Shandong Hengfeng Rubber & Plastic Co., Ltd.
Add:Dawang Economic Development Zone, Dongying, Shandong,257335,China
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Hengfeng specializes in the production of various radial tires, which can be widely used in cars, off-road vehicles, trucks, buses and so on.
The government launched a number of policies to assist tire companies
2018 is coming to an end. Many tire people sighed and said that the past year, the days are not very good.
This year, affected by many factors, domestic tire companies have undergone severe tests, and they have been exhausted in order to survive and develop.
At the same time, in order to maintain the long-term stable development of enterprises and ease economic pressure, local governments have also introduced a variety of "saving the city" policies.
Promote the high-end development of the tire industry
On October 29th, Shandong Province issued the “Implementation Plan for Accelerating the High-Quality Development of Seven High-Energy-consuming Industries” to promote the transformation and upgrading of the tire industry.
The local government hopes that by 2020, the overall production capacity of Shandong tires will remain basically unchanged, and there will be four tire companies with annual sales income exceeding 10 billion yuan.
At the same time, they will also rank tire companies according to energy consumption, efficiency, per capita contribution, technical evaluation, quality standards and other indicators to promote the industry's survival of the fittest.
In order to promote the high-end development of the tire industry, the local government can be said to have racked its brains.
According to industry insiders, the tire companies that have survived this reshuffle will survive the “painful period” and move directly to the road of high quality development.
Reorganizing chemical parks everywhere
Under the background of environmental protection, the rectification work of chemical parks has been started.
In March 2018, Wang Shujian, deputy governor of Shandong Province, said that he would strive to reduce the chemical park to less than 100 and close 20% on the existing basis.
In June, September and October, Shandong Province announced the list of chemical parks in three batches.
The coastal chemical park (concentrated area) in Jiangsu Province also began to dispose of it in June.
All chemical parks in the jurisdiction of the three cities of Nantong, Lianyungang and Yancheng in the province have entered the disposal list.
Recently, entering the chemical park has become the choice of many tire companies.
The view of these companies is that as long as they enter the chemical park, it means that they will not be shut down.
It is reported that after entering the reorganized chemical park, these enterprises have stood under the "protective umbrella".
Limit production is no longer "one size fits all"
In early November, Shandong, Jiangsu, Shanxi, Hebei, Tianjin and other provinces and cities announced the production details of the peak season in the heating season.
Environmental protection avoids “one size fits all” and has become the consensus of environmental protection departments everywhere.
Compared with the overall shutdown of tire companies last year, the operating rate of enterprises has not seen a significant decline in the heating season since 2018.
The Shandong Provincial Environmental Protection Department said that the cities are allowed to extend or shorten the peak production time according to the air quality, and the environmental protection benchmark enterprises can be restricted.
Export tax rebate
Since November 1, the export tax rebate rate for 22 tire products has been raised from 9% to 13%.
Affected by Sino-US trade frictions, the external demand market continued to weaken, and the export trade of Chinese tire products was not optimistic.
It is reported that Jiangsu General Technology Co., Ltd. benefited from the export tax rebate dividend and increased the export tax rebate by more than 15 million yuan.
Of course, some companies believe that the export tax rebate is limited.
According to reports, their processing trade in processing has a large proportion, and its export tax rebate has no longer been retired.
Vigorously solve financing difficulties
On November 1, Xi Jinping, the general secretary of the CPC Central Committee, the president of the state, and the chairman of the Central Military Commission, presided over a private enterprise symposium and delivered an important speech.
Xi Jinping pointed out that it is necessary to reduce the burden on enterprises and reduce the cost of enterprises.
Since then, local governments have responded to the call and have continuously introduced burden-reduction policies in the areas of electricity, financing, logistics, taxes and fees, and institutional transactions.
The most important thing is to help tire companies solve financing problems.
In 2018, the Shandong Provincial Taxation Bureau and the financial department urged the “silver tax interaction”, and the cooperation accumulated a total of 38,500 loans, amounting to 60.9 billion yuan.
In addition, the People's Bank of China and relevant departments have issued a series of measures to prohibit blind loans and stop lending.
It is foreseeable that in the next few years, tax cuts will continue to be the focus of local governments.
Ten billion funds help the storm
In order to vigorously promote the development of the private economy, Shandong, Jiangxi, Zhejiang, Anhui and other provinces and cities have set up billions of funds to assist private enterprises.
On November 15, Shandong set up a capital market bailout fund with a total scale of 10 billion yuan to help private enterprises tide over financial difficulties.
On November 27th, Jiangxi established a state-owned assets innovation development fund to support private enterprises.
In the same period, Anhui also set up a private enterprise bailout rescue fund with a scale of more than 10 billion yuan to carry out necessary financial assistance for key private enterprises.
According to analysis, the establishment of 10 billion funds in various provinces can directly alleviate the liquidity risk of shareholders of listed companies and stimulate the healthy development of promising private enterprises.
(This article is the original of the tire world network, please indicate the source: tire world network)