With the assistance from the investment promotion bureau of Guiyang National High-Tech Development Zone (Guiyang HIDZ), resident enterprise Guiyang Liniu New Energy Co recently secured 3 million yuan ($410,958.9) in financing.
After overcoming financial difficulties, the company has decided to establish a new production line within Guiyang HIDZ.
"Information about the company's new production line came to our attention during a visit to the service park where the enterprise is located," stated a project officer from the zone's investment promotion bureau.
At that time, Guiyang Liniu New Energy Co urgently needed to expand production capacity within Guiyang but faced financial constraints and difficulties in obtaining financing, which hindered their expansion plans.
Upon confirming the company's financial constraints, Guiyang HIDZ's investment promotion bureau connected with relevant departments, coordinated the company's participation in key enterprise investment and financing roadshows, facilitated introductions to financial institutions, recommended the company to various institutions, and assisted in garnering attention and support from financial entities.
Ultimately, the company successfully secured 3 million yuan in financing.
A representative from Guiyang HIDZ company said his company chose to expand its production capacity in Guiyang HIDZ because of the excellent services provided by the relevant departments, the solid foundation for the development of the new energy industry, and the continuous improvement of supporting policies.