The XPCC actively carries out the integrity management evaluation and management of cotton processing enterprises
On December 21, the reporter learned from the XPCC Market Supervision and Administration Bureau that next year the XPCC will regulate the basic technical conditions, acquisition and processing, warehousing inspection, and fulfillment of cotton processing enterprises Qualityobligations, truthful issuance of bills, bank credit, violations of laws and regulations, credit records, etc. are comprehensively evaluated to determine four credit grades of A, B, C, and D for honest management.
The Corps will provide key support to A-level credit companies in corporate financing, brand creation, etc.; it will focus on monitoring D-level credit companies and will not be included in the new annual cottontarget within 2 years. PriceReform disclosure scope, issuance of invoices is not a valid instrument for payment of subsidies, cotton growers who sell seed cotton to D-level credit companies cannot receive cotton target price reform subsidies, and records of dishonesty will be exchanged to the National Enterprise Credit Information Disclosure after review System (Corps), has been rated as a D-level credit enterprise twice in total, and is prohibited from entering the scope of the cotton target price reform announcement. If an enterprise rated as D-level credit changes its legal person or company name, the enterprise’s credit rating and the credit of the original legal person will not be affected after the change. Change.
“In recent years, the Corps has been actively promoting the construction of the integrity system of cotton processing enterprises, effectively combining quality credit classification supervision with integrity management rating assessments, and promoting the linkage of quality credit with brand creation, corporate financing, government subsidies, etc. Guide enterprises to establish correct integrity management concepts. In July 2022, the XPCC Market Supervision Department and relevant departments completed the evaluation of the integrity management of 293 cotton processing companies and supervised them according to credit risk levels.” Deputy Director of the Supervision Division of the XPCC Market Supervision Bureau Tao Weiguo said that the Corps will further strengthen the in-process and ex-post supervision of the acquisition, processing and circulation of cotton processing enterprises, maintain the order of the cotton market, implement the Corps’ cotton target price policies and measures, and establish a market-oriented modern cotton processing and circulation system; in cotton In terms of quality supervision, we insist on ensuring the bottom line of quality and strengthening the high line of quality, and continue to increase supervision and inspection efforts to support the high-quality development of the XPCC cotton industry with efficient and powerful supervision.
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