Changes in the content and form of credit reports of 1. enterprises.

According to the Measures for the Administration of Credit Investigation Services (CBRC Order No.2006No.) Article 18 stipulates that credit reporting agencies shall, in accordance with relevant national regulations, implement internal management systems for collecting, storing, processing, providing credit information and other related activities, and ensure that the credit information provided is true, accurate and complete. In order to adapt to social and economic development and market demand, credit agencies continue to adjust and optimize the content and form of corporate credit reports to make them more scientific, reasonable and standardized.

1. Changes in the content of corporate credit reports.

The contents of the enterprise credit report mainly include the following aspects:

Enterprise basic information: including enterprise name, unified social credit code, registration number, legal representative, registered capital, date of establishment, operating period, operating status, registration authority, etc.

Corporate financial information: including balance sheet, profit statement, cash flow statement, etc.

Corporate debt information: includes bank loans, non-bank loans, bond issues, etc.

Enterprise guarantee information: including external guarantees and guarantees obtained.

Enterprise public record information: including administrative penalties, judicial decisions, arbitration awards, etc.

Other relevant information of the enterprise: including intellectual property information such as patents, trademarks, copyrights, and other information that can reflect the business status and risk level of the enterprise.

With the expansion of credit data sources and the improvement of data quality, the content of enterprise credit reports is constantly enriched and improved. For example, in recent years, credit bureaus have increased corporate tax information, social security information, environmental protection information, e-commerce information, etc., to reflect the performance of corporate taxation, social responsibility, green development, and digital transformation. In addition, credit agencies have also introduced third-party data, such as industry associations, rating agencies, media, etc., to provide more diversified and comprehensive corporate credit information.

2. Changes in the form of corporate credit reports.

The form of enterprise credit report mainly includes the following:

Enterprise Credit Report (Standard Edition): It is the most complete and detailed enterprise credit report provided by the credit bureau to the inquirer, which contains all the credit information of the enterprise and is applicable to all kinds of major credit transactions and decisions.

Enterprise Credit Report (Short Edition): A simplified version of the enterprise credit report provided by the credit bureau to the inquirer, which contains only the basic information and important credit information of the enterprise, and is suitable for general credit transactions and decision-making.

Enterprise credit report (self-inquiry version): It is an exclusive version of the enterprise credit report provided by the credit agency to the enterprise itself, which contains all the credit information of the enterprise, and is accompanied by interpretation instructions, which is suitable for enterprise self-understanding and self-management.

Enterprise credit report (independent inquiry short version): is a simplified version of the exclusive version of the enterprise credit report provided by the credit bureau to the enterprise itself, which only contains the basic information and important credit information of the enterprise, and is accompanied by interpretation instructions, which is suitable for the rapid understanding and daily maintenance of the enterprise.

With the innovation and diversification of credit reporting services, credit reporting agencies continue to adjust and optimize the form of corporate credit reports to make them more in line with the needs of different inquirers and different scenarios. For example, in recent years, credit bureaus have launched new credit reporting products such as intelligence, customization and visualization based on big data analysis and artificial intelligence technology, such as enterprise risk assessment reports, industry analysis reports, market research reports, etc., in order to provide more accurate and in-depth enterprise credit evaluation and consulting services.

Changes in the ways and channels of inquiry for credit reports of 2. enterprises

According to Article 26 of the measures for the Administration of Credit Information Business, credit agencies shall, in accordance with the relevant provisions of the state, establish and improve the security system of credit information, and take effective measures to prevent the disclosure, tampering or illegal use of credit information. In order to ensure the security and legal use of credit information, credit bureaus strictly manage and standardize the inquiry methods and channels of enterprise credit reports.

1. Changes in the way the enterprise credit report is queried.

Enterprise credit report query methods mainly include the following:

Online query: refers to the way of online query through the Internet platform. This method has the advantages of convenience, real-time update and low cost, and is the most common and popular query method at present. Online inquiries require registration of an account and real-name authentication, and different types of service packages are selected according to different types of inquirers.

