It is reported that at the opening ceremony of the China (Dongguan) International Science and Technology Cooperation Week, the Guangdong LED Lighting Product Promotion Summit became the highlight. The Provincial Science and Technology Department and the Industrial Bank Guangzhou Branch signed a cooperation agreement on the spot to provide financing for a total of RMB 10 billion for specialized enterprises in the province. This is a major financing support for the LED industry after the launch of the “Implementation Plan for the Promotion of LED Lighting Products in Guangdong Province†in May this year.
According to the agreement, Industrial Bank will provide targeted financing services to high-quality enterprises in the qualified LED industry chain in the province on the premise of meeting the requirements of the CBRC and internal approval requirements. Credit granting companies include energy-saving service companies engaged in technological innovation in contract energy management mode or other modes, manufacturers and suppliers of lighting products, and owners who have financial needs for participating in government procurement.
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