LED industry in Guangdong Province of ten billion yuan financing credit support

On November 1, China (Dongguan) International Science and Technology Cooperation Week. LED lighting products Promotion Forum in Guangdong Province, the Guangdong Provincial Department of Science and Technology signed a cooperation agreement with Industrial Bank Guangzhou Branch site to provide a total of 10 billion yuan of financing credit for specialized enterprises of Guangdong province LED promotion. It is the embodiment of Guangdong Province, to promote the use of LED lighting products launched in May this year, support for a financing of the industry.

According to the agreement, the Industrial Bank will be in compliance with the China Banking Regulatory Commission and internal approval requirements under the premise targeted qualified LED industry chain in Guangdong province on the quality of enterprises, to provide special financing services. Credit objects engaged in technological innovation to energy management contract or other mode of energy service companies, and manufacturers of lighting products, suppliers, and their participation in government procurement and capital requirements owners units.