Network inquiry: refers to the way of on-site inquiry through the entity network established by the credit bureau or its cooperative institution. This method has the advantages of security and reliability, professional service, high confidentiality, and is necessary for some important or sensitive query scenarios. Network inquiries need to carry valid identity documents and authorization documents, and in accordance with the procedures and requirements of the network to carry out inquiries.

Self-service query: refers to the self-service query through the self-service query machine set up by the credit reporting agency or its cooperative agency. This method has the advantages of simple operation, flexible time and low cost, and is suitable for some convenient or urgent query scenarios. Self-service query requires a valid ID and authorization file, and follow the prompts of the self-service query machine to query.

With the development of credit information technology and the innovation of credit information services, credit information agencies continue to improve and optimize the query methods of enterprise credit reports to make them more intelligent, convenient and secure. For example, in recent years, credit bureaus have introduced authentication methods based on biometric technologies such as face recognition, fingerprint recognition, and voiceprint recognition to improve the identity security and information confidentiality of inquirers. In addition, credit bureaus have also introduced data sharing and data protection methods based on emerging technologies such as blockchain, cloud computing, and big data to improve the authenticity and reliability of data.

2. Changes in the search channels for corporate credit reports

Enterprise credit report inquiry channels mainly include the following:

The Credit Information Center of the People's Bank of China: It is a national-level comprehensive credit information agency, responsible for collecting, processing, preserving and providing the credit information of financial institutions, non-financial institutions and individuals, and building and operating the national financial credit information basic database. The Credit Reference Center of the People's Bank of China provides services such as enterprise credit reports (standard version), enterprise credit reports (simplified version), enterprise credit reports (independent inquiry version), and enterprise credit reports (independent inquiry simplified version).

China Enterprise Credit Information System: It is a national-level professional credit information agency, responsible for collecting, processing, preserving and providing business registration management departments, taxation departments, customs departments and other government departments and industry associations to register, supervise or supervise enterprises. All kinds of information formed by evaluation, build and operate the national enterprise credit information publicity system. The China Enterprise Credit Information System provides services such as publicity services for basic information of enterprises, publicity services for annual reports of enterprises, publicity services for the list of abnormal business operations of enterprises, and publicity services for the list of serious violations of law and dishonesty of enterprises.

China Internet Finance Association: It is a national-level industry-based credit agency responsible for collecting, processing, preserving and providing relevant information on various entities in the field of Internet finance (including Internet financial platforms, Internet financial users, etc.), and building and operating the national Internet Financial registration and disclosure platform. The China Internet Finance Association provides services such as basic information disclosure services for Internet financial platforms, business data disclosure services for Internet financial platforms, and risk early warning disclosure services for Internet financial platforms.

Other credit reporting agencies: In addition to the above three national credit reporting agencies, there are also some local or professional credit reporting agencies, such as the credit reporting sub-centers of the People's Bank of China in various provinces and cities, the enterprise credit information systems of local industrial and commercial bureaus, and various industry associations. Credit information systems, etc., also provide corporate credit reports or related services, but their data sources, data scope, and data quality may be different.

With the opening of the credit information market and the diversification of credit information services, the cooperation and competition between credit information agencies are constantly strengthening and deepening to meet the inquiry needs of different industries, different fields and different levels. For example, in recent years, credit bureaus have established mechanisms for data sharing and data exchange to achieve data interconnection and complementarity. In addition, credit agencies have also carried out cooperation in product development and product promotion to achieve product differentiation and characteristics.

