Loan application report [recommended]

Investigation report on XX company's application for loan

I. Overview of the borrower

1. Basic situation

XX Drive Bridge Co., Ltd. is located in Anren Road, XX County, and was established in May 1957. It was officially converted into drive axle production in 1979 and renamed as XX County Drive Bridge Factory. After more than 20 years of development, it is the three major professional production in China. One of the drive axle companies. In March 2003, it was merged by Ningbo BB Group and established Jiangxi XX Drive Bridge Co., Ltd., BB Group accounted for 70% of the shares, and the original management personnel accounted for 30% of the shares.

The new company is based on the net assets as the transfer price based on the debt-bearing method, and the entire assets of the drive axle plant are transferred. After the establishment of the new company, the registered capital is 10 million yuan, all of which are funded in cash. Among them: Ningbo BB Group Shares Co., Ltd. should invest 7 million yuan in investment funds. ), accounting for 70% of the registered capital; Fu Qingqing should invest 1 million yuan, accounting for 10% of the registered capital; Zhang Fengyi should contribute 550,000 yuan, accounting for 5.5% of the registered capital; Xi Laru should contribute 400,000 yuan, accounting for registration 4% of capital; Liu Jianmin should invest 150,000 yuan, accounting for 1.5% of the registered capital; Yan Fang should invest 900,000 yuan, accounting for 9% of the registered capital; capital is fully in place. The representative of the legal person resigned from the United States, with 683 employees; 58 engineers and technicians. The factory covers an area of ​​100,000 square meters and the production area is 27,000 square meters.

2. Enterprise production

Jiangxi XX Drive Bridge Co., Ltd. is a fixed-point factory specializing in the production of engineering machinery drive axles for the Ministry of Machinery. The company's leading product "Binshi" brand drive axle is mainly used in the field of construction machinery such as loaders, road rollers, graders, forklifts, etc. The product performance and price ratio are reasonable. Now it has 7 series of more than 90 deformation products, with an annual output of various projects. 7000 sets of mechanical drive axles, of which ZL20 and ZL15, ZL30B drive axles are excellent and provincial products. The company's products are mainly divided into two large blocks, one is the loader drive axle, the product model is ZL15, ZL30, ZL40, ZL50, which accounts for about 25% of the national sales market; one is the roller drive axle, the product model is PS50 series, PS75 The series accounts for about 50% of the national sales market.

3. Managerial quality

There are 7 leaders in the company, including 1 general manager, 3 deputy general managers, 1 manager assistant, 1 union chairman, 1 supervisory board member, 1 BB group management manager, and 4 senior titles. Politically determined, united, with a high sense of professionalism and responsibility, strong reform and pioneering spirit, with a high organizational capacity and leadership decision-making level, general manager Fu Lanqing, the former XX drive axle factory director, engaged in driving The bridge has been produced for nearly 20 years and has a strong professional level. The comrades are of good character, clean and honest, hard-working and have a certain personal charm.

2. Borrower's production and operation and economic benefits:

Since the country increased its infrastructure construction, from 2001 to the present, the company has continuously carried out technical reforms and increased productivity. Its products are still in short supply. In 2000, the sales revenue was 39 million yuan, and the sales revenue in 2001 was 47 million yuan. In 2002, the sales revenue was 72 million yuan. In 2003, the sales revenue was 100.72 million yuan. The growth rate of sales revenue in the past three years was 20.5 %, 53.19% and 39.89% respectively. In 2000, the company's total profit was 24,000 yuan. In 2001, the company's net profit was 25,000 yuan. In 2002, the company's net profit was 250,000 yuan. In 2003, the company's net profit was 2.42 million yuan. The company's net profit growth in the first three years was slow, mainly because the company wrote off many historical bad debts.
The production of the enterprise is generally a fixed-quantity production. At the beginning of each year, the construction machinery vehicle manufacturer signs an order for the annual demand for the drive axle. The company's general sales season is 2-3 quarters, but in recent years, due to the shortage of products, the response is not strong in seasonal sales.

The company's sales model is a direct sales engineering machinery vehicle manufacturer, without a seller in the middle, the business cycle is generally about 2 months. The main supply is: Sanjiu Yigong Biochemical Co., Ltd., Changzhou Forestry Machinery Factory, Zhengzhou Engineering Machinery Factory, Huanghe Engineering Machinery Factory, Xiamen Engineering Machinery Comprehensive Factory, Changzhou Engineering Machinery Factory, South Hydraulic Engineering Machinery Factory, Chaoyang Construction Machinery Co., Ltd., Yantai Engineering Machinery Factory, Tianjin Municipal Engineering Machinery Factory, Shanghai Urban Construction Machinery Factory, Sanming Heavy Machinery Factory, Luoyang Construction Machinery Factory, etc.; established stable construction with large construction machinery enterprises such as Shanghai, Zhejiang, Shandong, Fujian and Hunan. Business contacts and collaboration. The development of enterprises has shown a strong growth trend; as the country further increases investment in infrastructure construction and implementation of the strategy for the development of the western region, the market space for engineering machinery drive axles is huge.

