Guiyang loan company promotes green finance services

In recent years, Guizhou Kejin Microloan Co, affiliated with State-owned Guiyang Industrial Development Holding Group, has continuously innovated its green financial products and services, which actively supports the development of green, low-carbon, and circular economies.

Green finance refers to financial services provided for projects in the fields of environmental protection, energy conservation, clean energy, green transportation, and green construction. These financial services include project investment and financing, project operation, and risk management.

In 2022, a green power group in Guizhou province had financing needs that arose from business development. After understanding the relevant information, Guizhou Kejin Microloan Co granted a pledged loan of 10 million yuan ($1.4 million) to the company.

Furthermore, Guizhou Kejin Microloan Co provided green finance loans totaling over 15 million yuan to taxi companies in Guiyang city. This money was used to purchase over 400 new energy vehicles, effectively promoting green transportation.

As of the end of 2023, Guizhou Kejin Microloan Co has cumulatively issued 71 green loans to 31 enterprises, with a total amount of 125.01 million yuan.