How to calculate the financing subsidy of Xinjiang guarantee company

For the financing guarantee companies whose comprehensive rate of financing guarantee in the current month is lower than 1.5 (inclusive), financial subsidies shall be given according to 1.5%. According to the inquiry of Urumqi Municipal People's Government, financing guarantee companies can get special subsidies to guarantee small and medium-sized enterprises. The Detailed Rules for the Implementation of Special Financial Subsidies for Guarantee Fees of Financing Guarantee Companies in Urumqi provides financial subsidies to financing guarantee companies whose comprehensive rate of financing guarantee in the current month is lower than 1.5 (inclusive), at the rate of 1.5% 10%. The scope of the guarantee fee subsidy is new business in the first half of 2020, and the financing guarantee company completes the declaration of last month from 5th to 10 every month.