The Pearl River Delta enterprises are in a normal renewal and replacement. Collapse tide A few days ago, Huatai Securities issued the "Dongguan small and medium enterprises research bulletin", saying that the expansion of the PRD enterprises was relatively prudent. The loan to deposit ratio of Dongguan's banking industry was stable at around 55%, lower than the national level. The default rate of SMEs in Dongguan is less than 1%, and endogenous financing is widespread.

It is understood that Dongguan The local government is actively helping small and medium-sized enterprises to develop financing channels and build bridges between banks and small and medium-sized enterprises. According to the statistics of the relevant departments in Dongguan, the loan and deposit of the banking industry in this area has been at a low level. The loan to deposit ratio is below 60%, which is stable at about 55%, lower than the national level, and the loanable funds in the banking system are still sufficient. In addition, the default rate of SMEs in Dongguan is less than 1%, and there is basically no fear of default in the credit system of SMEs.

Huatai Securities Strategy Research Group believes that financing is not the main problem faced by SMEs in Dongguan. Enterprises can solve their problems by adjusting their own development strategies and seeking government support. According to the local financial bureau of Dongguan, local private capital is relatively abundant, and private capital has gradually withdrawn from the real estate industry. Finance Institutions (such as loan companies, Guarantee Corporation, etc.) and abroad, in addition, two or three line cities property property also diverted some private capital. At present, there are 11-12 small loan companies and 43 Guarantee Corporation in Dongguan.