The relevant business leader of ICBC Shanghai Branch introduced that since April this year, the bank has actively identified customer needs and recommended more than 52 industrial fixed asset project funding enterprises with a total investment of more than 20 million yuan to the competent departments. The main areas are traditional industry transformation and upgrade and low-carbon transformation equipment purchase and technology update transformation. Industrial and Commercial Bank of China Shanghai Branch is vigorously promoting a new round of large-scale equipment updates and technical transformations. It was learned that recently, ICBC Shanghai Branch issued a loan of more than 50 million yuan for the 'Shineroad Intl Global R&D Center and Product Incubation Manufacturing Base Project' of Shanghai Shineroad Food Materials Co., Ltd., with a contract amount of 240 million yuan. This project became the first equipment update and technical transformation re-loan in Shanghai. (Xinhua Finance)