The Influence of 3. Enterprise Credit Report on Enterprise Operation and Development

Enterprise credit report is an important embodiment of enterprise credit status and an important basis for enterprise management and development. Corporate credit reports have the following implications for business operations and development:

1. Affect the financing capacity of enterprises.

Enterprise financing is an important part of enterprise management and development, and enterprise credit report is an important basis for enterprise financing. Generally speaking, the better the enterprise credit report, the easier it is for the enterprise to finance; on the other hand, the worse the enterprise credit report, the more difficult it is for the enterprise to finance. Specifically, the impact of an enterprise's credit report on its ability to finance is reflected in the following areas:

Influencing financing channels: Different types of financing channels have different requirements for corporate credit reports. Generally speaking, formal financing channels such as bank loans and bond issuance have higher requirements for corporate credit reports, which require companies to provide complete, accurate and timely credit information, and pass strict review and evaluation; while private lending, equity investment, etc. Informal financing channels have lower requirements for corporate credit reports, and only require companies to provide basic, simple and reliable credit information, and through simple communication and consultation. Therefore, if the enterprise credit report is better, you can choose more and better financing channels; if the enterprise credit report is poor, you may only be able to choose a few or inferior financing channels.

Impact on financing costs: Different types of financing channels respond differently to corporate credit reports. Generally speaking, formal financing channels such as bank loans and bond issuance are more sensitive to corporate credit reports, and will adjust interest rates, maturities, guarantees and other financing conditions according to corporate credit status; while informal financing channels such as private lending and equity investment The response to corporate credit reports is relatively slow, and financing conditions such as interest rates, maturities, and guarantees will be determined according to market conditions or personal wishes. Therefore, if the enterprise credit report is better, it can enjoy lower and more favorable financing costs, and if the enterprise credit report is poor, it may have to bear higher and more expensive financing costs.

Impact on financing efficiency: Different types of financing channels deal with corporate credit reports differently. Generally speaking, formal financing channels such as bank loans and bond issuance are more complicated to deal with corporate credit reports, requiring companies to provide a large amount of credit information, and conduct various audits and evaluations; while private lending, equity investment and other informal Financing channels are relatively simple to deal with corporate credit reports, requiring companies to provide a small amount of credit information, and conduct simple communication and negotiation. Therefore, if the enterprise credit report is better, it can improve the financing efficiency and shorten the financing time, and if the enterprise credit report is poor, it may reduce the financing efficiency and extend the financing time.

2. Affect the business ability

Enterprise management is the core link of enterprise survival and development, and enterprise credit report is an important reference for enterprise management. Generally speaking, the better the enterprise credit report, the smoother the business operation. Specifically, the impact of an enterprise's credit report on its ability to operate is reflected in the following areas:

Affect market competition: Different types of market competition attach different importance to enterprise credit report. Generally speaking, formal market competition such as government procurement, bidding and international trade pays more attention to enterprise credit reports, which requires enterprises to provide complete, accurate and timely credit information and serve as an important basis for competition. However, informal market competition such as personal consumption, social services and online transactions pay less attention to enterprise credit reports, and only requires enterprises to provide basic, simple and reliable credit information, and as an auxiliary factor for competitive reference. Therefore, if the enterprise credit report is better, it can enhance market competitiveness and expand market share; if the enterprise credit report is poor, it may weaken market competitiveness and reduce market share.

Affect customer relationships: Different types of customer relationships rely differently on corporate credit reports. Generally speaking, formal customer relationships such as long-term cooperation, large-value transactions, and high-risk projects rely heavily on corporate credit reports, and require companies to provide complete, accurate and timely credit information, and serve as an important basis for cooperation selection and cooperation maintenance; while informal customer relationships such as short-term cooperation, small-value transactions, and low-risk projects rely less on corporate credit reports, only need enterprises to provide basic, simple and reliable credit information, and as a cooperative choice and cooperative maintenance of auxiliary factors. Therefore, if the enterprise credit report is better, it can enhance customer relations and improve customer satisfaction, and if the enterprise credit report is poor, it may damage customer relations and reduce customer satisfaction.

