Wuxi (Taihu) International Science and Technology Park (T-Park) in Wuxi New District, Jiangsu province, has been providing financing for qualified enterprises in the park to get listed in stock markets.
The park has established a system of science and technology finance to provide loans to enterprises that need funds to intensify their technological innovation, accelerate their transformation and upgrade, and go public.
"Shareholders were struggling to raise funds for our company's science and technology research unit before we received financial support from the park", said Hong Tao, general manager of Jiangsu Tianan Smart Science and Technology Co, the park's first enterprise listed on the "New Third Board", China's share transfer system for small and medium-sized companies.
By the end of 2015, 10 enterprises in the park are expected to issue IPO or be listed on the "New Third Board".
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Small sized unmanned helicopter offered by the Wuxi Hanhe Aviation Technology Co.[Photo provided to chinadaily.com.cn] |
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Wuxi Hanhe Aviation Technology Co., Ltd. is a high-tech enterprise in Wuxi New District, Jiangsu province.[Photo provided to chinadaily.com.cn] |
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Vehicular services provided by Jiangsu Tianan Smart Science and Technology Co.[Photo provided to chinadaily.com.cn] |
