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Hubei: Wuhan SMEs secured patent-collateralized loans of 600 million yuan

2012/02/22

Wuhan SMEs secured patent-collateralized loans of 603.2 million yuan from local banks in 2011, reported from Wuhan Municipal Intellectual Property Office.

In 2011, Bank of Communications, China Citic Bank and Hankou Bank extended 35 credit loans totaling 603.2 million yuan and actually granted 425.2 million yuan. Wuhan Splendid Optronics Technology Co.,Ltd. won a loan of 100 million yuan from Wuhan Rural Commercial Bank with an invention patent of “Carbon nano tube technology in liquid crystal on silicon micro-display”, the highest loan in the pledge of a single patent in Hubei.

(Source: IPR in China)




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