Core Insights - The article highlights the successful acquisition of a 10 million yuan credit loan by Jiuzhou Traditional Chinese Medicine Development Co., which was facilitated by the local Science and Technology Bureau, showcasing the importance of government support in addressing financing challenges for small and medium-sized enterprises [1][5][9]. Group 1: Company Overview - Jiuzhou Traditional Chinese Medicine, a subsidiary of Jiuzhoutong Pharmaceutical Group, has been operating in Macheng for 13 years and is a key supplier for major companies like Yifeng Pharmacy and Liangpinpuzi, with projected sales exceeding 107 million yuan in 2024 [3][9]. - The company aims to capitalize on the health consumption trend by developing new products such as milk dates and red date sesame walnut cakes, but faced financial constraints for upgrading production facilities [3][5]. Group 2: Financing Process - The local Science and Technology Bureau identified Jiuzhou Traditional Chinese Medicine's financing needs and provided assistance by interpreting credit loan policies and helping to organize the company's commercial credit assets [5][7]. - The Bureau acted as a liaison between the company and Everbright Bank, streamlining the loan application process, which typically takes months, to just 15 working days, with a lower interest rate compared to traditional loans [7][9]. Group 3: Impact of Financing - The 10 million yuan credit loan has already had a positive impact, increasing the storage area by 40% and doubling food production capacity with the new cleanroom and automated production line [9]. - In the first half of the year, the company's output value reached 58 million yuan, reflecting a 6% year-on-year growth, attributed to the support from the Science and Technology Bureau [9][10]. Group 4: Broader Initiatives - The Science and Technology Bureau is actively working to alleviate financing difficulties for small and medium-sized enterprises in Hubei Province, having organized multiple large-scale bank-enterprise matchmaking events and facilitated over 63 companies in securing a total credit of more than 250 million yuan [9][10].