On November 30, 2015, Hikvision finalized a deal in which they received a $3.1 billion line of credit from China Development Bank.
“Hikvision is planning to participate in a multitude of public projects that aim to benefit existing and developing communities, including cities and municipalities worldwide,” said Alex Asnovich, director of marketing, Hikvision North America. “Examples of these projects include intelligent transportation networks, energy production and supply systems, community infrastructure improvements and other critical initiatives. Hikvision plans to participate in a PPP (Public – Private – Partnership) financing program, which requires a combination of public and private partnership. As a part of the program, private and publically traded companies like Hikvision are required to inject capital into public projects which would naturally require additional funding. This is what this line of credit can be used for.”