Impact on supply chain management: Different types of supply chain management make different use of corporate credit reports. Generally speaking, formal supply chain management such as upstream suppliers, downstream distributors and intermediate logistics providers has a high degree of utilization of enterprise credit reports, which requires enterprises to provide complete, accurate and timely credit information and serve as an important basis for supply chain selection and supply chain optimization. However, informal supply chain management such as self-produced and self-sold, direct sales terminals and self-owned logistics has a low degree of utilization of enterprise credit reports, it is only necessary for enterprises to provide basic, simple and reliable credit information and serve as an auxiliary factor in supply chain selection and supply chain optimization. Therefore, if the enterprise credit report is better, it can optimize supply chain management and reduce supply chain costs, and if the enterprise credit report is poor, it may affect supply chain management and increase supply chain costs.

3. Affect enterprise development ability

Enterprise development is the ultimate goal of enterprise survival and development, and enterprise credit report is an important guarantee for enterprise development. Generally speaking, the better the enterprise credit report, the smoother the enterprise development; on the contrary, the worse the enterprise credit report, the more difficult the enterprise development. Specifically, the impact of an enterprise's credit report on its ability to develop is mainly reflected in the following areas:

Affect brand image: Different types of brand image have different degrees of association with corporate credit reports. Generally speaking, formal brand image has a high degree of relevance to corporate credit reports, which requires companies to provide complete, accurate and timely credit information as an important basis for brand building and brand communication; while informal brand image has a low degree of relevance to corporate credit reports, which only requires companies to provide basic, simple and reliable credit information and serve as an auxiliary factor for brand building and brand communication. Therefore, if the enterprise credit report is better, it can enhance the brand image and increase the brand value, and if the enterprise credit report is poor, it may reduce the brand image and reduce the brand value.

Influence innovation ability: Different types of innovation ability have different degrees of support for enterprise credit report. Generally speaking, formal innovation ability has a high degree of support for enterprise credit reports, which requires enterprises to provide complete, accurate and timely credit information as an important basis for innovation input and innovation output; while informal innovation ability has a low degree of support for enterprise credit reports, which only requires enterprises to provide basic, simple and reliable credit information, And as an auxiliary factor of innovation input and innovation output. Therefore, if the enterprise credit report is better, it can promote the innovation ability and increase the innovation effect, and if the enterprise credit report is poor, it may hinder the innovation ability and reduce the innovation effect.

Impact on social responsibility: Different types of social responsibility reflect different degrees of corporate credit reports. Generally speaking, formal social responsibility has a high degree of reflection on corporate credit reports, which requires enterprises to provide complete, accurate and timely credit information, and serve as an important basis for social responsibility performance and social responsibility evaluation; while informal social responsibility has a low degree of reflection on corporate credit reports, which only requires enterprises to provide basic, simple and reliable credit information, and as a social responsibility performance and social responsibility evaluation of the auxiliary factors. Therefore, if the enterprise credit report is better, it can reflect social responsibility and win social respect; if the enterprise credit report is poor, it may damage social responsibility and lose social trust.

How 4. Enterprises Maintain and Improve Their Credit Reports

Enterprise credit report is an important embodiment of enterprise credit status, and also an important basis for enterprise operation and development. Therefore, enterprises should pay attention to and pay attention to their own credit reports, and take the following measures to maintain and improve their own credit reports:

1. Actively query your own credit report

Enterprises should regularly check their own credit reports, understand their own credit status, timely detection and correction of errors or omissions in credit information. Enterprises can inquire about their own credit reports (self-inquiry version) or their own credit reports (self-inquiry version) through online inquiry, network inquiry and self-service inquiry provided by credit bureaus, and understand and analyze their own credit information according to the interpretation instructions provided by credit bureaus. If errors or omissions are found in the credit information, the enterprise shall promptly file an application for objection to the credit reporting agency, provide relevant supporting materials, and require the credit reporting agency to verify and correct it.

2. Actively improve their own credit situation

Enterprises should actively improve their own credit status, avoid bad or dishonest credit information, improve their own credit level. Enterprises can improve their credit status through the following efforts:

Standardize operation and management: enterprises should abide by national laws and regulations and industry norms, standardize operation and management, ensure that the operation is legal, compliant and reasonable, and avoid illegal or immoral business behaviors, such as tax evasion, environmental pollution, infringement and piracy, etc.

