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The advantage of high-end talent has attracted the attention of banking departments. Shandong's first 5 million RMB "talent loan" has been settled in Nobot.

Published Time:

Oct 14,2019

Shandong Province's first "talent loan" officially issued


On September 30th, with the active promotion of various parties, Liaocheng Rural Commercial Bank issued a 5 million RMB pure credit "talent loan" to Nobot Intelligent Equipment (Shandong) Co., Ltd., the company of Yan Xinhua, a selected candidate for the 2017 Shandong Taishan Industrial Leading Talents program. This marks the first "talent loan" in the province.

At the end of 2018, the Shandong Provincial Local Financial Supervision Bureau, together with the Provincial Organization Department and three other departments, issued the "Interim Measures for the Management of Risk Compensation and Incentive Funds for Shandong Province's "Talent Loans," officially launching the "talent loan" business. This is a credit product specifically for high-level talents or their long-term employers, used for technology transformation and innovative entrepreneurial activities. It is unsecured, unguaranteed, and purely credit-based. The "talent loan" is available to those selected for provincial-level talent programs, including members of the Chinese Academy of Sciences and Chinese Academy of Engineering, those participating in the national "Thousand Talents Plan" and "Ten Thousand Talents Plan," Changjiang Scholars, Taishan Scholars, and Taishan Industrial Leading Talents, or their companies registered within Shandong Province. The maximum loan amount per applicant is 10 million RMB. Each city will establish a supplementary "talent loan" risk compensation fund, compensating at least 50% of the actual principal loss; the provincial government will reward cities with good performance with up to 30% of the actual principal loss.

Nobot Intelligent Equipment is a high-tech enterprise that integrates the independent R&D, production, sales, and service of industrial robots, intelligent automated warehouses, and non-standard automated system integration. The company uses industrial robots as its core, customizing safe, efficient, and flexible automated solutions based on customer needs. The company has undertaken the construction of the Shandong Provincial Multi-joint Industrial Robot Engineering Technology Research Center and established Shandong's first provincial-level industrial robot inspection and testing center. The 5 million RMB "talent loan" will primarily be used for market development and new product R&D.


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