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Zhongshan holds government-bank-enterprise networking meeting
Updated: 2020-06-01    Source: Zhongshan Daily Large Medium Small Print

On the morning of May 28, Zhongshan held a meeting between the government and various banks and enterprises and had a cooperation agreement signing ceremony. Twelve enterprises signed credit loan agreements with 12 banks respectively, obtaining a total of nearly 1.3 billion yuan of financing.

Staba Electric Co Ltd is an export-oriented enterprise. Affected by the epidemic in its foreign markets, the company's resumption of work and production plans were delayed, and the number of orders were reduced to some degree. At that critical moment, the company obtained 50 million yuan in credit loans from the Industrial and Commercial Bank of China Zhongshan Sub-branch. The loan greatly helped improve the company's recent financial difficulties.

Deng Yuhua, general manager of the company, said that holding the government-bank-enterprise networking meeting further enhanced the understanding and trust between enterprises and banks, and helped improve the effective integration of finance and enterprises.

In addition to the relevant departments' publicity of policies and the banks' promotion of credit products, the credit loan agreements of a number of projects that had been successful in their early stages were signed during the activity.

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