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Zhongshan's 1st 'digital loan'-supported project enters production
Updated: 2023-05-29    Source: Zhongshan Daily Large Medium Small Print

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On May 23, in the newest digital workshop of the listed company Topstrong, the machining center and robots were working in concert. The cutting, edge sealing, packing and other procedures of custom-made panel furniture were automatically completed in the workshop.

Zhongshan's "Digital Loan" platform, which grants loans with full interest discounts for digital intelligent projects, was launched on August 10, 2022. As the first project funded by the platform, Topstrong received a digital loan of more than 50 million yuan with a discounted interest rate from Shanghai Pudong Development Bank, Zhongshan Branch. The loan eased the short-term cash flow pressure of the company and helped its "Industry 4.0" factory go into production as scheduled.

The approval of digital loans for 63 projects, with a planned total investment of 700 million yuan, has been finished by April 2023. Some enterprises are conducting early consultation for projects requesting over 100 million yuan each in digital loans.

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