Hefei High-tech Financing Guarantee Co Ltd is located in Hefei National High-tech Industry Development Zone. [Photo/WeChat account hefeigaoxinfabu]

Hefei High-tech Financing Guarantee Co Ltd serves the financing needs of sci-tech enterprises in Hefei National High-tech Industry Development Zone in Hefei, capital of East China's Anhui province.

The State-owned company, under the administrative committee of the Hefei high-tech zone, has launched a variety of inclusive financial products to support the development of local enterprises.

To date, the company has guaranteed about 13 billion yuan ($2 billion) in loans for nearly 1,000 enterprises.

A number of renowned enterprises that it supported, such as iFlytek, Huami, and Sungrow, have gone public at home or abroad.

During the COVID-19 epidemic, the company helped solve financial difficulties incurred by those affected enterprises, helping them resume production. In addition, it provided loan guarantees for those enterprises producing anti-epidemic supplies.

In May 2021, the company made the 2020 outstanding institutions commendation list of the Anhui provincial science and technology financing guarantee system.