Ministry of Industry and Information Technology: In the first half of the year, more than 3,100 investment institutions focused on manufacturing companies, with a total amount of financing for enterprises exceeding 1.2 trillion yuan.

On July 18th, Xie Shaofeng, Chief Engineer of the Ministry of Industry and Information Technology, stated at a press conference at the State Council Information Office that in the first half of the year, the scale of financing further expanded. With the support of the national industrial and financial cooperation platform, more than 3,100 financial and investment institutions focused on the urgent needs of manufacturing enterprises, launching more than 800 financial products. The total financing scale exceeded 1.2 trillion yuan, with an average of nearly 34 million yuan in financing support for each benefiting enterprise. In the first half of the year, the A-share market raised 148.8 billion yuan for industrial enterprises through initial public offerings, additional issuances, and convertible bonds, an increase of 51.6% year-on-year.