---
title: "Anhui's Innovative Funding Mechanism Solves the \"Financing Difficulty\" in Elevator Renovation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260650119.md"
description: "Anhui Province has innovated a diversified funding input mechanism in promoting the renovation and maintenance of old residential elevators, with a cumulative investment of over 720 million yuan, facilitating the upgrade of more than 13,000 elevators, benefiting approximately 900,000 people. This mechanism includes financial funds, emergency repairs, model innovation, and personal contributions from residents, addressing the challenges of fundraising, and has combined with national policies to obtain approval for over 508.5 million yuan in ultra-long-term special treasury bond funds, coordinating the use of 184 million yuan in property maintenance funds"
datetime: "2025-10-10T13:32:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260650119.md)
  - [en](https://longbridge.com/en/news/260650119.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260650119.md)
generator: "portal-rs"
---

# Anhui's Innovative Funding Mechanism Solves the "Financing Difficulty" in Elevator Renovation

According to a news conference held by the Anhui Provincial Government on the 10th, Anhui Province has innovatively explored a diversified funding input mechanism guided by finance, shared by the public, and participated in by society in promoting the special action for the renovation and upgrading of old residential elevators. A total of over 720 million yuan has been invested, driving the renewal and upgrade of more than 13,000 old residential elevators in the province, benefiting approximately 900,000 people. The funding demand for the renovation of old residential elevators is large, and fundraising is difficult. To address this, Anhui Province has explored the establishment of a diversified funding input mechanism that includes "government funding contributes a little, emergency repairs cover a little, innovative models reduce a little, and residents contribute a little" to complete the funding puzzle. In this special action, Anhui combined with the national "two new" policy to obtain 508.5 million yuan in national ultra-long-term special government bond funds for 2024, coordinated the use of 184 million yuan in property special maintenance funds, and provided matching financial subsidies and social funding inputs, solving the problem of "where the money comes from."

### Related Stocks

- [600894.CN](https://longbridge.com/en/quote/600894.CN.md)

## Related News & Research

- [OpenAI's ad business shows blistering growth, hits $1 billion annualized revenue run rate](https://longbridge.com/en/news/297522913.md)
- [REG - China Yangtze Power - Semi-Annual Report of 2026](https://longbridge.com/en/news/297619698.md)
- [China Yangtze Power: Record-high revenue and profit, strong hydropower output, and robust cash flow in H1 2026](https://longbridge.com/en/news/297433292.md)
- [Lanka Ventures publishes FY2025-26 annual report](https://longbridge.com/en/news/297646024.md)
- [DOB Equity takes stake in Uganda solar water provider Irrisol Engineering](https://longbridge.com/en/news/297616977.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**