The Agricultural Bank of China Shanghai Branch released a "file establishment" evaluation model for technology enterprises. It has already approved new credit of over 26 billion yuan for visited enterprises.
The Shanghai branch of the Agricultural Bank of China has launched a "file-based evaluation" model for technology companies, using digital means to address the difficulties in identifying, evaluating, and empowering technology companies. It is understood that since May last year, the bank has initiated the "123+" special service action, bringing together government departments, VC, PE, state-owned investment platforms, mainstream media, and other parties to create a "5+N" technology finance ecosystem and jointly visit over 3600 technology companies. Based on this, the bank cooperated with Shanghai University of Finance and Economics to visit and research various entities, and developed and launched the above-mentioned model.
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