China Chengtou Construction Group Co., Ltd. was established in June 1979 and April 13. It is a state-owned enterprise directly under the central government jointly established by the former State General Administration of Materials and the Ministry of Finance. China Chengtou Construction Group Co., Ltd. provides customers with all-field, all-process and all-factor urban-rural integration construction and operation services.
The group company and its subordinate engineering bureaus have the first-class qualification of general contracting for housing construction, the first-class qualification of general contracting for highway construction, the first-class qualification of general contracting for municipal public works and the first-class qualification of architectural design. First-class qualifications such as architectural decoration engineering, foundation and foundation engineering, bridge engineering, highway subgrade engineering, highway pavement engineering and earthwork construction professional contracting; Second-class qualification for general contracting of smelting engineering construction, with overseas engineering contracting qualification and foreign management right.
Financing mode of city investment company
(1) Financial funds
Financial support is the core source of funds for the actual development of city investment companies, that is, most of the funds for infrastructure construction are generally allocated by the government. Objectively speaking, the city investment company itself belongs to the local government investment and financing platform, and the government financial support is also the main financing channel for the city investment company.
(2) Bank loans
Bank loan belongs to the main supplementary financing method of local city investment companies. In practice, local city investment companies can first consider seeking policy bank loans, and the financing cost of policy bank loans is relatively lower. Secondly, local city investment companies can rely on government credit to strengthen communication and coordination with local commercial banks and guide commercial banks to provide corresponding bank loans for enterprises.
(3) bond financing
Issuing corporate bonds is a new financing method in the field of urban investment companies in recent years. Compared with the above two financing methods, bond financing has stronger flexibility and initiative. However, it is worth noting that bond financing involves very complicated and diverse approval processes and procedures, and the procedures are more complicated. In addition, bond financing methods will also bring various hidden effects to local debt to a certain extent. Therefore, the state has put forward stricter requirements for city investment companies to issue bonds.
Land development financing
Land development financing refers to the ways and channels to obtain funds directly with land as credit collateral. Under normal circumstances, land development financing is highly dependent on land, which can quickly raise a large amount of funds in a short time, which will help promote the future construction and development of city investment companies.
Reference to the above content: Baidu Encyclopedia-China Chengtou Construction Group Co., Ltd.