The first aspect is the application for special fund projects to “encourage enterprises to advance and upgrade”. The scope of application for is mainly enterprises with independent legal person status in Zibo City or central or provincial enterprises in Zibo. Financial institutions such as banks, securities, and insurance, as well as infrastructure service institutions such as telecommunications and power grids, are not included in the scope of application. After successful application, enterprises whose operating income exceeds 100 billion yuan, 50 billion yuan, 30 billion yuan, 20 billion yuan, 10 billion yuan, and 5 billion yuan for the first time will be rewarded with 5 million yuan, 3 million yuan, 2 million yuan, 1.5 million yuan, 1 million yuan, 500,000 yuan.
The second aspect is the application for "positive incentives" special fund projects. The scope of application for is mainly enterprises in the Zibo City's leapfrog development plan announced by the municipal government. After successful application, enterprises with leapfrog development plans that have an annual growth rate of more than 10% in both main business income and local financial contribution will be rewarded in equal amounts based on 50% of the local financial contribution exceeding 10%, with a maximum of no more than 2 million yuan.
The third aspect is the special fund project of “encouraging the rapid growth of potential enterprises”. The scope of application is mainly industrial enterprises with independent legal person status in Zibo City that will be included in the statistical scope before December 31, 2021, or central or provincial industrial enterprises above designated size in Zibo and are currently still in the database of industrial enterprises above designated size. Focus on supporting "flagship" and "young eagle" industrial enterprises above designated size that meet the requirements in the cultivation library. After the application is successful, for industrial enterprises above designated size whose main economic indicators (operating income, local tax revenue retention) have increased by 10 percentage points or more more than the city's average for three consecutive years, the local tax revenue retention (municipal level) in the third year will exceed the enterprise's upper limit. 50% of the annual growth will be rewarded in equal amounts, with a maximum of no more than 2 million yuan.
The "Notice" also clarifies the relevant application procedures. Companies applying for special fund projects that "encourage enterprises to advance and upgrade, provide positive incentives, and encourage high-speed growth of potential enterprises" need to provide an audit confirmed by a third-party accounting firm or audit agency. A copy of the report (which needs to be stamped with the official seal of a third-party organization), and promises to be responsible for the authenticity and completeness of the reported data. Declaring enterprises that do not meet the "green threshold" requirements, have "one-vote veto" matters, or have records of illegality and dishonesty will not be declared.
(Source: Municipal Industry and Information Technology Bureau)