I want to update the status of shareholders' loans. At present, the first shareholder loan of $65,438+0 M has been successfully used to convert US dollars into RMB and pay for trading products in US dollars.
Please let me repeat the process of converting shareholder loans into RMB as working capital:
1) Use the timer to provide hard trade contracts, transfer quotas recorded in the payroll, etc. Quotas can be any number, as long as supporting documents are provided and approved by the State Administration of Foreign Exchange. It usually takes 20 jobs a day to get the approval of SAFE. It took us more than two months to prepare a preferential loan of 1 M for the first shareholder, because I asked Guilfies and Panshi for a safe with an acceptable number, which was not legally considered as a timely trust loan. Therefore, the first thing to do is to take the loan that ICBC legally believes to be a legal trust, which takes a long time. )
2) When exchange is required, the foreign exchange bureau will indicate that it is allowed to exchange 200,000 US dollars within the approved exchange quota. Then the bank can make changes according to the bills in the safe. If the payment to a specific supplier exceeds $200,000, it can be directly transferred to the supplier's account. As long as the application for change is within the approved quota, SAFE can give the green light immediately.
3) If USD payment is required, the bank can remit money directly without the approval of SAFE. Since most of the trading products have been transferred from SST to surface-to-surface missiles, surface-to-surface missiles will have a lucky SCR, Unimin and SBL paid in US dollars. So you can use part of the shareholder's loan.
Therefore, as long as we can get the safe quota, the shareholder loan will play a role. I plan to borrow 2 million dollars from another shareholder soon to replace the current bank loan. We will send a separate email to support the picture according to the latest payment forecast.
Therefore, if shareholder loans are used as much as possible, the current banking equipment can be shared in decibels through the report system.