Jin Qilin won the horizontal matching funds for auto parts

At the end of last year, the Leling City Development and Reform Bureau seized the opportunity and took the initiative to rely on the company's annual production of 10 million sets of high-end brake pad expansion projects to report to the National Development and Reform Commission, and after an active fight for approval.

The horizontal supporting funds for auto parts are established by the state for the special support and support of the development of auto parts and national industries. The National Development and Reform Commission arranges and entrusts financial institutions to make loans. The loan period is 3 to 5 years and the annual interest rate is much lower than that of general bank loans. .

Under the macroscopic background of the current monetary contraction, many auto parts companies in China are actively fighting for this fund. Recently, the application of the national horizontal supporting fund for auto parts reported by Leling City was approved by the National Development and Reform Commission. The city’s Jin Qilin Group received a special low-interest loan of 50 million yuan and became the first and only company in Dezhou to obtain this support. At present, the funds are in place.