Export-import Bank Guangdong Branch strongly supports high-tech manufacturing enterprises

2023-08-21 11:55 0

/PRCWT/Guangzhou, August 21, 2023——Recently, the Guangdong Branch of the Export-Import Bank of China issued 200 million yuan of working capital to a high-tech manufacturing enterprise located in Zengcheng District, Guangzhou, to help the enterprise expand production and operation and foreign trade business development.

Established in 2019, the company has the first fully flexible AMOLED module production line in Guangzhou, focusing on small and medium-sized fully flexible AMOLED modules, covering emerging application fields such as curved surface, folding, wearing and vehicle, while having high expansion technology space. At present, the company has 21 production lines, 16 of which have been mass produced, and the post-production capacity is expected to reach 55 million pieces, which plays the leading agglomeration effect of the "chain master" enterprises, further promotes the convergence of the display industry chain in Zengcheng District of Guangzhou, and helps Guangzhou to build the "World display capital".

It is reported that in order to further empower high-tech enterprises, help the development of the real economy, and support the high-quality development of strategic emerging industries and advanced manufacturing enterprises, the Guangdong Branch of the Export-Import Bank of China takes the initiative to play the policy-based financial function and vigorously support high-tech manufacturing enterprises within the jurisdiction. As of the end of June, the bank's manufacturing industry grew 31 percent year on year, and the balance accounted for 36 percent.

Source: Corporate press release
Keywords: Guangdong
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