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Selected as Guangdong Province's Specialised and New SME 2020

The Department of Industry and Information Technology of Guangdong Province (GDDIIT) announces the list of Guangdong Province's Specialised and New SMEs 2020. Among the 133 selected Huizhou enterprises, Town Ray Electrical (Huizhou) Limited of our Group is being one of the selected enterprises.

The enterprises that have been rated as Specialised and New enterprises will be included in the PRC Small and Medium-sized Enterprises Association’s "Specialised and New" SME database; in accordance with the "Guidelines on Promoting the Healthy Development of Small and Medium-sized Enterprises", in the procurement activities of governments at all levels will favour the rated enterprises. The association actively assists the rated enterprises to connect with local governments' supporting policies for "Specialised and New" SMEs. This is equivalent to a significant improvement in "Quality" for the enterprises, which will be supported in many ways. The GDDIIT will provide key support to "Specialised and New" enterprises in financing services, technical services, innovation drive, transformation and upgrading, special training, etc., and provide provincial financial loan discount support for three consecutive years to help enterprises grow bigger and stronger .