Introduction
The Fixed Assets Loan refers to a mid and long-term loan issued by Hua Xia Bank to borrowers for fixed assets investments.

Category
The loan can be classified into infrastructure loan and technology renovation loan according to loan purpose: 
1. Infrastructure construction Loan: a mid and long-term loan used in infrastructure construction projects approved by the empowered authority. The infrastructure construction projects refer to aggregate engineering projects constituted or formed by one or several individual projects according to a master plan. It can be new project, expansion project, relocation of entire plant, and rehabilitation construction works.
2. Technology Renovation Loan: a mid and long-term loan used in technical renovation projects approved by relevant authorities. Technology renovation projects refer to upgrade or modification engineering ran by the company on its existing production and operation facilities with utilization of new technologies, new equipments, new processes, new materials for promotion and application of technological achievement.

Functions and Features
It is used in the construction, acquisition, modification, and installation of matching facilities in fixed assets projects. It features long loan life and large loan amount to address the borrower's investment needs. 

Target Clients
Any corporate approved for registration and annual inspection procedures by the Industry and Commerce Administration (or relevant authorities), projects complying with the State industrial policy and Hua Xia Bank credit policy and with the project proposal and feasibility study report approved by relevant government authorities.

Currency and Tenor
The currency can be in home and foreign currencies. The loan tenor is negotiated by and between the borrower and lender according to the borrower's production cycle, project construction needs, repayment capacity, and Hua Xia Bank's credit asset balancing capacity. The maximum tenor is 7 years.

Interest Rate
The loan interest rate is defined as per mid and long-term loan interest rate published by the People's Bank of China. The interest rate is reset annually as per loan contract, i.e. the loan interest rate is executed as per the loan contract rate starting from the enforcement date regardless of interest rate adjustment in banking sector; the interest rate is reset to the new and contemporary rate level upon one full year of execution.

Application Materials
1) Credit application; 
2) The borrower’s general introduction and qualification documents, loan certificate (card), letter of authorization; 
3) Name list and signature specimens of key executives on the Board of Directors and Financial Director Board resolutions and so on; 
4) Adequate and qualified tax registration certification of taxation authority's annual checking; 
5) Financial statements of the most recent period and for the recent three years audited or verified by accredited institutions; 
6) Construction project documents including the project background, self-finance fund, other sources of construction funding, production funding plan, proofs of source of fund, project proposal and approvals, feasibility study report and approval, project budget, status of project preparation report and documents, construction project planning permit; 
7) Guarantee documents including ID of the guarantor, financial document, document of guarantee commitment, list of pledge (mortgage) properties and title certificate; 
8) Other documents required by Hua Xia Bank.