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According to the agreement, Industrial Bank will provide targeted financing services to qualified enterprises in the LED industry chain in Guangdong Province on the premise of meeting the requirements of the CBRC and internal approval requirements. The credits include energy-saving service companies engaged in technological innovation in contract energy management mode or other modes, manufacturers and suppliers of lighting products, and owners who have financial needs due to participation in government procurement. 
On November 1, China (Dongguan) International Science and Technology Cooperation Week was opened. At the Guangdong LED Lighting Product Promotion Summit Forum, the Guangdong Provincial Science and Technology Department and the Industrial Bank Guangzhou Branch signed a cooperation agreement on the site to provide a total of RMB 10 billion in financing grants for specialized LED promotion companies in Guangdong Province. This is a major financing support for the industry after the launch of the “Implementation Plan for the Promotion of LED Lighting Products in Guangdong Province†in May this year.