CDB will provide 6 billion yuan financing for Inspur's LED industry


Inspur Group recently held a signing ceremony for the “Development Financial Cooperation Agreement” with the Shandong Branch of the China Development Bank in Jinan.
According to the agreement, the two sides will cooperate in the fields of planning, overseas market development, technological innovation, and project construction. The planned construction projects of Inspur Group during the 12th Five-Year Plan involve IC test production lines, LED optoelectronics, cloud computing industry funds and other projects. The financing needs are about 6 billion yuan, and CDB will provide financing support. CDB Shandong Branch will provide Inspur Group with a personalized high-end financial service plan, from the development review, financial products, loan pricing and other aspects of continuous innovation, research and propose differentiated support programs.

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