Source: People's Daily - Jiangxi Channel Original draft
Recently, the Fengxin County Branch of the Agricultural Development Bank of China invested 8 million yuan in a working capital loan to Jiangxi Jinqiao Agricultural Science and Technology Development Co., Ltd. to support enterprises to purchase raw materials.
It is reported that Jiangxi Jinqiao Agricultural Science and Technology Development Co., Ltd. is a collection of sales and research and development in one of the enterprises, is the main production of boiled bamboo shoots, canned fruits and vegetables and other series of deep processing products of agricultural industrialization key leading enterprises. The investment of this loan can provide sufficient financial support for enterprises to acquire raw materials, and effectively reduce the financing costs and operating pressure of enterprises.
In the next step, the bank will continue to play the role of policy-oriented finance in "being the leader, making up for shortcomings and counter-cyclical" to promote the healthy and sustainable development of agricultural small enterprises. (Wen Jiali, Li Defang)