Zhongshan's Banfu Town held an investment promotion event on September 28.

Fourteen strategic projects were sealed with a total investment of 3.843 billion yuan. An 850-million-yuan new energy battery materials venture promises to surpass 2 billion yuan in annual output upon full capacity. The project is poised to catalyze a supply chain ecosystem, attracting upstream and downstream enterprises to forge Banfu's first 10-billion-yuan-level industrial cluster.

At the event, the Zhongshan branch of Bank of China unveiled a groundbreaking 1-billion-yuan "Investment Attraction Loan" program through a strategic partnership with local authorities. This pioneering initiative offers signed projects up to 50 million yuan in credit loans at 15% below benchmark rates.