INDUSTRIAL BANK(SH:601166) Zhong Guo Jin Rong Xin Xi Wang·2025-06-17 06:25Core Viewpoint - The successful loan provision by Industrial Bank's Hohhot branch to a steel enterprise for a project focused on ultra-low emissions technology transformation and equipment updates highlights the bank's commitment to supporting industrial upgrades and green initiatives [1][3]. Policy Implementation - In April, the People's Bank of China and the National Development and Reform Commission established a 500 billion yuan re-loan program to encourage financial institutions to support technology innovation and equipment updates for small and medium-sized enterprises [2]. - Following the policy announcement, Industrial Bank's Hohhot branch acted swiftly to mobilize resources and promote the loan program as a key tool for traditional industry transformation [2]. Tailored Support for Industry Upgrade - The bank conducted thorough assessments of the financing needs of enterprises on the project list, identifying a steel company focused on developing a circular economy and implementing clean production [2]. - Upon learning about the steel enterprise's funding requirements, the bank promptly engaged with the company to discuss financing solutions, ultimately approving a total of 984 million yuan for 23 projects aimed at equipment updates [3]. Future Directions - The Hohhot branch plans to continue supporting national credit policies, focusing on energy conservation, carbon reduction, and digital transformation in key sectors [4]. - The bank aims to integrate large-scale equipment updates with broader strategic initiatives, ensuring effective allocation of financial resources to support high-end, intelligent, and green industrial development [4].