Notice of the Bureau of Science and Technology of Nansha District of Guangzhou Municipality on Issuing the Management Measures of Nansha district for Technology SME Credit Risk Compensation Capital Pool

Article 8 SMEs that meet the following conditions may apply to be included in the Capital Pool:

1. Place of business registration. Enterprises that have independent legal status and are registered in Nansha district.

2. Enterprise size. The latest annual operating revenue shall be less than 500 million yuan.

3. Enterprise type.

1. Enterprises undertaking science and technology planning projects for the Ministry of Science and Technology, provincial science and technology department, and municipal and district science and technology-related departments.

2. Technology SMEs established in Nansha district by national ministries and commissions, national enterprise groups, universities, scientific research institutions, and new R&D institutions in Guangzhou, by making use of proprietary or introduced technological achievements.

3. High-tech enterprises

4. Enterprises listed in the national technology SME pool

Chapter IV Compensation Recipients, Conditions and Standards

Article 9 The compensation recipients of the Capital Pool shall be cooperative banks.

Article 10 Cooperative banks shall be publicly selected by the district science and technology department from the cooperative banks of the municipal technology SME credit risk compensation capital pool according to the development needs of the loan business of technology SMEs, and shall be shared publically.

Article 11 A cooperative bank of the Capital Pool shall meet the following conditions:

1. Having been selected as a cooperative bank of the municipal technology SME credit risk compensation capital pool.