CDB and three signed a cooperation agreement, the 30 billion power industry financing layout LED

The National Development Bank (hereinafter referred to as "the bank") in Xiamen on 22 and Fujian Sanan Group signed a strategic cooperation agreement, the Fujian power set, photoelectric integrated circuit, the bulk of trade as one of the private enterprises, to accelerate the pace of "going out", the focus of industrial layout of global sales network, among the highest in the world.

Vice president of the National Development Bank Cai Dong, vice mayor of Xiamen, Jiang and other officials attended the signing ceremony. CDB Xiamen branch president Yang Aiwu and Fujian Sanan Group Chairman Lin Xiucheng signed the "development of financial cooperation agreement.

Under the agreement, the two sides will be more in-depth cooperation in mergers and acquisitions loans, project loans, group system, etc.. At the same time, CDB will for long-term loans, special construction funds, industry funds, LED chip, to support the focus of the layout of integrated circuits and other fields to accelerate overseas acquisitions and expansion of production capacity, involving the amount of 30 billion yuan financing.

Through the signing of the agreement, the two sides will be opened the prelude to a new round of cooperation and seek common development; explore the diversified mode of cooperation, to establish a close and stable strategic partnership, to achieve mutual benefit and common development.

In early 2012, CDB will cooperate with the three group, four years to achieve full coverage of Sanan group investment loan debt rent card business, has become the main financing for the group.

In addition to providing large financing credit, CDB last year guide the national integrated circuit industry fund shares of 6 billion 400 million yuan this year to promote the optoelectronics, Sanan group and the Quanzhou municipal government established 50 billion yuan Anxin industrial investment fund, signed a cooperation agreement with Indonesia's largest consortium company Sinar Mas Group, has become one of the suppliers of its LED products.

In full support of CDB 19 billion 500 million yuan, the total assets at the beginning of Sanan group cooperation from 2012 to 2016 the growth of 46 billion 400 million yuan at the end of 9, an increase of 137%; Sanan Optoelectronics Market Capitalization increased from 20 billion to 51 billion 200 million, increased by 156%.

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