Third, the borrower's financial status

1. The company's main financial indicators for the last three years

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According to the above table analysis:

Borrowing situation: short-term borrowing of 24 million yuan.

The company's operation and management is normal, but the asset-liability ratio is slightly higher, but the sales revenue has increased rapidly. In 2003, the net profit was 2.42 million yuan.

The company analyzed its current ratio and quick ratio, and the company has a strong short-term solvency.

Overall, the company's operation and management is normal. With the continuous strengthening of internal management, the company's profitability is further enhanced and its ability to resist risks is continuously enhanced.

2. Development situation

In 2004, the company has signed 8600 sets of drive axle production orders. It is expected to realize sales income of 150 million yuan and realize profits and taxes of 10 million yuan, of which 6 million yuan will be realized and 4 million yuan will be realized after tax.

Fourth, the company and the Bank's relationship:

The company has long been in the credit business of the Industrial and Commercial Bank of China XX County Branch. The basic account is in ICBC. Other financial institutions have not intervened. The industrial bank borrowing is 24 million yuan. The credit is good and there has never been a overdue phenomenon. The credit rating is AA.

The Bank has had a long-term discounting business with the company, and the cooperation between the two parties is more enjoyable. In 2003, due to the government's efforts to attract investment, the Bank paid close attention to the merger of the company. After its success was merged by Ningbo BB Group, I Make timely marketing plans. With the strong support of the superior bank, the Bank has carried out multi-party marketing by the group company and local company management personnel. Our good service has made the company willing to have a credit relationship with our bank and become a basic customer of our bank.

V. Necessity and feasibility analysis of loans

If the loan is successfully issued, it will not only succeed in making the company a basic customer of the Bank, but also can increase the public deposit by about 4 million yuan. The average daily balance will reach more than 2 million yuan, and bring the settlement business to the bank every year. More than 10 million yuan, resulting in direct economic benefits of 10,000 yuan. In addition, since the company is located in the county town of our county, the bank can also obtain the company's wages and issuing rights, and pays nearly 600 million yuan per year, which can increase the savings deposit by nearly 2 million yuan per year. As the company is one of the three leading enterprises in the county, it will further expand the influence of the bank in the local area, and the company has good development prospects, which will further improve the credit capacity and credit structure of the bank, distracting me. Credit risk is raised to improve the profitability of our bank. The non-performing loan ratio of our bank will drop by 2.25%, and the bad ratio will be 7.81%, which will lay a certain foundation for our future competition.

6. Analysis of the loan guarantor

The guarantee for the loan is provided by Ningbo BB Group Co., Ltd., which is jointly and severally guaranteed. One of the 18 large enterprise groups that Ningbo BBB Group has cultivated in Ningbo is a five-star enterprise in Ningbo. The company has entered the top 500 private enterprises in China and the top 500 auto parts industry in the world. XX County Drive Bridge Co., Ltd. is a subsidiary company of Ningbo BB Group.

Ningbo BB Group Co., Ltd. has total assets of more than one billion yuan. The company's legal representative is Zhou Cimei, and the company's registered capital is 100 million yuan. There are twenty-seven branches, the main products are automobiles, special equipment, auto parts, electronic products, aquatic products and large and medium-sized precision molds. The subsidiaries of the Group passed the ISO9000 certification in August 1997 respectively. In 1999, they passed the international automobile manufacturing time-based standard QS9000 and VDA6.1 certification. In October 2000, they passed the acceptance and appraisal of the National 863 Program CIMS project. In April, it passed TS/16949 certification, and its subsidiary company, Ningbo BB Electronics Co., Ltd., has been approved by the China Securities Regulatory Commission and will be listed in 2004.

Ningbo BB Group is the basic customer of Bank of China Xiangshan Branch, and Bank of China has a credit rating of AAA for its company.

Seven, conclusion

It is agreed to issue a short-term working capital loan of 30 million yuan to the company, with a term of x years and an interest rate of 5.31%. Ningbo BBB Group Co., Ltd. provides joint liability guarantee.