Anhui Branch of China Construction Bank provide credit support of 6 billion yuan to Bengbu Glass Industry Design & Research Institute

China Building Materials Group, Bengbu Glass Industry Design & Research Institute signed a contact with Anhui Branch of China Construction Bank. The signing ceremony was held in Hefei on Sep. 22. according to "Strategic cooperation agreement", in three to five years, Anhui Branch of China Construction Bank would provide credit support of 6 billion yuan for Bengbu Glass Industry Design & Research Institute to greatly develop new energy, new materials, new glass, new equipment industry.

Recent years, Bengbu Glass Industry Design & Research Institute paid more attention to carry out the integration, industrialization, engineering and internationalization strategy and develop New energy, new materials, new glass, new equipment industry. The firm size is growing day by day and the economic profit is continued to be improved. The brand “Kaisheng” has been the famous brand in Anhui Province.

Since this year, facing with the international financial crisis, Bengbu Glass Industry Design & Research Institute seized the chance to reform and innovate and built PV industry base in Bengbu, creating a complete solar PV industry chain. At the same time, the institute set up an equipment manufacturing base in Huainan, building up  coal and building materials Machinery R & D Manufacturing Center. the LCD glass substrate Industrial Park in Hefei is decided to be the competitive LCD glass substrate industry base in China. The total investment of these bases nearly reached 10 billion yuan. After completed, they were be benefit for the society.