There is a list of corporate names that have been affixed with black labels. These were extracted from the list of 262 credit bankruptcies first announced by the Zhejiang Administration for Industry and Commerce on December 2. Chemical companies that have business contacts with these companies must pay attention to them. : Zhejiang Shuanghua Chemical Supply and Sales Co., Ltd., Zhejiang Huaxing Chemical Co., Ltd., Zhejiang Petrochemical Company, Zhejiang Chemical Fertilizers and Pesticide Industry Company, Zhejiang Zhonghai Petrochemical Company Limited, Zhejiang Yanhang Petrochemical Industry Co., Ltd., Zhejiang Zhonggu Grease Trade Co., Ltd., Zhejiang Tongda Chemicals Co., Ltd., Harbin Huaer Chemical Co., Ltd. Zhehua Market Management Department, Zhejiang Jien Biotechnology Development Co., Ltd. Now, as long as you log on the website of the Zhejiang Industry and Commerce Bureau or Zhejiang Enterprise Credit Network (.org.cn), you can view the related credit status of Zhejiang enterprises. Six grades, green, blue, yellow and black, each company is affixed with an eye-catching 'credit label', which makes people at a glance. After a great deal of practice, the Zhejiang Provincial Administration for Industry and Commerce took the lead in putting forward new measures for classifying and supervising enterprises on the basis of credit evaluation, and took the November 30, 2004 as a unified starting point, and carried out the first credit rating for enterprises in the province. Evaluation. The four levels of color and six levels According to the just-implemented "Administrative Measures on Corporate Credit Supervision of Zhejiang Provincial Administration for Industry and Commerce", the industry and commerce administrative departments at all levels conduct a comprehensive evaluation of the credit rating of the province's enterprises, and implement classification supervision on this basis. Corporate credit rating is divided into AAA, AA, A, B, C, D six levels from high to low. These six grades are respectively represented by four colors: AAA grade indicates excellent credit, AA grade indicates good credit, A grade indicates credit stability—the above three levels are expressed in green, and grade B indicates credit fluctuation—in blue Representation; Grade C indicates low credit—in yellow; Grade D indicates credit bankruptcy—in black. On December 2, the provincial industrial and commercial department publicized the results of the first credit evaluation. The previous list was part of the enterprises that had been 'black-labeled'. These companies have been revoked their business licenses. In addition, 125 companies such as Zhejiang Chuanhua Group were rated as AAA credit-worthy enterprises, another 1,168 were AA-grade credit-worthy companies, and 4,675 were A-grade credit-stabilized enterprises, all of which were affixed with green labels. Classification supervision has a degree of relaxation Since the company's credit rating is different, supervision and service focus will be different. For enterprises above Class A, the day-to-day inspection and supervision of Zhejiang's industry and commerce departments is relatively low, with emphasis on providing services. The focus of work is on helping companies to improve their legal operations and credit management standards. In the reporting and protection of well-known, well-known trademarks, well-known trade names, etc. to focus attention, to obtain and accumulate more credit assets and enhance credit competitiveness. In addition to carrying out special inspections, inspections of key industries, and reporting and complaints, it will implement a visit system for key enterprises, focusing on annual inspections, and conducting cross-year inspections. For enterprises in Classes B and C, the industrial and commercial departments will limit their participation in the evaluation and recommend that relevant departments cancel their honorary titles. At the same time, in line with the characteristics of the company itself, it has provided guidance and assistance through inspections and credit management to help enterprises improve their operations and management, and improve their legal management and credit management. For the D-level, that is, credit bankruptcy enterprises, strict supervision will be implemented and their untrustworthy behaviors will be severely punished. As the key point of business-to-business credit supervision, it is mainly the postponement supervision of such enterprises after they cease operations, and they are inspected at any time as required. When such companies are required to handle related businesses, they will also be subject to strict restrictions. Before the dynamic monitoring of immediate feedback, the business sector’s control over the credit status of enterprises often lags behind, which is not conducive to management. The involvement of information technology provides powerful support for instant feedback and dynamic management of information. For a C-class enterprise, the computer management system will automatically issue an assistance alert when the company is under investigation or is required to go through and fail to handle the relevant procedures. The staff may take specific measures such as not handling, patrolling, informing, admonishing, filing or cancelling credit assets that have been obtained according to the situation, and prompting other relevant government departments to draw attention or propose appropriate measures. Another example is a D-class enterprise. As long as one of the following situations occurs, the enterprise's computer management system will automatically issue a black alarm for the restriction to inform the enterprise that the credit is bankrupt and automatically include the company in the credit blacklist. If the law stipulates that it is not allowed to engage in related activities, but makes relevant requirements; there are laws and regulations that may not serve as legal representatives, managers, directors, and supervisors of the company, but apply for registration; other departments shall apply for restrictions according to law, etc. At the same time, the blacklist of these credit bankruptcies will be made public to serve as a warning and supervision. The enterprises welcomed the new initiative of your self-disciplined colored label and were welcomed by Zhejiang enterprises. Wang Fengying, the manager of the financial department of Zhejiang Xin'an Chemical Group, said that the establishment of a credit rating system provided a way for companies to better understand each other's creditworthiness when doing business with customers. The increase in supervision has also played a positive role in promoting corporate credit self-regulation. Under the colored label, more companies are aware of the importance of credit self-regulation. On December 3, the “Zhejiang Enterprise Credit Promotion Association” initiated by five companies including Zhejiang Transchem Group Co., Ltd. and Hangzhou Iron & Steel Group Co., Ltd., was established in Hangzhou. At the inaugural meeting, member companies also jointly published the nation’s first corporate “Credit Declaration” and opened the “Zhejiang Enterprise Credit Network”. Entrepreneurs are very enthusiastic about joining, with 363 first group members and 38 individual members. Among them, the AAA-level contract-crediting units accounted for the vast majority. It is generally believed that the improvement of the credit supervision system will help create a sincere and healthy market environment. It will play an irreplaceable role in establishing a good credit image for Zhejiang enterprises and enhancing their market competitiveness.

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