Home Business Zhengbang Technology: Adhere to the combination of “slimming” and “fitness” to ensure the sustainable development of the company_Oriental Fortune Network

Zhengbang Technology: Adhere to the combination of “slimming” and “fitness” to ensure the sustainable development of the company_Oriental Fortune Network

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On the evening of March 11th,Zhengbang TechnologyIn response to the Shenzhen Stock Exchange’s letter of concern, the company currentlyBankThe credit line is relatively sufficient and the financing channels are unobstructed, which can meet the company’s capital turnover needs in emergencies. Combined with the company’s current development, cash flow planning for future production and operation, and debt repayment arrangements, the company is financially stable and has the ability to continue operations.

  Zhengbang TechnologySaid that in 2022, the company will actively take various measures to reduce costs and increase efficiency, save various expenses and reduce unnecessary expenses, and travel lightly to ensure the stable operation of the company. At the same time, it will continue to strengthen capital management, accelerate customer payment collection, increase supplier financing scale, introduce platform supply chain companies to cooperate, and extend payment cycles to improve capital turnover efficiency. It is expected that cash outflow from operating activities will be significantly reduced in 2022, and daily sales receipts can meet daily operating needs.

  Bankfinancing,Zhengbang Technologysaid that the company is mostly the core customer of the head office,BankThe credit rating of the company is in good condition, and it has established long-term cooperative relations with many banks, and the long-term and short-term funds are guaranteed. In the later stage, the company will continue to promote cooperation with more financial institutions to increase the credit line. According to the “Opinions on Promoting the Sustainable and Healthy Development of the Live Pig Industry” issued by the executive meeting of the State Council and six departments including the Ministry of Agriculture and Rural Affairs, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Ecology and Environment, the Ministry of Commerce, and the China Banking and Insurance Regulatory Commission, on “stabilizing the pig loan policy, As a key leading enterprise in Jiangxi Province, the company has received strong support from the local government, communicated and negotiated with cooperative banks, and has no restrictions on loans, no loan withdrawals, continuous loans, etc. No loan repression, and policy support for loan renewal without principal repayment.

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At the same time, the company will actively activate assets and dispose of some idle assets in a timely manner to collect funds.The company’s fixed assets and construction-in-progress are about 20 billion yuan, with a large scale.Equity transferThe initiative to deal with the bottom of the cycle.This time withDabeinongFrom the equity transaction, the company expects to receive 2 billion to 2.5 billion of funds to return to further increase its own capital reserves.

In order to ensure that the company has sufficient daily working capital, the company has planned the daily capital needs and medium and long-term funds according to the production and operation conditions. Adhere to the combination of “slim down” and “fitness”, protect sows, stabilize production and operation, optimize asset structure, and ensure the sustainable development of the company.

(Article Source:securitiesDaily Network)

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