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On March 11, 2019, Lei Biao, Vice minister of provincial Party committee United Front Work Department and Secretary of Provincial Association of Industry and Commerce, and Feng Dechong, full-time vice president of Shenzhen Association of Industry and Commerce, went to DEREN Electronics Guangming Industrial Park for on-site investigation, and Qiu Jianmin, chairman of Deren, and other leaders attended the conference.

Secretary Lei Biao visited DEREN Electronics exhibition hall
Secretary Lei Biao firstly visited the exhibition hall of the company, understood the industry which the company belongs, main business and major products, and expressed appreciation for craftsmanship spirit and technical innovative ability of DEREN Electronics. In the subsequent talks, the investigating group carefully listened to report of Chairman Qiu Jianmin, understood conditions of starting construction for the enterprise after Spring Festival, production and management status, and how to prevent and solve financial risks, and carried out in-depth discussions and exchanges for promotion and support of enterprise policy implementation. Secretary Lei Biao stressed that Guangdong was the first province of private economy, Shenzhen was frontier of Chinese Reform and Opening, and Shenzhen's private economy development was significance of model demonstration in Guangdong and China. For enterprise financing and risk prevention, Secretary Lei Biao proposed valuable suggestions, made enterprises enjoy bonus from more government support policies and solved problems related to enterprise financing difficulties and expensive financing.

Chairman Qiu Jianmin and other leaders had a talk with the investigating group
To create a sound business environment, CPC Shenzhen Municipal Committee and Shenzhen Municipal People's Government recently introduces a series of policies to support the development of private enterprises. In March 2019, "support of private enterprises with new bond of 100 billion yuan" has been implemented rapidly. Shenzhen Small & Medium Enterprise Credit Financing Guarantee Group Co., Ltd. (hereinafter referred to as "Shenzhen SME Group") jointed with several financing institutions to sign the strategic cooperation agreement, and provide new bond direct financing with the amount of over 50 billion yuan for over 100 private enterprises. DEREN Electronics becomes one of first 20 enterprises which sign bond financing strategic cooperation agreement with Shenzhen SME Group.




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