NEWS

Dongguan launches -Chaowan Copyright Loan- to realize -real money- from the copyrights of Chaowan companies

On October 26, during the 14th China International Animation Expo, a special matchmaking event titled “City of Chinese Trendy Toys: Trendy Toy Center” was held in Dongguan. Here, the city officially launched its first copyright pledge financing product, the “Guanyin Trendy Toy Copyright Loan,” and held a collective credit granting ceremony. Three trendy toy companies from Dongguan received a total of 55 million yuan in bank credit.

Dongguan has earned the title of “City of Chinese Trendy Toys,” and the trendy toy industry is thriving there. Currently, Dongguan manufactures a quarter of global animation derivatives, with nearly 85% of the nation’s trendy toys produced in the city. In recent years, many manufacturers have begun to upgrade by introducing their own intellectual property (IP) and developing core competitive copyright assets. As a result, several toy companies have transformed from mere processing manufacturers into culturally rich and competitive trendy toy enterprises.

To support high-value copyright companies in their innovative development and to broaden financing channels for small and micro enterprises, the Dongguan Copyright Bureau, Dongguan Market Supervision Bureau, the People’s Bank of China Dongguan branch, and Dongguan Bank collaborated to launch a series of trendy toy intellectual property loan products. Among these, the “Guanyin Trendy Toy Copyright Loan” aims to convert the copyright “soft power” of these companies into a tangible financing asset through copyright pledge guarantees.

This loan product is specifically designed for trendy toy businesses in Dongguan, allowing them to pledge their intellectual property rights—including copyrights, patents, and trademarks—to Dongguan Bank. Depending on the borrower’s actual operational and tax status, Dongguan Bank can provide credit of up to 30 million yuan for daily business operations, with interest rates as low as the current Loan Prime Rate (LPR).

Prior to this, Dongguan’s relevant departments had already identified a group of high-value market entities, including copyright-rich companies and award-winning businesses, to create a “white list” of key copyright enterprises. Moreover, banks in Dongguan are actively strengthening financing connections with major trendy toy companies to fully meet their diverse financing needs.

During the matchmaking event, representatives from these “white list” companies were granted credit collectively. Notably, Guangdong Longbow Wang Industrial Co., Ltd. received credit of 20 million yuan, Dongguan Funfair Baby Products Co., Ltd. also secured 20 million yuan, and Chengshi (Dongguan) Cultural Technology Co., Ltd. was granted 15 million yuan. Additionally, the Dongguan Tea Mountain Toys and Infant Products Association received an overall credit limit of 1 billion yuan.