On the afternoon of March 20, 2020, Tianjin Xinlun Technology Co., Ltd. held the unveiling ceremony of the mask production line. At the same time, Tianjin Asset Management Co., Ltd. Tianjin Branch signed a strategic cooperation agreement with Shenzhen Xinlun Technology Co., Ltd.
Xinlun Technology was founded in 2002 and was listed on the Shenzhen Stock Exchange in 2010. After nearly 20 years of development, Xinlun Technology has shifted from traditional ultra-clean products and clean engineering industries to advanced materials and materials-derived smart manufacturing. It is a long-term and stable partner of world brands such as Apple, Huawei, BOE, and Xiaomi. During the fight against the New Coronary Pneumonia epidemic, Xinlun Technology actively donated anti-epidemic materials to the epidemic area, and donated hundreds of thousands of masks and nearly 1,000 sets of protective clothing; The production capacity and the production of epidemic prevention materials have been put on the market for nearly 20 million mask products.
China Oriental Asset Management Co., Ltd. is a large state-owned non-bank financial institution jointly established by the Ministry of Finance and the National Council for Social Security Funds. Since its establishment in 1999, China Eastern has always taken the mission of “preserving national assets, resolving financial risks, and promoting the reform of state-owned enterprises”, taking legal and compliant operations as the lifeline. The stability of the system has made a positive contribution.
China Oriental Tianjin Branch is tightly focused The strategic direction of "returning to the main responsibility and supporting the real economy" has always adhered to its original mission, strictly adhered to the bottom line of supervision, fully exerted its own advantages, and continuously improved its ability to serve the real economy. Xinlun Technology is a leading new materials company. The relevant technology breaks foreign monopolies and blockades. Short-term difficulties should not become a limiting factor for the company's development. Therefore, the two sides formally signed the "Strategic Cooperation Agreement" on March 20, 2020.
According to the "Strategic Cooperation Agreement", both parties are willing to regard the other party as their important business partner and build a comprehensive business cooperation relationship. China Oriental Tianjin Branch makes full use of its service resources to provide Xinlun Technology with a full range of financial services in banking, insurance, securities, trust, inclusive finance, credit rating, international business, investment, financial advisory and other financial fields. In the process of business development, Xinlun Technology will actively consider cooperating with China Oriental Tianjin Branch, and under the same conditions, preferentially choose various financial platforms under China Oriental Assets as one of the main cooperation institutions.
China Oriental Tianjin Branch also took advantage of its own advantages and continued to provide liquidity support to Xinlun Technology through multiple channels in collaboration with other financial institutions to help companies get rid of their difficulties. Among them, Bohai Bank Dalian Branch actively responded to the national call to open a green channel for anti-epidemic material production enterprises, and completed the approval of special epidemic loans within 5 days after the Spring Festival, providing 30 million yuan of liquidity support for Xinlun Technology; CITIC Bank Tianjin Branch , Tianjin Binhai Rural Commercial Bank is also conducting due diligence and conducting credit approval for Xinlun Technology.
The signing of this strategic cooperation agreement is not only a staged result of mutual trust and mutual benefit, but also a solid foundation for the two parties to create brilliance. Participants said that the successful commissioning of the Tianjin Xinlun new mask production line will help my country and other friendly diplomatic countries win the epidemic prevention and control.