Tianjin Dongjiang CMC and Xinxin lease signed a memorandum of cooperation

Xinhua Tianjin, November 2 Xinhua On October 30, Tianjin Dongjiang Bonded Port Area Management Committee and Xinxin Financial Leasing Co., Ltd. signed a memorandum of cooperation in Dongjiang, the two sides formed a comprehensive cooperation in pushing leasing to support the development of the integrated circuit industry.

The signing of the Memorandum of Cooperation will lead to deeper cooperation between the two parties in the field of integrated circuits. As a leasing company focusing on the service integrated circuit industry, Xinxin Leasing will increase its investment to form an integrated circuit leasing business in Dongjiang and gather leasing assets In the field of IC design, manufacturing, packaging and testing, equipment materials, application and other fields, the Company will carry out leasing business innovation, build IC leasing place and IC leasing in Dongjiang Innovation base.

In December last year, Xinxin Leasing, which was initiated and set up by the National IC Industry Investment Fund, completed the first intangible asset leasing business in Tianjin with Changjiang Technologies through its leasing platform set up in Dongjiang, filling the national technology patent portfolio leasing Innovative business in April this year, completed in Dongjiang in the country's first integrated circuit equipment rental business innovative business, to explore new ways of financing IC equipment. The two single business 'intangible + physical' to solve the integrated circuit companies rely on Bank credit and other traditional ways of financing difficult issues, SMIC, Changjiang Electronics and other IC leading enterprises enjoy the lease to support the real economy dividends.

In the coming period, it will be an important strategic opportunity and a crucial period for the development of China's IC industry. Based on the needs of the development of the IC industry and the actual development of the enterprise, the CMC will carry out studies on the functions of the lease innovation policy supporting the IC industry and push forward Innovative business landed to form a financial support IC industry characteristics model for the Beijing-Tianjin-Hebei integrated circuit industry cluster, as well as the national IC industry to provide financial services support.

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