since the beginning of this year, the economic situation across the country has been grim, and many enterprises have faced practical difficulties in production and operation. as important market players, large state-owned enterprises and listed companies are playing a leading role in the market and accelerating the recovery and development of upstream and downstream industries and small and medium-sized enterprises. icg assists enterprises in financing and rescue with financial services, and launches customized financial solutions for large state-owned enterprises and listed companies, providing a strong financial force to support enterprises to achieve recovery growth.
faced with the test of the epidemic, icg grasps the main tone of "six stability" and "six insurance", and focuses its business on industrial fund, os asset management, drf asset management, securities investment, equity investment and other comprehensive financial services. in view of the financing demands of large state-owned enterprises and listed companies, icg focuses on developing debt reduction financing drf asset management business, and makes personalized financing plans according to different characteristics of enterprises, so as to solve the double dilemma of debt and financing. all participating enterprises can flexibly choose one or more of the six implementation plans, including joint factoring, joint leasing, capital and share increase, debt-for-equity swap, spv project financing and reits real estate investment trust fund, according to their own conditions.
in the process of promoting the resumption of work and production, large state-owned enterprises and listed companies have been working at full speed to give full play to their advantages of strong industrial cohesion and great radiation effect by "point" and "chain", so as to drive the joint development of enterprises upstream and downstream of the industrial chain and supply chain. through icgdrf asset management, large state-owned enterprises and listed companies can accurately "transfusion", reasonably introduce low-cost funds, effectively alleviate the pressure of financing costs, improve their profitability, and solve the financing difficulties and expensive financing problems faced by enterprises during the recovery period. more attractively, some companies can meet their financing needs without even repaying principal. if an enterprise participates in reits real estate investment trust fund, it can achieve financing by transferring equity or franchise rights and applying for listing and public offering of fund shares. the fund shares subscribed by investors can circulate in the market, and the funds obtained by the financing enterprise need not be repaid, effectively reducing the pressure on the enterprise's liabilities. compared with other financial programs, icgdrf asset management is more targeted, hitting the pain points for enterprises to reduce debt and prevent risks. participating enterprises can make good use of existing assets, optimize corporate debt structure, increase disposable funds, and help enterprises resolve existing debts in an orderly manner, so as to achieve the effect of reducing corporate debt ratio while financing.
icg has always adhered to the national strategic guidelines and policy orientation as an important guide for group development. since the outbreak of the epidemic, the state has continued to increase the support of the capital market for enterprises and introduced a series of policies to guide the financial sector to serve the real economy. under the current situation, icgdrf has prominent policy advantages in capital management, strong market adaptability and high anti-risk capability, making it the preferred solution for financing and rescue of large state-owned enterprises and listed companies. in 2019, the total investment of icg reached 105.6 billion yuan and the total investment of creditor's rights reached 66.58 billion yuan, involving a total of 109 investment projects. these data also confirm the remarkable achievements of icg in the field of financial investment.
although this sudden epidemic will have a certain impact on the economy, society and enterprises, opportunities often emerge from crises and become an important opportunity for enterprises to innovate and develop. in the battle against the epidemic, icg has braved the difficulties, strengthened the risk control system, accelerated the expansion of financing channels, and adopted classified measures. by providing normalized, precise and comprehensive financial services, icg has ensured the steady operation and controllable risks of enterprises, and become the most trusted financial partner of chinese enterprises.