The discount rate of commercial bills issued by Ordnance Industry and Ordnance Equipment Group has been relatively stable, and the annualized interest rate is in the range of 2.96%-3.9% on the official website of the bank and enterprise discount.
The discounting process is simple, and it will arrive in the account within 1 minute at the earliest. The discount part can also be invoiced to facilitate accounting.
Based on information disclosed on August 1, 2024:
The credit data of the acceptance bill redemption of the Ordnance Equipment Research Institute of Ordnance Equipment Group in the bill exchange are as follows:
Name of acceptor: Ordnance Equipment Research Institute of China Ordnance Equipment Group
Cumulative acceptance: 3,243,725.63 yuan
Acceptance balance: 1,927,084.13 yuan
Cumulative overdue amount: 0.00 yuan
Overdue balance: $0.00
The credit data of Ordnance Equipment Group Finance Co., Ltd. in the bill exchange are as follows:
Name of acceptor: Ordnance Equipment Group Finance Co., Ltd
Cumulative amount of acceptance: 6,999,825,461.58 yuan
Acceptance balance: 5,907,696,718.72 yuan
Cumulative overdue amount: 0.00 yuan
Overdue balance: $0.00
The above data reflects the payment of the Finance and Ordnance Equipment Research Institute of Ordnance Equipment Group on July 31, 2024. It is worth noting that the above-mentioned companies did not have any overdue conditions during this period, showing a high credit for redemption.
Ordnance Equipment Group Co., Ltd. is an important state-owned backbone enterprise directly managed by the central government, the core force of national defense science and technology industry, and one of the most dynamic military-civilian super-large military industrial groups in China. The company has a good reputation, which is reflected in the following aspects:
Solvency: On June 22, 2022, United Credit Rating Co., Ltd. determined to maintain its long-term credit rating of AAA and maintain the credit ratings of "16 Uniform 02", "16 Uniform 05", "17 Uniform 04", "17 Uniform 05", "17 Uniform 06", "17 Uniform 08", "17 Uniform 09", "19 Uniform 05", "20 Uniform 02" and "21 Uniform Y1". AAA, "22 Armor S1" has a credit rating of A-1 and a stable outlook.
Revenue performance: In 2023, the group's annual operating income will increase by 7.6% year-on-year, a record high of the same caliber, and the total profit will increase by 10.5% year-on-year.
Enterprise management: In recent years, the group has helped high-quality development with professional integration, fully promoted the professional restructuring of 22 enterprises, and realized the transformation of reorganized enterprises from "scattered to gathered, from small to large, from weak to strong", and the overall R&D and innovation capabilities, advanced manufacturing capabilities, quality levels and operating benefits have been greatly improved, the development cycle has been halved, the production capacity has doubled, the leading products have a pass rate of 100%, and the research and development of unmanned intelligent products has made substantial breakthroughs.
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