Beijing E-Town International Financing Leasing Co — also known as E-Town Leasing — launched a new financial product called Tongzhougongji, to meet the financing needs of companies in the Beijing Economic-Technological Development Area on Feb 3, according to BDA officials.

They said the move would fully provide financial support and services guarantees, also further supporting BDA-based companies that are engaged in the novel coronavirus pneumonia prevention and control, officials added.

Established in July 2013, E-Town Leasing was the first comprehensive Sino-international joint venture financial leasing company based in the BDA.

Officials said that 2014 marked E-Town Leasing’s first year of development. With the resources of the BDA and Beijing E-Town International Investment & Development Co – also known as E-Town Capital -- E-Town Leasing focused on expanding financial business channels and dispersing financial risks in the BDA. Officials said it also aims to provide high-quality and efficient market-oriented financial leasing services for customers. 

At the same time, E-Town Leasing has been improving the management of its financial leasing business through personnel training, accumulating project operational experience -- and it has made a significant contribution to E-Town Capital’s goal of developing into an all-round financial services provider.

Officials said that since the outbreak of the NCP, E-Town Leasing has taken steps to guarantee quality financial leasing services. The company has strengthened its funding support for NCP prevention and control.

It has opened a fast services channel and provided preferential interest rates to reduce corporate financing costs. It continues to provide financial services for enterprises that are affected by the NCP and support them in fighting the impact of the epidemic.