Operating Performances

In the past seven years, ZGC Guaranty has made remarkable achievements in supporting SMEs and has preliminarily reached a goal of sustainable development in line with fully safeguarding the legal rights of creditors. The operating performances of ZGC Guaranty covering from year 2001 to the first half year of 2007 are given below:

Operating Performances of ZGC Guaranty

Unit: 100 million yuan

Social Benefits

By providing financing guarantees for SMEs, ZGC Guaranty plays an active role in facilitating SMEs’ development and achieves better social benefits.

1. Cultivating High Quality of Hi-tech SMEs

Among the list of 100 Innovation Enterprises Pilot of ZGC Science Park jointly initiated by the State Sci-tech Ministry, Beijing Municipal Government and Chinese Academy of Sciences in 2007, 40 of them were supported by ZGC Guaranty and their representatives include:

In the software field:
        LINUX Company, VENUSTECH Company and TOPSEC Company

In the field of integrated circuit:
        VIMICRO Corporation;

In the fields of computer and internet communication:
        HUAQI Information Digital Technology (Aigo) Company and HIGHLANDER Corporation

In the creative culture industry:
        SUMAVISION Technologies Company

In the new materials field:
        CITIC GUOAN MENGGULI Corporation

In the advanced manufacturing field:
        HOLLYSYS Company and Time Technologies Corporation

In the bio-engineering field:
        SINOVAC Company and HEALTHSTAR Corporation

In the fields of environment protection and new energy:
        LVCHUANG Corporation, PULEAD Company and LEADER & HARHEST Company

Of the enterprises supported by ZGC Guaranty, 16 were ranked by Deloitte Touche Tohmatsu (China) as Top 500 or Top 50 of Asia-Pacific region in 2004, 2005 and 2006 respectively.

Among the hi-tech enterprises guaranteed by ZGC Guaranty, five of them have successfully been listed in the NASDAQ stock market, four of them have successfully been listed in the domestic stock markets and four of them have entered into Charge d’affaires System of Share Transferring of Shenzhen Stock Market (so called “the Third Transaction System”).

2. Facilitating the Commercialization of Technology Results

Through guarantee supporting, more than 200 technologies with own IPR such as chips of integrated circuit, vaccines of SAS and birds flu, information security, computer processing system, fundamental software, and new medicine of top ranking have been effectively put into markets.

3. Driving the Enhancement of Social Economic Benefits

According to sampling statistics, for the enterprises guaranteed, their sales incomes are increased 15% in average; the taxes collected are increased 9% in average; 1.5 white-collar jobs are created by each million yuan of loan guaranteed in average while their total output values are 20% of the whole Science Park’s.

4. Promoting the Improvement of Regional Credit Environment

Along with constantly fostering and developing own creditability, ZGC Guaranty has been actively facilitating the improvement of regional credit environment and the establishment of social credit system. ZGC Guaranty, as one of the core members of ZGC Enterprises Credit Promoting Association, plays quite an important role in building credit system of Science Park. ZGC Guaranty takes the credit guarantee as a breakthrough point, encouraging enterprises to consciously use credit rating report and credit investigation report that could benefit the enhancements of enterprises’ credit abilities in return.

5. Fully Securing the Legal Rights of Social Creditors

ZGC Guaranty always positions itself as a public guarantor with certain social creditability. Therefore, it pays more attentions to its reputation and credit; fulfills its own obligations; tries its best to defend the stability and safety of financial market; and fully safeguards the legal rights and interests of social creditors. Since setting up, ZGC Guaranty has subrogated more than 40 defaulting loans in time and has made banks’ loans guaranteed hundred percent safety.

Economic Benefits

In line with achieving better social benefits, ZGC Guaranty also achieves better economic benefits which make it keep in a sustainable development state.

1. Keeping the Guarantee Capital in Appreciation

In present, ZGC Guaranty’s paid-in capital is 423 million yuan, the total assets are 632 million yuan and the net assets are 467 million yuan. ZGC Guaranty distributes its dividends each year and full ensures the interests of its shareholders.

2. Effectively Protecting from Risks through Own Accumulations

ZGC Guaranty always positions itself as a public guarantor with certain social creditability. Therefore, it pays more attentions to its reputation and credit; fulfills its own obligations; tries its best to defend the stability and safety of financial market; and fully safeguards the legal rights and interests of social creditors. Since setting up, ZGC Guaranty has subrogated more than 40 defaulting loans in time and has made banks’ loans guaranteed hundred percent safety.