On March 14, China Construction Bank Corporation's Suzhou branch successfully disbursed a merger loan for a private listed technology enterprise, marking the first actual pilot loan issued by a large commercial bank since the release of the pilot policy for technology enterprise merger loans. The acquiring party of this loan is a nationally recognized Specialized, Special and New "little giant" and a privately-owned enterprise listed on the Star market, currently planning cross-regional integration development and increasing long-term investment in technology research and development. China Construction Bank Corporation's merger loan amounted to 0.19 billion yuan, financing accounted for 80% of the transaction amount, with a duration of 8 years, which aligns closely with the enterprise's merger needs and the pilot policy direction. The smooth issuance of this pilot loan will open a channel for large commercial banks to expand merger financing supply and inject long-term funding "vitality" into technology enterprise mergers, alleviating the long-standing financing difficulties faced by technology enterprises.
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建设银行率先落地民营科技企业并购贷款试点业务
China Construction Bank Corporation was the first to implement the pilot business for merger loans for private technology enterprises.
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