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'Qilu KeChuang·Wei Manufacturing': Forging Weifang's 'financial engine' for industrial upgrading

chinadaily.com.cn | Updated: 2026-03-16 15:46
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The year 2026 marks the beginning of the "15th Five-Year Plan" period (2026-30) and a critical leap toward high-quality development. Guided by the beacon of serving national strategies and rooted in the fertile ground of empowering the real economy, Bank of Qilu is forging new paths amid change, striving to create a shining brand in technology finance. By precisely addressing corporate financing bottlenecks, it injects surging momentum into the province's advanced manufacturing sector, nurturing the seeds of new quality productive forces with the enduring power of financial "living water". The bank is dedicated to writing a compelling "Qilu Answer" that serves local high-quality development with heart and commitment.

Government-bank-enterprise collaboration builds a new high ground for tech finance

To deeply implement the strategic directives of the Shandong Provincial Party Committee and provincial government regarding the vigorous implementation of the industrial economy as the "Number One Project" and to strengthen financial support for key manufacturing industry chains, the Weifang Branch of Bank of Qilu in November 2025, in collaboration with the Weifang Municipal Science and Technology Bureau and the Weifang Municipal Branch of the People's Bank of China, held the "Qilu KeChuang·Wei Manufacturing" brand launch conference and a technology finance policy briefing event. At the event, Tao Wenzhe, vice-president of Bank of Qilu, said, "Technology finance is a 'compulsory course' in this new development stage. Bank of Qilu aims to be the 'preferred bank for regional tech-innovative enterprises.' We have tailored the 'Wei Manufacturing' sub-brand and constructed the 'Qimingxing' and 'Weilaixing' product systems covering the entire enterprise lifecycle, turning financial 'living water' into an accelerator for industrial innovation." This innovative practice of tripartite collaboration among government, bank, and enterprise is enabling the virtuous cycle of "technology-industry-finance" to take root in the Qilu region.

Precise drip irrigation empowers 'Intelligent manufacturing in China'

Manufacturing is the foundation of the real economy, and precise financial services are the sunlight and rain that nurture its growth. Bank of Qilu insists on synergistic development, supporting both industry leaders and growth-stage enterprises. Leveraging its "Xiang Yi Rong" featured product matrix, the bank crafted a comprehensive financial service plan for Goertek Optics Technology Co Ltd. As a key emerging growth pole cultivated by the Goertek Group, Goertek Optics focuses on the R&D and production of optical components and urgently needed financial support to fuel its market expansion and capacity leap. Bank of Qilu accurately diagnosed the enterprise's needs and decisively approved a group credit line of 2 billion yuan ($289.88 million), with a special allocation for medium and long-term working capital loans dedicated to raw material procurement and intelligent production line upgrades. Simultaneously, the bank implemented preferential interest rate policies for national-level "Little Giant" specialized and sophisticated small and medium enterprises, opened a "green approval channel", and achieved "second-level" fund response, directly addressing pain points. Adhering to the service philosophy of "tailored solutions for each enterprise, precise drip irrigation", Bank of Qilu not only helps Goertek Optics accelerate its growth into a new group growth pole but also drives the collaborative leap forward of SMEs in the upstream and downstream industrial chains, propelling Weifang's manufacturing industry toward high-end, intelligent, and international development.

Responding to the era's new propositions

From the innovative breakthrough of the technology finance brand to the precise empowerment of manufacturing enterprises, Bank of Qilu has consistently integrated the "Five Major Articles of Finance" into its developmental DNA. Through model innovation, it addresses industry pain points like "cumbersome procedures and financing difficulties", providing robust financial support for various regions aiming to build strong advanced manufacturing cities. Today, the "Qilu KeChuang·Wei Manufacturing" model has created a positive demonstration effect, attracting proactive inquiries and engagement from several key enterprises, and is steadily becoming the "financial engine" for Weifang's industrial upgrading.

Financial "living water" irrigates the fertile soil, and innovative services embark on a new journey. Standing at the new starting point of the 15th Five-Year Plan period, Bank of Qilu will continue to deepen the "headquarters-branch linkage + government-bank-enterprise collaboration" mechanism, continuously optimize its technology finance product system, and increase credit allocation to the "Ten Strong Industries" and specialized and sophisticated SMEs. The bank aims to channel financial "living water" more precisely and warmly into the fertile ground of the real economy, writing an even more brilliant chapter of the "Qilu Answer" within the grand narrative of serving national strategies and empowering local development.

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