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Undertaking Its Missions and Playing a Role in Resumption of Work and Production - Rental Reduction and Exemption of over RMB 65 Million Provided by CDHT Investment for Enterprises during the Pandemic

Origin:集团公司
Time:2021-02-22 15:58
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At the beginning of 2020, the sudden outbreak of Covid-19 pandemic has impacted economic operation in China in an unprecedented scale, putting multiple micro, small and medium-sized enterprises in a trap of difficult situations. In a special period of fighting against COVID-19 pandemic and promoting resumption of work and production, Chengdu High-Tech Investment Group Co., Ltd. (CDHT Investment for short), under the leadership of Management Committee of Hi-tech Industrial Development Zone Party Working Committee, adhering to its missions as a state-owned enterprise, and implementing the policy of "equal attention to epidemic prevention and economic development", has proactively responded to the call of the state, province, city and Hi-tech Industrial Development Zone for fighting against COVID-19 pandemic and support the stable and sound development of enterprises by comprehensively implementing the rental reduction and exemption policy for micro, small and medium-sized enterprises. With these economic assistance measures, CDHT Investment helped these enterprises pull through and increased their economic development capacity, greatly boosting economic growth against the trend and maintaining social harmony and stability in the Hi-tech Industrial Development Zone in the first half of 2020.

Level 1 response for rental reduction and exemption, manifesting its missions as a state-owned enterprise

In early February, Sichuan Provincial Government and Chengdu Municipal Government issued policies such as "Policies and Measures to Fight Against COVID-19 Pandemic and to Solve the Difficulties of Production and Operation Faced by Micro, Small and Medium-sized Enterprises " and "20 Policies and Measures for Effective Response to the Pandemic and Stable Economic Operation", for epidemic prevention and control and promoting socio-economic development and Hi-tech Industrial Development Zone issued a notice on rental reduction and exemption for these enterprises.CDHT Investment has proactively taken measures to fulfill its responsibilities as a state-owned enterprise, and its management team has held a special meeting immediately to deploy rental reduction and exemption for micro, small and medium-sized enterprises and individually-owned business which have leased productive assets from CDHT Investment to comprehensively implement rental reduction and exemption.

To implement rental reduction and exemption in a practical and refined manner, the companies involved in asset management of CDHT Investment, including subordinate asset management company, Tianfu Software Park, and Biomedical Park Co. Ltd., established a special work team rapidly to obtain details about actual conditions of micro, small and medium-sized enterprises and individually-owned business; to conduct policy propaganda, tenant statistics, and calculation on rental reduction and exemption; to formulate an implementation plan of rental reduction and exemption; and to handle rental reduction and exemption procedures for enterprises through multiple means including telephone, WeChat, and visiting service.By August 30, CDHT Investment has received applications for rental reduction and exemption from about 1,700 enterprises, with an amount of over RMB 65 million.

Comprehensive coverage of reduction and exemption policies guarantees smooth implementation of preferential policies

To improve the effect of the implementation plan of rental reduction and exemption, adhering to the principle of "full coverage", CDHT Investment has made full use of "New media+" and adopted a "one-on-one" working method to carry out propaganda for rental reduction and exemption policies through online and offline channels such as link push, posters, and visiting, to ensure that all enterprises involved are informed. The above-mentioned companies have promoted rental reduction and exemption work in various ways, and the asset management company has taken a district-based responsibility system to help enterprises to prepare application materials for rental reduction and exemption. Tianfu Software Park rapidly launched a "Declaration Audit System for Rental Reduction and Exemption" to help enterprises to properly fill in the application for rental reduction and exemption. The Biomedical Park Co. Ltd. rapidly set up a work team for "rental reduction and exemption caused by COVID-19 pandemic". The designated person was responsible for rental reduction and exemption on the designated post. During the household visit, the Group accumulatively delivered over 5,000 promotional materials to the enterprises to allow them to know this rental reduction and exemption policy. Also, it took the initiative in advertising this policy to those enterprises complying with the reduction and exemption conditions but fail to propose the application for reduction and exemption, in order to ensure that every enterprise "enjoys this policy as far as they can".

