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Zhongguancun Development Group (ZDG) announced on April 15 that since it was founded five years ago, the large state-owned enterprise has invested more than 7 billion yuan (1129.8 million) of government funds, developed 365 projects and attracted more than 40 billion yuan of social investments.
The projects are expected to achieve a total output value of 200 billion yuan.
The Group also launched its latest financing service product on the same day. Start-ups in demand of financing for several hundred thousand yuan can ask for approval online or offline. The system will provide businesses and individuals with less than 500,000 yuan of unsecured credit loans through big data analysis techniques.
It is expected that 3,000 to 5,000 small and micro enterprises will benefit from the scheme in two to three years.
"There are a lot of newly established small and micro companies that need about 500,000 yuan of loans. They are the most overlooked 'sandwich class', and we must solve the problem," said Li Yan, the deputy general manager of ZDG.
ZDG has been committed to financial innovation. It has provided enterprises with all-round venture financial services including technology financing leasing and technology guarantees. Except industrial investment, ZDG also achieved significant results in science park development. Many of industrial parks in the suburb districts of Beijing are built by subsidiary companies of ZDG.
An innovative business incubator called "Chuangrong e home" covering an area of 20,000 square meters has finished construction and will soon be put into use. The incubator is divided into online and offline divisons.
Through big data, cloud technology and mobile Internet, the online platform will provide rich online sharing resources such as maker space, innovation tools, and entrepreneurship cloud and communities.
The offline parts include two stages. The first stage is software square that covers an area of 5,000 square meters and the second stage was an incubation accelerator covering 15,000 square meters.
