Lead: Hainan Jiayu Carton Packaging Co., Ltd. is a local private enterprise specializing in the production of corrugated boxes and pulp molds. In the early stage of the company's development, it faced the current situation of weak guarantees and difficult financing. The Hainan Branch of Bank of Communications issued a loan of 10 million yuan to the company by introducing a financing guarantee company to increase the trust of the company, effectively alleviating the financial pressure on business operations. With the help of bank funds, the company's business runs through the entire industrial chain from cardboard production to carton manufacturing. At present, the company has developed into one of the largest and most advanced carton packaging manufacturers in Hainan Province.
“The cooperation with Bank of Communications is crucial to the development process. Since the cooperation in 2013, we have provided a variety of financial support, paving the way for our integration of resources and rapid development. Since 2013, our annual turnover has been From 100 million yuan to 500 million yuan." Hainan Jiayu Carton Packaging Co., Ltd. general manager Mo Zhiming said.
The growth history of Hainan Jiayu Carton Packaging Co., Ltd. is a microcosm of Hainan Bank of Communications's efforts to serve local private enterprises for many years. In response to the characteristics of the short-term, small, frequent and urgent capital demand of local small and medium-sized enterprises, Hainan Bank of Communications will improve the quality and efficiency of financial services for private enterprises and small and micro enterprises, and increase credit input as a breakthrough to solve the problem of small and micro enterprises' business development. It also actively supports the development of the real economy, strives to improve the financial coverage of HP, and alleviates the current situation of financing difficulties for local SMEs.
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