AGRICULTURAL BANK OF CHINA(SH:601288) Zheng Quan Ri Bao Zhi Sheng·2025-05-18 13:43Core Viewpoint - Agricultural Bank of China (ABC) Fujian Putian Branch is actively supporting foreign trade enterprises by implementing the national "stabilizing foreign trade" strategy, providing financial resources, and innovating service mechanisms to meet the financial needs of these enterprises [1][2]. Group 1: Financial Support and Initiatives - As of the end of March this year, ABC Fujian Putian Branch has supported 15 foreign trade enterprises with a total credit amount of 2.645 billion yuan and has issued loans amounting to 1.993 billion yuan [2]. - The branch has collaborated with local authorities and organizations to launch the "2025 Putian City Customs, Foreign Exchange, Government, and Bank Jointly Promote AEO Special Action," engaging over 20 foreign trade enterprise representatives to better implement supportive policies [2]. - ABC has detailed a policy list to support AEO (Authorized Economic Operator) certified enterprises, focusing on expanding credit financing, optimizing financing guarantees, upgrading cross-border settlement services, reducing financing costs, and enhancing exchange rate risk management [2]. Group 2: Customized Financial Solutions - A fiber company in Putian received a timely loan of 14.5 million yuan, which has boosted its confidence in overseas competition amid complex foreign trade conditions [3]. - The fiber company, part of the Singapore Golden Eagle Group, produces 300,000 tons of cellulose fiber annually, primarily exporting to the EU and Southeast Asia, and is recognized as a leading enterprise in Fujian [3]. - ABC Fujian Putian Branch has tailored a comprehensive financial service plan for enterprises facing challenges such as prolonged payment cycles and increased exchange rate risks, approving a credit loan of 100 million yuan to support their adaptability [3]. Group 3: Efficiency in Cross-Border Settlements - After obtaining AEO certification, ABC opened a green service channel for a tire manufacturing company, expediting the review of over 400 document information and completing fund settlements of 1.09 billion yuan in a short time, significantly improving fund turnover efficiency [4]. - The tire company, a global leader in its industry, has seen an 18% year-on-year increase in overseas orders and a 22% rise in exports to the Middle East [4]. - ABC Fujian Putian Branch is committed to enhancing cross-border settlement efficiency by understanding enterprise operations and trade backgrounds, providing customized financial solutions, and simplifying processes to accelerate settlements [5]. Group 4: Future Plans - The branch plans to deepen its "one enterprise, one policy" service matrix, driving support through a combination of settlement, financing, and services to provide comprehensive financial backing for foreign trade enterprises [5].