Science and Technology Department of Guangdong province and the Industrial Bank signed a cooperation agreement to promote the financing of LED billion credit Guangdong

China (Dongguan) International Science and Technology Cooperation Week 1, the opening of the Guangdong LED lighting products promotion forum became the highlight. Provincial Science and technology department and the Industrial Bank of Guangzhou branch signed a cooperation agreement on the scene, the province's LE D to promote the professional enterprises to provide a total of 10 billion yuan of financing credit. This is the May launch of the Guangdong province to promote the use of LED lighting product implementation plan, a major financial support for the industry.

Under the agreement, the industrial bank will meet the requirements of the China Banking Regulatory Commission and the internal examination and approval requirements, targeted to meet the conditions of the province on the LED industry chain of high-quality enterprises to provide special financing services. Credit objects include to contract energy management mode or other modes of energy service enterprises, engaged in the technological innovation of lighting products manufacturers, suppliers and for participation in government procurement and the funding needs of the unit owners etc..