[Source: Guangxi Provincial State-owned Assets Supervision and Administration Commission_State-owned Assets and State-owned Enterprises News] The picture shows Guangtou Factoring supporting the operation and development of Guangxi pharmaceutical enterprises. As the first commerci

[Source: Guangxi Provincial State-owned Assets Supervision and Administration Commission_State-owned Assets and State-owned Enterprise News]

The picture shows Guangtou Factoring supporting the business and development of Guangxi pharmaceutical enterprises

As the first commercial factoring company approved by the Autonomous Region Local Financial Supervision and Administration Bureau, Guangxi Guangtou Commercial Factoring Co., Ltd. (hereinafter referred to as "Guangtou Factoring") actively implements the autonomous region's policy spirit on accelerating the development of Guangxi's supply chain finance. In more than a year since its establishment, it has focused on key industries and industries in the region and invested a total of factoring financing for physical enterprises in the supply chain for more than 1 billion yuan, empowering the high-quality development of the local economy.

Guangtou Factoring goes deep into the autonomous region's logistics, automobiles, new energy, infrastructure construction, medical education and health care, and grain supply. Focusing on corporate accounts receivable, it innovatively designs 11 standardized and scenario-based products such as "freight factoring", "food supply chain", "medical supply chain", and "water, electricity, and green energy" for different scenarios and customer needs, effectively transforming the high-quality credit of core enterprises on the chain into a source of funds for upstream and downstream enterprises.

implements the new development concept of , and contributes the "new momentum" of Guangbao Factoring to the stable circulation and optimization and upgrading of Guangxi's industrial chain and supply chain. Guangtou Factoring has provided a total of 900 million yuan in financial support to 46 small and medium-sized enterprises, accounting for 90% of the company's total investment. It has greatly activated the accounts receivable of customers and injected new vitality into ensuring the stability of the industrial chain and supply chain in the region and serving the local economic development.

supports stabilizing the economy and market , and actively connect with services to help enterprises alleviate their difficulties. Since 2022, Guangtou Factoring has vigorously improved the quality and efficiency of services, with an additional 630 million yuan, an increase of 304% over the same period last year; through refined and differentiated pricing management, the comprehensive fee reduction and concession space was explored, and the comprehensive fee rate in 2022 was reduced by about 1 percentage point compared with the previous year, effectively helping small and medium-sized enterprises that have been impacted by the epidemic and faced short-term financial pressure to alleviate their difficulties and develop.

Next, under the support and guidance of Jintou Group, a subsidiary of Guangtou Group, Guangtou Factoring will continue to focus on the industrial chain and supply chain of key industries and major projects in the autonomous region, and deeply connect with core enterprises on the chain, develop standardized product solutions for various scenarios, continuously improve business processing efficiency through digital platforms, and use "factoring + technology" means to provide upstream and downstream enterprises with more extensive and high-quality financial services, and strive to become a regional leading and excellent domestic supply chain financial service provider.

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