2. The loan interest is charged at the annual interest rate of 8% and paid quarterly. At the same time, Mr. Mao, the controlling shareholder of the borrower, has pledged 657,900 shares of the borrower (equivalent to 65,438+02.5% of the borrower's total share capital) and made an unconditional and irrevocable guarantee to the lender to ensure that the borrower can repay the loan on time. In addition, according to the loan agreement, the lender has the right (but not the obligation) to subscribe for new equity with the loan principal amount of RMB 25 million by serving a notice of share conversion to the borrower during the share conversion period, and convert all (but not part) of the loan into the borrower's equity on the loan maturity date.
3. Assume that the conversion right attached to the loan is exercised by the lender, and after the subscription of new shares is completed, the lender will immediately hold the borrower's 12.5% of the enlarged paid-in share capital. The existing shareholders of the Borrower have agreed that the Lender will subscribe for new shares, and have agreed to give up their preemptive right to subscribe for new shares. The above borrower is Shanghai Pinzhi Investment Management Co., Ltd., a limited company established in China, which mainly provides continuing professional education and training for employees in the health care industry in China. Mr. Mao is the controlling shareholder of the borrower and holds 56.05% equity of the borrower on the announcement date. The company believes that entering into a loan agreement can not only generate fixed interest income, but also provide opportunities for the company to enjoy the borrower's development, and may generate synergistic benefits with the company's current business in the health care industry in China.
Business leaders and experts put forward the following suggestions:
The first is to innovate collateral with new technologies. Zhu Yan, president of Tsinghua University Internet Industry Research Institute, believes that Internet of Things technology can turn every order into collateral. Enterprises can issue asset securitization products based on transaction credit to finance, which will open up new financing channels for private enterprises without mortgage guarantee but with good operating efficiency.
The second is to play the role of Internet banking. Luo Zhi, director of China New Private Economy Research Center of Wuhan University, believes that compared with traditional banks, Internet banks and supply chain banks can control money and goods by combining big data such as invoices, orders and goods of enterprises, thus reducing the requirements of banks for corporate collateral and providing new ways for corporate financing.