Yesterday, the "Policies and Measures to Promote the Development of the Financial Industry in the Guangzhou Development Zone, Huangpu District, Guangzhou" (hereinafter referred to as the "Financial 10 Articles") was officially released. The policy covers project settlement, development and expansion, mergers and acquisitions, and site Financial institutions that have settled in the district will be given the greatest support and funding in many aspects such as purchase and purchase. Among them, financial institutions that settle in the district can receive district-level rewards of up to nearly 100 million yuan. If listed-level rewards are added, the maximum cumulative support funds they can receive will be Over 140 million yuan.
Incentives are tilted towards small and medium-sized financial institutions
According to the "10 Financial Articles", project settlement awards are given to corporate financial institutions, first-level branches (regional headquarters) and commercial bank franchises, Six categories of financial institutions, including financial market trading platforms and legal person financial holding (or group) companies, will be rewarded, with the focus of rewards being given to small and medium-sized financial institutions. Among them, the settlement bonus for financial institutions is up to 30 million yuan (including relocation fee subsidies of up to 50 million yuan). This is combined with the maximum reward of 25 million yuan for financial institutions in Guangzhou. The total settlement bonus is up to 55 million yuan (including the maximum relocation fee subsidy). A total of 75 million yuan).
The "10 Financial Articles" provide maximum support and assistance to financial institutions settled in the area from aspects such as project settlement, development and expansion, mergers and acquisitions, and site purchase. If the financial institution headquarters settled in the district fully enjoys various district-level support funds (50 million yuan settlement bonus for newly moved financial headquarters, 10 million yuan bonus for capital increase and share expansion, 20 million yuan bonus for being named one of the world's top 500, mergers and acquisitions and restructuring (a prize of 5 million yuan and a subsidy of 10 million yuan for site purchase), a total of nearly 100 million yuan in district-level support funds will be received. In addition, financial institutions will also be awarded business contribution awards, executive talent awards, and venue subsidy awards based on their contribution to local economic development. At the same time, if the relevant incentive policies at the Guangzhou municipal level are combined, the cumulative support funds received by financial institutions settled in the area will exceed 140 million yuan.
Supporting enterprises to develop direct financing channels
Another major part of the "10 Financial Policy" is to reward enterprises in the region for using multi-level capital markets and support enterprises to develop equity financing. , bond financing and other direct financing channels. This policy rewards companies for listing on the Guangdong Equity Exchange Center, listing on the New Third Board, listing on domestic and overseas exchanges, listing and refinancing, issuing bonds, mergers and acquisitions, etc. The cumulative reward amount will exceed 10 million yuan.
Among them, a total of 6 million yuan will be awarded in stages to companies listed on domestic and overseas capital markets, and full-process support will be provided from joint-stock reform rewards to successful listing rewards to support companies to accelerate the pace of listing; for the "New OTC Market" "The listed companies and their top-level companies will be given a reward of 1 million yuan and a reward of 500,000 yuan respectively; joint-stock enterprises and limited companies listed on the regional equity market and the China Securities Quotation Private Equity Market (China Securities Quotation) will be given a reward of 300,000 yuan and 300,000 yuan respectively. A reward of 15,000 yuan; for enterprises that issue bonds for financing, interest discounts will be provided in stages according to the actual interest payment amount of the financing amount. The maximum annual discount is 2 million yuan and the maximum discount is 6 million yuan.
In addition, the policy also has some very innovative provisions. For example, qualified private securities investment management companies will be rewarded based on 25% of their contribution to the local economy in the region that year, with a maximum annual reward of 20 million yuan for each institution.