Project background:

A petrochemical company is a comprehensive enterprise engaged in oil extraction, processing, sales and logistics. It has multiple production bases and sales outlets, and its annual operating income exceeds100Billions of dollars. The company has been expanding its scale and market share in recent years, while also facing problems such as increased capital demand, rising financing costs, and credit risk exposure.

Customer pain points:

When the enterprise conducts credit transactions with banks, suppliers, customers, etc., it lacks effective credit certificates, which leads to problems such as increased transaction costs, limited credit limits, and low credit ratings. The enterprise hopes to improve its credit transparency and credit level, reduce financing costs and enhance market competitiveness through professional credit reporting.

Project purpose:

The enterprise commissioned Shangpu Consulting to provide it with a comprehensive, accurate and objective credit report, including the following:

Basic information of the enterprise, such as name, registered address, legal representative, registered capital, equity structure, etc;

Business conditions, such as major products and services, major customers and suppliers, market share, revenue and profit;

The financial position of the enterprise, such as balance sheet, profit statement, cash flow statement, etc;

The creditworthiness of the enterprise, such as bank credit, debt repayment capacity, guarantees, litigation disputes, etc;

Enterprise risk assessment, such as industry risk, market risk, business risk, financial risk, etc;

Corporate credit ratings, such as rating standards and methods, rating results and opinions.

Research object:

The research objects of the project include the following categories:

The enterprise itself, through the collection of relevant documents and on-site interviews, to understand its basic situation and internal management;

The bank partner of the enterprise, by querying relevant data and conducting telephone interviews to understand its credit status and repayment records;

The business's key suppliers and customers, by sending them questionnaires and conducting telephone interviews to understand their transactions and credit ratings;

People's Bank of China Credit Center1, print the enterprise credit report by applying to it.2to understand their credit records with financial institutions;

The administrative department for industry and commerce, by inquiring about relevant data and supporting documents, understands its registration information and legal disputes.

Project Content:

The main contents of the project include the following steps:

Sign a rating agreement to clarify the rights and obligations of both parties;

Set up a rating project team to assign work tasks and time nodes;

Conduct due diligence and collect and verify relevant information;

Data analysis, the use of rating methods and models, to obtain preliminary rating results;

After three levels of review, submitted to the credit review committee to determine the final rating results;

Prepare rating reports and feedback the rating results to the client and the appraised party.

Project Value:

The main value of the project is reflected in the following aspects:

It provides an authoritative, professional and fair credit report for the enterprise, improves its credit transparency and credit level, helps it establish good credit relations with banks, suppliers and customers, reduces transaction costs and improves market competitiveness;

It provides a comprehensive, in-depth and objective risk assessment for the enterprise, reveals its potential risks and room for improvement, and helps it to improve its internal management, optimize its business strategy and improve its risk prevention ability;

It provided Champ Consulting with an opportunity to showcase its professional capabilities and service levels, enhanced its visibility and influence in the petrochemical industry, expanded its potential customers and partners, and promoted its business development and revenue growth.