On May 24th, to implement national policies, meet regional market demands, and promote cooperation between banks and enterprises, Zhang Wendong, vice general manager of Beijing E-town International Investment & Development Co., Ltd. (E-Town Capital) and chairman of Beijing E-town International Financing Guarantee Co., Ltd., attended the opening ceremony of the Beijing Pilot Free Trade Zone branch of Hengfeng Bank and signed a strategic cooperation agreement on behalf of Beijing E-town International Financing Guarantee with Hengfeng Bank's Beijing Pilot Free Trade Zone branch.

Both parties to the contract will utilize their respective strengths to guide more financial resources to the area, as well as to support small and medium-sized enterprises in Beijing Economic-Technological Development Area (Beijing E-Town).

Through strategic cooperation, Beijing E-town International Financing Guarantee and Hengfeng Bank have enhanced mutual understanding and strengthened cooperation.

In the future, relying on their respective resource advantages, they will jointly develop batch-oriented and simplified financial service solutions, continuously create more value in business cooperation, and build a "new model" of bank-guarantee cooperation, providing convenient and efficient financing channels for high-quality financing enterprises in the region, especially "specialized, refined, distinctive and innovative" small and micro enterprises.

Both parties said that they will take this signing as an opportunity to establish a long-term and stable cooperative relationship, promote the development of inclusive finance, enhance the financial service capabilities of the real economy, strengthen their sense of responsibility, enhance mutual trust and benefits, seize cooperation opportunities, increase support to small and medium-sized enterprises, effectively solve the diverse financing needs of small and medium-sized enterprises, and work together to empower the high-quality development of Beijing E-Town.