Now, after the COVID-19 pandemic prevention and control has become regular, enterprises have resumed work and production in a comprehensive and orderly way, so as to recover the production & operation gradually and comprehensively.In early August, the Hi-tech Industrial Development Zone also issued the Policies and Measures on Optimization of the Services of Small, Medium and Micro Enterprises to Promote Stable Economic Development. It specifies halving the rentals of May to July (including booth fees) and property management fees (including public energy apportion charges) on the basis of "complete exemption of rental of February, and halving of the rentals of March and April". In response to the new policies immediately, the Group adhered to the working policy of overall planning, scientificity & efficiency and mobility, made sustained efforts to implement the rental reduction and exemption, and allow the vast number of micro, small, medium and large-sized enterprises to fully enjoy the preferential policy, so as to relieve their financial pressure and protect their resumption of work and production.

Help Enterprises overcome the Difficulties by Rental Reduction and Exemption People's DailyPraises CDHT Investment

Since the implementation of the rental reduction and exemption policy, it gave a guarantee to the non-state micro, small and medium-sized enterprises and individual businesses leasing their business assets, which lessened the impact and financial pressure caused by the COVID-19 pandemic. They praised the CDHT Investment's behavior of "thinking what the enterprises think, doing what the enterprises urgently want".

Tang Sunli, Manager of Chengdu Maiyuanjia Food Co., Ltd., was impressed by Tianfu Software Park's online application system for rental reduction and exemption. She said that the rental reduction and exemption was applied and handled online conveniently. With huge impact on the catering industry by the COVID-19 pandemic, CDHT Investment's rental reduction not only lessened our burden and alleviated the financial pressure, but also greatly improved our resumption enthusiasm and confidence. Bao Wenjuan, Administration Manager of Sichuan Zhongling Chuangtuo Pharmaceutical Technology Co., Ltd., said, "We rented over 2,800 m2office space mainly for pharmaceutical R&D in Tianfu Life Science Park. The COVID-19 pandemic had a considerable influence on our sale revenue. The CDHT Investment's rental reduction and exemption policy may help us to reduce and exempt over RMB 280,000 by calculation. For the reduced and exempted funds, we can pay the wages, or invest the new project R&D to accelerate the project R&D. It's a great support for us". Like Maiyuanjia and Zhongling Chuangtuo, those enterprises, who enjoyed the rental reduction and exemption, said that difficulty was only temporary. They believed that the COVID-19 pandemic would be eliminated and the operation conditions would get better certainly with the care of Party and government.

The CDHT Investment's measure to reduce and exempt the rental has also aroused attention from the People's Daily.On May 14, the Issue 10 of the People's Daily - Overseas Editionpublished a report titled Frequent "Combined Measures" Escort Overseas Returnees to Overcome Difficulties Confidently, which focused on supporting measures of various places for overseas returnees in micro, small and medium-sized enterprises during epidemic prevention and control. This report specifically mentioned the Tianfu Life Science Park's rental reduction and exemption policy. Wei Liang, Chairman of S&KM Biotech, and other returnee entrepreneurs starting a business in the park praised the CDHT Investment through the People's Daily.

Next, CDHT Investment has adhered to the guidance of Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, made an overall plan to promote the COVID-19 pandemic prevention and control and enterprise operation under the strong leadership of the Management Committee of Hi-tech Industrial Development Zone Party Working Committee, did a solid job in "stabilizing employment, finance, foreign trade, foreign capital, investment and expected work", fully implemented the task of "ensuring resident employment, basic livelihood, market subject, food & energy safety, industrial chain supply and grassroots operation", and highlighted the responsibility of state-owned enterprise in performing urgent, difficult, dangerous and heavy tasks. It ensured the implementation of rental reduction and exemption policy with the sincere and efficient service services, helped the micro, small and medium-sized enterprises to stay altogether to overcome difficulties, and made contributions to the economic and social development of the Hi-tech Industrial Development Zone.

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