Cumulative loan disbursements from the Guangzhou Technology Small and Medium-sized Enterprises Credit Risk Compensation Fund pool have reached 151.1 billion yuan.

According to the Guangzhou Science and Technology Bureau, three major innovation initiatives in science and technology finance by the Guangzhou Science and Technology Bureau have been selected as typical cases of science and technology finance in Guangdong Province. Guangzhou has been carrying out innovation in science and technology finance services for many years, and the exploration and practice of promoting the deep integration of "science and technology-finance-industry" has achieved results. Among them, the "credit assessment + capital pool" double guarantee promotes banks to boldly invest in technology loans. Guangzhou has established a risk compensation fund pool for credit to small and medium-sized technology enterprises, established a credit assessment system for technology enterprises, and improved the long-term mechanism for promoting the investment of technology loans through government guidance, market operation, and collaborative risk sharing. As of the end of May, the capital pool has leveraged 28 cooperative banks to provide a total credit amount of 253.4 billion yuan for 14,235 technology enterprises in Guangzhou, with a total loan amount of 151.1 billion yuan.