In June, Beijing Jingdiao Technology Group Co., Ltd. (hereinafter referred to as "Jingdiao Technology Group"), a private enterprise located in Mentougou Science and Technology Park, Zhongguancun, Beijing, which focuses on the development of industrial machines, fell into financing difficulties due to the urgent need for funds for production and operation, but lacked collateral. "Jingdiao Technology Group has cooperated with Bank of Beijing for 7 years. After knowing the capital needs of the company, our project team worked together and used its intellectual property rights as a pledge to open up a 'green approval channel'. It took only 15 days to successfully lend 100 million yuan to the company," said the person in charge of Mentougou Branch of Bank of Beijing. This loan not only helped Jingdiao Technology Group relieve financial pressure, but also became the first intellectual property pledge loan in Mentougou District.
Since its establishment in 1994, Jingdiao Technology Group has been successively selected into the list of the first batch of "hidden champion" enterprises in Beijing and the list of national manufacturing individual champion enterprises. Its flagship product, the JDGR600 machine tool, is capable of micron processing, and can stably achieve 0.1 micron feed, 1 micron cutting, and nanoscale surface roughness processing effects, reaching the world's top level.
"In 2017, we learned that Beijing Jingdiao Equipment Leasing Co., Ltd., a subsidiary of Jingdiao Technology Group, needed funds, and we quickly granted the company a credit of 20 million yuan to purchase machine tools." The person in charge of Mentougou Branch of Bank of Beijing introduced. With the development and growth of the enterprise, the demand for funds is increasing. The Bank of Beijing Mentougou Sub-branch provides 100 million yuan of credit loans to match the company's exclusive financial product "Rongxinbao" according to the characteristics of the enterprise's business settlement method, business type, and capital needs. Years of financial services have narrowed the distance between each other. This time, Bank of Beijing has once again innovated the financial service model, pledged intellectual property rights, and provided strong financial support for enterprises in a short period of time, further ensuring the steady development of enterprises.
It is reported that Bank of Beijing continues to increase its financial support for advanced manufacturing industries and specialized and new enterprises. As of the end of the first quarter of 2023, the bank's manufacturing medium and long-term loan balance was 64.2 billion yuan, an increase of 51.5% year-on-year, and the balance of science and technology innovation finance loans was 224.874 billion yuan, an increase of 15.46% from the beginning of the year.