On December 18, Yizhang County sub branch of Agricultural Development Bank of China issued a fixed assets medium and long-term loan of RMB 220 million to Linwu County Lindong Development Investment Co., Ltd. for the construction of standard plant project in Xiangyue new energy and new material industrial cluster area in Linwu Industrial Park. The project is a key construction project in Linwu County, with a total investment of 562 million yuan, of which the project loan of 440 million yuan was applied to the Agricultural Development Bank, and the first loan of 220 million yuan was successfully put into operation, providing strong financial support for agricultural policy for the smooth implementation and completion of the project.
The project is mainly to build the standard workshop of new energy industry chain. The project will build nearly 200000 square meters of standard plant to provide production plants for the upstream and downstream enterprises of Hunan Jiusen New Energy Co., Ltd. The project provides the necessary infrastructure for the new energy industry and adds momentum to the upgrading of the new energy industry in Linwu County.
In recent years, Linwu County Party Committee and Government have seized the new opportunity of "demonstration area of undertaking industrial transfer in southern Hunan and Western Hunan", and attached great importance to undertaking new energy industry transfer. The new energy industry belongs to the emerging industry of energy conservation and environmental protection. The industrial park of Linwu County belongs to the provincial industrial park of "135 project". After the completion of the project, the farmers' income can be increased by increasing employment and agreement assistance, which is of far-reaching significance to consolidate the achievements of poverty alleviation, promote the long-term development of new energy industry chain and promote the smooth implementation of rural revitalization strategy.