The Zhongshan Digital Loan Platformy started handling businesses on August 10, and two companies managed to secure loans through this platform. They filed applications and obtained the loans in the same morning.
At Guangdong Topstrong Living Innovation & Integration Co Ltd, the staff of industry and information technology departments and Zhongshan Zhongyin Industrial Investment Co Ltd completed the review and filing procedures. The staff of Zhongshan Branch of Shanghai Pudong Development Bank then evaluated the company's project immediately and approved the digital loan, the first of its kind in Zhongshan, to the company.
Topstrong received a digital loan of more than 50 million yuan, which will be used to purchase digital systems, industrial control software and supporting equipment for production lines.
In addition, Zhongshan XSXY Furniture Co Ltd also obtained a digital loan of 1 million yuan from Zhongshan Rural Commercial Bank. The project also obtained filing approval as a collaborative innovation and technological transformation project.
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