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E-Town Financing Guarantee supports financing of Silian Pharmaceutical

Updated : 2018-08-07

E-Town Financing Guarantee supports financing of Silian Pharmaceutical

Beijing Silian Pharmaceutical Co Ltd [Photo/etowncapital.com]

Beijing E-Town International Financing Guarantee Co recently provided long-term financing guarantee support to Beijing Silian Pharmaceutical Co. The financing was to help satisfy the firm’s working capital requirements.

E-Town Financing Guarantee charged guarantee fees of only one percent which is half of the industry average, a preferential rate for companies in the Beijing Economic-Technological Development Area (BDA).

Since 2018, E-Town Financing Guarantee has been proactively helping companies in the BDA to grow by expanding its service channels and supporting companies’ financing demands.

Beijing Silian Pharmaceutical is a high-end technological firm that registered in the BDA in 2001. The firm focuses on the research, production and selling of folic acid which is applied in several areas, including maternal and child health, reproductive health, orthopedics and oncology. It hosts manufacturing bases in both the BDA and Daxing Biomedicine Industrial Base and its businesses are located in more than 340 cities in 26 provinces across China.