Guiyang SOE provides financial services for agriculture industry

Guiyang Small and Medium Enterprise Credit Guarantee Co, a subordinate company of the State-owned enterprise Guiyang Investment Holding Group Co, recently established a special department to provide financial assurance services for clients related to agriculture, rural areas and farmers.

The company has carried out on-site surveys to learn about the financing needs and difficulties of clients, and has offered targeted solutions.

During the first half of this year, the company visited more than 30 villages and towns, and cooperated with Guizhou Agricultural Credit Financing Guarantee Co to support the development of planting, breeding and agricultural product processing.

Since the beginning of this year, Guiyang Small and Medium Enterprise Credit Guarantee Co has provided financial assurance services to 42 clients related to agriculture, rural areas and farmers, with a guaranteed amount of 150 million yuan ($23.48 million).