Warm congratulations to Shandong Jiuxin Group Co., Ltd. on receiving support from the second batch of Taian’s Key Enterprise Financial Resource Development Fund.
Release time:
2019-06-14
On the morning of June 14, 2019, the Public Information Office of the Tai’an Municipal Government held a press conference on the Tai’an Municipal Key Enterprise Revenue‑Generation Fund and related fiscal policies for businesses. The municipal finance department has established and is managing a key enterprise revenue‑generation fund with a total scale of RMB 10 billion. The first batch has already completed investments totaling RMB 1.4 billion, supporting four enterprises. The second batch plans to invest RMB 1.32 billion, benefiting six enterprises, with Jiuxin Group receiving RMB 220 million.
On the morning of June 14, 2019, the Public Information Office of the Tai’an Municipal Government held a press conference on the Key Enterprise Financial Resource Development Fund and enterprise‑related fiscal policies. The municipal finance department has established and is managing a key enterprise financial resource development fund with a total scale of RMB 10 billion. The first phase has already completed investments totaling RMB 1.4 billion, supporting four enterprises. The second phase plans to invest RMB 1.32 billion, benefiting six enterprises, with Jiuxin Group receiving RMB 220 million.
The overarching rationale behind Taian City’s establishment of a 10-billion-yuan fund for bolstering the financial resources of key enterprises is to address the concrete challenges faced by these companies, help them reduce financing costs, and concentrate support on real‑economy firms that make substantial tax contributions, possess high technological content, and enjoy promising growth prospects—thereby accelerating their expansion and strengthening their competitiveness.
Following the receipt of this round of funding, Jiuxin Group will be well-positioned to accelerate the transition from old to new growth drivers, extend its industrial value chain, and ensure the smooth implementation of key projects, including the electroplating industrial park, the hardware tools industrial park, and the smart manufacturing research institute.
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Shandong Jiuxin Group Co., Ltd.
Address: Jiuxin Group, Economic Development Zone, Dongping County, Tai’an, Shandong Province
Postal code: 271500
Phone:0538-2992999
Fax: +86 0538-2870966
Email:jiuxin_group@126.com
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