Hanhua Financial Holding donated a total of RMB 5 million for prevention and control of COVID-19

release:Hanhua Financial   |  Release Time:2020-02-05 13:25:17  |  Click Rate:

On February 4, Hanhua Financial Holding and its subsidiaries in Chongqing Liangjiang New Area donated a total of RMB 3 million through a number of charitable organizations such as the Chongqing Charity Federation. The donation was specifically used for the prevention and control of Coronavirus Disease 2019 (COVID-19) in Chongqing, Wuhan and other provinces in China.

It is worth mentioning that since the outbreak of COVID-19, Hanhua Financial Holding and Chongqing Fumin Bank mainly established by Hanhua Financial donated a total of RMB 5 million for the prevention and control of COVID-19.

Moreover, Hanhua Financial Holding also took a series of measures to help small and medium-sized enterprises to overcome difficulties. In view of the practical problems that small and medium-sized enterprises are difficult to resume the work, renew the loan and operate the business, Hanhua Guarantee Group cooperated with its customers to build a "fence" to do a good job in advance of renewing loans and insurance which would be expired within three months for customers.

Hanhua Guarantee also actively cooperated with the local governments to establish a "fast channel" to quickly provide loan guarantees of no more than RMB 20 million with properly lower guarantee conditions and charging standard for the emergency financing demand of drug supply enterprises, equipment manufacturers and transportation and logistics companies that are conducive to epidemic prevention. For enterprise customers affected by the epidemic, Hanhua Guarantee will reduce the rate of credit guarantee fee by 40% according to the actual situation to reduce their burden and work with them to overcome difficulties.

Mr. Zhang Guoxiang, Chairman of Hanhua Financial Holding, said that Hanhua Credit and Loan Group had nearly 50,000 micro and small-sized enterprise customers and self-employed customers. These customers, with small capital and weak anti-risk capability, were severely afflicted by the epidemic.

On this basis, Hanhua Financial Holding also will take associated measures subsequently. For customers in the wholesale, retail, accommodation, catering, logistics and transportation industries that were greatly affected by the epidemic, as well as customers with temporary repayment difficulties due to delayed return to work, Hanhua Credit and Loan Group opened a "green channel" to quickly accept applications for delayed repayment or adjustment of repayment period.

In addition, Hanhua Credit and Loan Group gave full support to the emergency liquidity needs of medical drugs and equipment production and distribution companies participating in epidemic prevention and control and participating relief supplies companies, and accepted, handled and approved their applications, and make loans for them in the first time.

Zhang Guoxiang said that Hanhua Financial Holding will work together with its customers to face the challenge of the epidemic, take advantage of the flexibility, high speed and high efficiency of private financial companies, help customers reduce financing costs and resume production and operation as soon as possible through innovation in products, operation modes and channels, give priority to supporting enterprises involved in the prevention and control of the epidemic, help the enterprises seriously affected by the epidemic to overcome temporary difficulties, give full play to the charitable feature of inclusive finance, and go all out to win the battle of prevention and control of the COVID-19.