An increasing number of enterprises in Xiamen involved in medical research, new retail, software, and information technology services have obtained financing support. [Photo/xmnn.cn

An increasing number of enterprises in Xiamen involved in medical research, new retail, software, and information technology services have obtained financing support, demonstrating that enterprises in Xiamen have strong innovation capabilities and development potential.

The electronics factory of Fourier, a leading Smart PA chip design company in China, cleared 100 million yuan ($15.29 million) in B-round financing. It will continue to develop an audio signal industrial chain and develop peripheral fields for audio frequency.

Medical technology companies such as Xiamen Hongrui Taijie and Xiamen Yingnuo announced that they have completed A-round financing. The head of Hongrui Taijie said the company will work to increase research and development investment so as to provide more convenient and efficient allergen and self-immunity testing solutions for clinics.

Xiamen Fingerprints Interaction completed a new round of equity financing as well. The company provides private customized products and is involved in design, production, sales, and logistics.

The Municipal Development and Reform Commission and the Xiamen Branch of China Development Bank have jointly established the "2021 Special Project for Promoting Effective Investment and Financing", costing more than 30 billion yuan. The Municipal Development and Reform Commission plans to give priority to recommending projects with financing needs, and the bank will open up a "green channel" to provide policy support related to service teams, approval processes, loans, credit conditions, and financing interest rates.