On the afternoon of April 18, the West Taihu Financial Services Alliance was officially established. More than 40 financial institutions including Donghai Securities, CITIC Jiantou Securities and Minsheng Securities have taken the initiative to develop a support plan for the enterprises’ needs in the development stages of incubation, acceleration, growth and listing.

Since 2014, the West Taihu Science and Technology Industrial Park has established a new industry development fund worth 5 billion yuan in total and introduced nearly 150 investment institutions. The park has also set up a “financial supermarket” for small and medium-sized enterprises, from which 17 enterprises have received loans of 79 million yuan in total.

At present, the park has 2 overseas listed companies, 5 listed companies on the Main Board and 10 listed companies on the New Three Board.

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