial investment strategy.
in order to effectively solve the debt pressure and financial problems of different degrees of enterprises, icg takes debt reduction financing (drf) asset management plan as the core, develops personalized financing plans according to the different characteristics of enterprises, and invests in financing enterprises in the form of creditor's rights, focusing on solving the dual dilemma of debt and financing. countries build drf could provide enterprises with joint factoring, joint tenancy, increase endowment spread, debts into shares, spv project financing and reits six kinds of financing, real estate investment trust funds through precise shice help enterprise financing bail-out, forming the reasonable structure of assets and liabilities, in order to resolve the stock of debt, improve the capital complement, so as to achieve the dual effect of burden and financing, we should strike a dynamic balance between preventing risks and ensuring steady development of the real economy.
among the six financing modes of state construction drf asset management, joint factoring and joint leasing can help enterprises obtain liquidity funds to repay debts, thus reducing the asset-liability ratio. in addition, financing enterprises can participate in capital increase and share expansion or spv project financing programs to achieve financing objectives without increasing liabilities, and to reduce the asset-liability ratio when the spv project is profitable. enterprises can also use debt-to-equity swaps to convert debt into equity, so as to reduce debt pressure while raising capital. in addition, reits can transfer equity or franchise rights and apply for listing and public offering of fund shares to achieve financing. through the combination of different financing modes, drf asset management helps enterprises connect with the global capital market and opens up a new way of financing and rescue.
aaron wang, president of icg, believes that state-owned enterprises are vital to the country, and whether they can ensure healthy and high-quality development is directly related to the country's economic lifeline. icg will adhere to the original mission, through debt reduction financing (drf) asset management plan to inject new momentum for debt relief rescue of state-owned enterprises, in the service of high-quality economic and social development process to promote their own high-quality development, with excellent results to meet the 20th victory of the party.