“I am very grateful to Shaya Rural Commercial Bank for opening a green channel. It took only two days to process a loan of more than 60 million yuan for us, which solved the urgent need of the company.” said Wang Xiaohuan, financial director of Aksu Zhenglun Industrial Co., Ltd.
Aksu Zhenglun Industrial Co., Ltd. is located in the Circular Economy Industrial Park of Shaya County. Due to the decline in market prices of gray fabrics produced in the early stage, the company’s profits decreased and liquidity was tight in early August. After Shaya Rural Commercial Bank learned of this situation, it contacted the company in a timely manner. Based on the actual situation, it decided to issue a loan of 68.9 million yuan in the form of “the company first collects the loan and then purchases the raw materials as pledge” to help the company solve its financing problems.
The annual cotton planting area in Shaya County exceeds 1.8 million acres. Relying on its resource advantages, Shaya County has actively built a cotton industry system that integrates production, services, circulation, processing, and sales. Nearly half of the cotton is converted into textile products on-site.
In August, cotton field management has reached a critical stage. Some new projects in the cotton industry chain are stepping up construction. Multiple departments in Shaya County have made joint efforts to proactively understand the situation of each production and construction link, where the blocking points are, and provide services. Follow wherever you go.
On August 24, in the irrigation pump room of cotton farmer Wu Mingshou in Nurbag Township, Shaya County, staff from the State Grid Shaya County Power Supply Company operated the electrical equipment and other facilities of the drip irrigation system. Check the situation and eliminate potential electrical hazards. Recently, the State Grid Shaya County Power Supply Company organized 10 party member service teams to carry out potential hazard identification and service work for electricity use in cotton field irrigation, and provided door-to-door power services to ginning mills, textile enterprises, etc. The company also verified the cotton spinning enterprises that enjoyed the electricity subsidy policy in the second quarter to ensure that the subsidy policy was implemented in place.
There are 33 cotton processing enterprises, more than 150 textile and garment enterprises (cooperatives), and 3 cotton seed processing enterprises in Shaya County. Since the outbreak of the epidemic, the Shaya County Circular Economy Industrial Park Management Committee has provided all-inclusive services to cotton-related enterprises. On the one hand, it guides enterprises to do a good job in epidemic prevention and control, and on the other hand, it assists enterprises to solve problems encountered in equipment, raw materials and sales. .
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