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“Ten Thousand People Assist Ten Thousand Enterprises, Boosting New Dafang”: Li Chao, Member of the Party Committee and Deputy President of the Provincial Branch of Industrial Bank, Leads a Delegation on an In-Depth Visit and Research Tour to New Dafang


Xin Dafang News: On the morning of June 17, in order to thoroughly implement the Henan Provincial Party Committee and Provincial Government’s work plan for “Ten Thousand People Assisting Ten Thousand Enterprises” and the spirit of the Henan Banking and Insurance Regulatory Bureau’s mobilization meeting for the “Branch Presidents Visit Ten Thousand Enterprises” initiative, Li Chao, a member of the Party Committee and Deputy President of the Henan Branch of Industrial Bank, led key branch executives on an in-depth visit and research tour to Xin Dafang, accompanied by Chairman Zhang Zhihua and Vice Chairman Gao Huijie.

President Li and his delegation listened to Zhang Zhihua’s detailed account of how, in the current harsh economic environment, enterprises can make informed, scientific decisions and respond proactively by leveraging technological innovation, expanding into both domestic and international markets, extending the industrial chain, strengthening military-civilian integration, accelerating alignment with capital markets, and achieving growth against the trend. President Li first commended Xindafang for being recognized as a national… “ Specialized, Refined, Distinctive, and Innovative ” Congratulations were extended to the key “Little Giant” enterprises, with their innovative capabilities and achievements being recognized and commended.

President Li stated: “The ‘President Visits Ten Thousand Enterprises’ initiative is a concrete manifestation of the provincial Party committee and provincial government’s efforts to alleviate the difficulties faced by high-end equipment enterprises. By enriching and expanding financial support, we will further empower the real economy and contribute the financial sector’s strength to Henan’s pursuit of high-quality development.” Following a tour of the production facilities, President Li expressed full appreciation for Xindafang’s development of water-transfer engineering equipment that fills a domestic gap, as well as for the heavy-duty transport vehicles exported to Turkey and Russia. He went on to say that Industrial Bank will, in light of each enterprise’s operational conditions, further refine and adjust its credit approval arrangements, striving to deliver policy support that helps businesses reduce costs while increasing volume and lowering prices.

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