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Guarantee Companies Respectively Based in Beijing and Hebei Have Made the First Deal for Cross-Regional Cooperation
2017-11-03

Recently, Beijing SMEs Credits Re-guarantee Co., Ltd and Hebei Langfang Guoxing Guarantee Co., Ltd jointly render financing guarantee support (amount of RMB500,000) for a micro-sized environmental protection technology enterprise in Hebei Province, and solves its financing problem. This indicates that guarantee companies respectively based in Beijing and Hubei have made the first deal for cross-regional cooperation. In response to the call for non-capital function decentralization, Beijing SMEs Credits Re-guarantee Co., Ltd has agreed on cooperative credit line of RMB300 million with Hebei Langfang Guoxing Guarantee Co., Ltd, which will be earmarked for satisfying financing needs from Beijing-based enterprises relocating to Hebei. Other cooperation tasks between both companies are also being fulfilled as planned.

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