Silk Road Financial Town Rewards Companies
In July, the Silk Road Financial Town rewarded the first round of companies in 2020 with a total of more than 63.7 million RMB. After online application, preliminary review by the management committee, and joint review by the related departments, finally seven companies were approved by the management committee. The management committee presented these companies with their rewards after publicizing the results online with no objection.
Established in 2017, the Yiwu Tanzhen Investment Management Partnership, one of the reward recipients, manages more than 10 billion RMB of securities funds. The pandemic this year has had an impact on the company. According to the director, the reward from Silk Road Financial Town will give the company more confidence to fight during the post-pandemic period.
With assets exceeding 10 bn RMB, Zhejiang Chouzhou Financial Leasing Co., Ltd., another reward recipient, is a financial institution approved by the China Banking and Insurance Regulatory Commission to engage in financial leasing business. It provides financial leasing services to many companies. This year, the leasing company received a reward of more than 20m RMB, which will further boost its business in the near future.
In order to support the modern financial industry, the Silk Road Financial Town created the reward policy in 2017. It has four parts, including start-up subsidies, financial rewards, talent support, and rental subsidies. It has now rewarded 114m RMB to the companies. (By Gong Yan, translated by Li Ziyi, edited by Mariam Ayad)