Fulfillment of contractual obligations: Enterprises should be honest and trustworthy, fair trade, perform contractual obligations, ensure the validity, integrity and timeliness of the contract, and avoid contractual acts of breach of contract or fraud, such as default on payment, evasion of debts, false propaganda, etc.

Debt repayment liability: The enterprise shall repay the debt liability on time and in accordance with the amount, ensure the sustainability, stability and safety of the debt, and avoid overdue or unable to repay the debt behavior, such as default interest, overdue repayment, default and termination.

Provide guarantee liability: enterprises should be cautious to provide guarantee liability, to ensure the reasonableness, necessity, controllability of the guarantee, to avoid excessive guarantee or inability to guarantee the guarantee behavior, such as blind guarantee, serial guarantee, guarantee default.

3. Actively use your own credit report.

Enterprises should actively use their own credit reports to demonstrate their credit advantages and enhance their competitiveness and market reputation. Enterprises can use their credit reports through the following efforts:

Improve financing capacity: Enterprises can use their own credit reports to financial institutions or other financiers to show their good financial position and solvency, strive for more and better financing channels, enjoy lower and more favorable financing costs, and improve financing efficiency.

Improve business capabilities: Companies can use their own credit reports to show their excellent business conditions and credit levels to market competitors or partners, strive for more and better market share, enhance more and more stable customer relationships, and optimize more and more efficient Supply chain management.

Improve development capabilities: Companies can use their own credit reports to show their excellent development status and credit level to their brand image or innovation capabilities, enhance a higher and more valuable brand image, promote more and more effective innovation capabilities, and reflect more and more Responsible social responsibility.

Conclusion

Enterprise credit report is a document that comprehensively records all kinds of economic activities of enterprises and reflects the credit status of enterprises, and is the basic product of enterprise credit system. With the development of social economy and the innovation of credit business, enterprise credit report is constantly changing and improving to meet the market demand and legal norms. This paper analyzes the changes in the content and form of enterprise credit reports, the changes in the inquiry methods and channels of enterprise credit reports, the impact of enterprise credit reports on the operation and development of enterprises, and how enterprises maintain and improve their own credit reports. The purpose is to provide some useful references and suggestions for enterprises to make better use of credit reports and improve their competitiveness and market reputation.

Shangpu Consulting Company is a company specializing in corporate credit consulting services. It has rich industry experience and professional knowledge to provide customized, professional and efficient credit consulting services for various enterprises. Champu Consulting has provided credit consulting services for the following specific cases:

Case 1: A manufacturing enterprise due to poor management, there are a large number of overdue loans and guarantee defaults, resulting in serious damage to its credit report. Shangpu Consulting Company provided the company with a complete set of credit repair plans, including negotiating repayment plans with creditors, negotiating guarantee responsibilities with guarantors, and applying for objection verification with credit agencies, and assisting the company in implementing the plan. The company successfully improved its credit status and restored normal financing channels.

Case 2: A trading enterprise needs to apply for a loan from a foreign bank because it is involved in an international trade project. Shangpu Consulting Company provided a complete set of credit evaluation plan for the enterprise, including collecting and sorting out the credit information of the enterprise in various credit reference agencies at home and abroad, analyzing and evaluating the credit level of the enterprise in the international market, making and submitting the credit report of the enterprise in line with international standards, and assisting the enterprise in implementing the plan, Finally, the enterprise successfully obtained the loan approval from foreign banks.

Case 3: A service company needs to show its advantages to potential customers because it wants to expand its market share. Shangpu Consulting Company provides a complete set of credit display scheme for the enterprise, including collecting and sorting out the credit information of the enterprise in various credit bureaus, analyzing and summarizing the credit advantages of the enterprise in various aspects, making and publishing the attractive credit publicity materials of the enterprise, and assisting the enterprise to implement the scheme, which finally makes the enterprise successfully attract more potential customers, improve their own market competitiveness.