Henan small and micro enterprise financing increased convenience channel

Recently, OTC transactions such as the New Third Board and the Shanghai Equity Custody Trading Center are being sought after by small and micro enterprises.

For Henan small and micro enterprises, a good news is that the Henan Enterprise Incubation Base of the Shanghai Equity Custody Trading Center was unveiled, and Henan Xiaowei Enterprise Finance added a convenient channel.

On April 12th, the Henan Business Incubation Base of the Shanghai Equity Custody Trading Center was unveiled at the Yushang Classroom held by the Henan Provincial Federation of Industry and Commerce and the 2014 Henan SME Capital Road Summit Forum.

At the opening ceremony, Zhang Yunfeng, general manager of the Shanghai Equity Custody Trading Center, said that the establishment of the Henan Equity Trusteeship Center in Henan will have an important role in promoting corporate financing channels and enhancing the ability of corporate financial capital to operate.

In an interview with a reporter from Henan Business Daily, Zhang Yunfeng said that compared with the financing cost of small and medium-sized enterprises (SMEs) through 12% of private lending companies and 15% to 18% of private lending rates, the financing cost of enterprises entering Shanghai Equity Custody Trading Center is due to the qualification of enterprises. The scale of financing varies from 5% to about 8%, which is lower than the cost of bank loans.

According to Zhang Lei, Marketing Director of Hong Kong and Macao Information North China, a strategic partner of Shanghai Equity Custody Trading Center, there are currently four companies in Henan Province preparing to land in Shanghai Equity Custody Trading Center through Hong Kong and Macao Information.

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