Beijing E-Town International Financing Guarantee Co -- known as E-Town Financing Guarantee -- is supporting the development of micro, small and medium-sized companies based in the Beijing Economic-Technological Development Area (BDA) with an 8 million yuan ($1.14 million) financing guarantee facility provided for Beijing Hanteng Luoke Electronic Technology Co on Nov 13.

BDA officials said the move was to support the expansion of a new scale of business in the area and its market competitiveness.

Established in June 2013 in the BDA, Beijing Hanteng Luoke Electronic Technology Co is positioned as an agent for well-known brands of high-end medical equipment and is a first-level agent for Philips Healthcare in Beijing.

It has its own production base and warehouse in the BDA and mainly sells medical magnetic resonance equipment, ultrasonic instruments and other medical equipment.