According to information from the Fujian Provincial Department of Finance, following the previous establishment of three phases totaling RMB 28 billion in special funds loans for Small and Medium-Sized Enterprises (SMEs) Using Specialized and Advanced Technologies to Create Innovative and Unique Products, the province has newly launched two additional phases of special loans this year. Each phase has a scale of RMB 10 billion, aimed at helping these SMEs reduce financing costs, expand research and development, and undergo transformation and upgrading.

The loans are targeted at provincial-level SMEs Using Specialized and Advanced Technologies to Create Innovative and Unique Products and national-level "Little Giant" enterprises within the validity period in the fields of industry and information technology (including producer services). The Provincial Department of Finance will provide an annualized interest subsidy of 1% on eligible loans. The maximum subsidy amount for provincial-level SMEs Using Specialized and Advanced Technologies to Create Innovative and Unique Products is RMB 200,000, while for national-level "Little Giant" enterprises, it is RMB 500,000.

Provincial-level SMEs Using Specialized and Advanced Technologies to Create Innovative and Unique Products that have previously received loan interest subsidies for such enterprises may continue to apply for subsequent phases of such enterprise loans if their cumulative use of subsidizable loan amounts does not exceed RMB 20 million and they meet the eligibility criteria. However, the cumulative use of subsidizable loan amounts across all phases must not exceed RMB 20 million. Similarly, national-level "Little Giant" enterprises that have previously received loan interest subsidies for SMEs Using Specialized and Advanced Technologies to Create Innovative and Unique Products may continue to apply for subsequent phases of such enterprise loans if their cumulative use of subsidizable loan amounts does not exceed RMB 50 million and they meet the eligibility criteria. The cumulative use of subsidizable loan amounts across all phases for these enterprises must not exceed RMB 50 million.

Enterprises can apply through the "Fujian Financial Services cloud Platform" or by contacting partner banks, which will assist in submitting applications via the "Fujian Financial Services cloud Platform".