Two Major Institutions Join TEDA in Yuxiang Area
Recently, Tianjin Esurfing Financing Guarantee Co., Ltd, a subsidiary of China Telecom, and Lay-out (Tianjin) Investment Management Co., Ltd, a subsidiary of Lay-out Planning Group, are stationed in Binhai Fund Town. Esurfing Financing Guarantee will build a financial risk control system with operator characteristics, provide financing guarantee services for small and medium-sized enterprises in TEDA, and help enterprises reduce financing costs. Lay-out Investment Management will introduce pan-investment banking institutions such as smart city consulting, industrial planning consulting, financial leasing and financial factoring in a united office approach. In the future, it will also act as a fund sponsor and manager to introduce industrial operators, contractors, financial investors and strategic investors, focusing on investing in the three major fields of new energy, new infrastructure and new economy.
Building a modern financial center is one of the important positioning of high-quality growth of TEDA’s Yuxiang Area. With Binhai Fund Town as the core financial carrier in the region, more than 160 well-known investment institutions including CAS Capital, CITIC Capital, IDG and other state-owned enterprises have been attracted here. These converging financial institutions has become a major force to forge a modern financial center in TEDA's Yuxiang Area.
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