More than 10 financial institutions and over 40 key enterprises recently attended the New Energy and Multi-Chain Integration Financing Special Session in Hanggin Banner, which aimed to match the supply and demand between banks and enterprises.

The New Energy and Multi-Chain Integration Financing Special Session. [Photo/WeChat account of Nuan news]

Enterprise representatives freely expressed their financing needs, including issues related to capital turnover and production expansion. The banks, in turn, introduced various credit products tailored to the characteristics of each enterprise. Several banks signed on-site agreements with key enterprises. 

A total of eight projects were signed, amounting to 940 million yuan ($131.04 million), providing enterprises with effective financial support for their high-quality development. The event also set up a policy consultation desk staffed by an expert team to help solve the financing challenges faced by enterprises.

The signing and credit-granting ceremony. [Photo/WeChat account of Nuan news]

Cooperation between the government, banks, and enterprises involves building platforms and fostering collaborative intentions, as well as ensuring the smooth implementation of cooperative projects. 

"Today's event is very beneficial for our company's next steps in selecting financial products and cooperation plans with banks. Moreover, the financing will effectively promote the early implementation and construction of projects," said Dang Xianzhong, chief financial officer of Inner Mongolia Pengtai Biotechnology Co.