Agricultural Development Bank of China Bozhou Branch provides 200 million yuan to support land transfer to promote the development of cotton industry
In early autumn, in the planting base of Bole City Juxin Cotton Co., Ltd. (hereinafter referred to as “Juxin Cotton”) supported by the Bozhou Branch of the Xinjiang Uygur Autonomous Region, there are criss-crossing roads, flat land, and cotton growth It is gratifying, and new scenes of prosperous industries and rich people are showing everywhere.
In March this year, Bozhou Branch issued a working capital loan of RMB 200 million to Juxin Cotton Industry for rural land transfer and large-scale operations, supporting its transfer of 153,900 acres of modern planting bases, and facilitating the company’s cooperation with 14 administrative offices in Bole City Farmers in the village signed a land management right transfer contract at a price of 1,300 yuan/mu per year, which has a good demonstration and driving effect in further accelerating the large-scale management of rural land and promoting the integrated development of primary, secondary and tertiary industries in Bozhou.
It is understood that Juxin Cotton Industry is the leading enterprise in Bozhou’s cotton industry. In recent years, Juxin Cotton has relied on the resource endowment of the cotton industry to build high-standard cotton fields through rural land transfer and large-scale land management models in accordance with the principles of “moderate concentration, cost savings and efficiency, improvement of quality, and stabilization of total output” to achieve Control the entire process of cotton varieties, planting patterns, field management, picking, storage and transportation, processing, and sales, and continue to promote the high-quality development of the local cotton industry.
“The availability of funds has effectively alleviated our shortage of funds during the land transfer process.” Li Yunfeng, general manager of Juxin Cotton Industry, said. In the early stage, in order to ensure the timely and rapid disbursement of funds, Bozhou Branch took the initiative to integrate emotions, financing and intelligence, combined with the actual situation of the region and enterprises, explored the establishment of the “enterprise + cooperative + farmer” model, formulated personalized financing plans, and organized special teams to follow up on loan reviews. , approval, and issuance of the entire process to effectively ensure funding needs.
With the support of credit funds from Bozhou Branch, Juxin Cotton Industry has connected contiguous small plots of land into large fields, effectively integrating and optimizing land resources, reducing planting costs, and significantly increasing cotton output. At the same time, Bozhou Branch actively guides Juxin Cotton Industry to provide employment positions for the surplus labor force, increase farmers’ income in various forms, and contribute policy-based financial power to promote the comprehensive rural revitalization of the local area.
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