---
title: "Changzhou Supply Chain Public Service Platform, Industrial Bank Changzhou launch online factoring service"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296061349.md"
description: "Changzhou Investment Group’s supply chain platform and Industrial Bank’s Changzhou branch launched online factoring for SME receivables. The first transaction closed on Aug. 11, disbursing 76,000 based on core enterprise payables. Additionally, the platform has connected with China CITIC Bank’s Changzhou branch to expand online factoring services."
datetime: "2026-08-17T05:59:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296061349.md)
  - [en](https://longbridge.com/en/news/296061349.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296061349.md)
generator: "portal-rs"
---

# Changzhou Supply Chain Public Service Platform, Industrial Bank Changzhou launch online factoring service

-   Changzhou Investment Group’s supply chain public service platform partnered with Industrial Bank’s Changzhou branch to launch online factoring for SME receivables. \* First transaction closed on Aug. 11, with funding disbursed online based on confirmed payables from a core enterprise. \* Supplier financing in the initial deal totaled 76,000, with proceeds paid directly to the company’s account. \* The platform has also completed a system connection with China CITIC Bank’s Changzhou branch to expand online factoring rollout. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Changzhou Investment Group Co Ltd published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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