SPD Bank hosted an event on Aug 31 in Shanghai's Lin-gang Special Area as part of the Dishui Lake emerging finance conference.

During the event, the cross-border sci-tech innovation and financial service integration initiative was launched, bringing together SPD Bank, Longsys, Maxvax Biology, Zencore Biologics, and various private equity funds. The goal of this initiative is to foster a better work system between technology innovation and financial services.

The cross-border sci-tech innovation and financial service integration initiative is launched on Aug 31. [Photo/WeChat ID: shlgguanweihui]

In the future, this initiative will continue to attract tech and finance experts. Its focus is on building a tech-driven financial service network that boosts financial support for innovation and accelerates integration between technology, finance, and industry in the Lin-gang area.

Since the establishment of the Lin-gang Special Area in August 2019, SPD Bank has provided comprehensive support to Dishui Lake Financial Bay, serving nearly 7,000 businesses and providing 30 billion yuan ($4.1 billion) in loans.