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Zhongguancun seeks financing services for tech companies

chinadaily.com.cn | Updated: Mar 23, 2018 L M S

The administrative committee of Zhongguancun Science Park signed a strategic cooperation agreement with Zhongguancun Equity Exchange Service Group on March 16 to provide comprehensive financing services for micro, small and medium-sized tech companies.

The administrative committee of Zhongguancun Science Park signs a strategic cooperation agreement with Zhongguancun Equity Exchange Service Group on March 16. [Photo/zgc.gov.cn]

Zhao Jifeng, president of Zhongguancun Equity Exchange Service Group, said that in the four years since its establishment, the company has served a total of 5,537 enterprises, 4,168 of them listed companies, and helped 107 medium- and small-sized micro enterprises turn to higher-tier capital markets such as the New Third Board.

Zhai Lixin, director of Zhongguancun, gives a speech at the signing ceremony. [Photo/zgc.gov.cn]

Zhao added that the group will continue to provide support to Zhongguancun's equity market through its leading role in policy and industrial development.

Zhai Lixin, director of Zhongguancun, said that Beijing's equity market has largely supported the growth of micro, small, and medium-sized enterprises, and he proposed that Beijing's equity market should promote these enterprise's construction of financing capacity and supporting services, and assist Zhongguancun to improve its service systems for the capital market.

Zhai Lixin, director of Zhongguancun, leads a visit to Zhongguancun Equity Exchange Service Group on March 16. [Photo/zgc.gov.cn]