AGRICULTURAL BANK OF CHINA(SH:601288) Zheng Quan Ri Bao Zhi Sheng·2025-06-08 14:44Core Viewpoint - The article highlights the significant role of Agricultural Bank of China in supporting local farmers in Guang'an District, Sichuan Province, particularly in the oilseed rape industry, contributing to rural revitalization and economic development [1][2][7]. Group 1: Financial Support and Impact - Agricultural Bank of Guang'an District provided crucial financial support to local farmers, enabling them to expand their oilseed rape cultivation and improve agricultural practices [2][5]. - The bank's "Huinong e-loan · Facility Loan" product facilitated a loan of 2 million yuan to a local farmer, allowing her to invest in large-scale oilseed rape production [2][3]. - As of April, the bank's agricultural loan balance reached 2.216 billion yuan, benefiting 2,497 households and promoting local specialty agriculture [7]. Group 2: Technological Advancements and Practices - Farmers in Guang'an District adopted advanced agricultural technologies, including mechanized planting and pest control, to enhance oilseed rape production and efficiency [3][4]. - The introduction of high-yield seed varieties, such as Chuan You 81 and Mian You series, significantly increased oil yield and production rates compared to traditional varieties [4]. - The integration of oilseed rape and rice cultivation maximized land use efficiency and profitability for farmers [6]. Group 3: Economic Outcomes - Farmers reported substantial increases in yield, with expected production of 300 jin per mu (approximately 1,500 kg per hectare) for oilseed rape, leading to higher market prices after processing [4][6]. - The financial support from the bank enabled farmers to achieve full mechanization in harvesting, resulting in projected annual incomes exceeding 1 million yuan [5]. - The overall economic impact of these initiatives is reflected in the transformation of local farmland, enhancing productivity and contributing to rural economic growth [7].