QILU BANK(SH:601665) Qi Lu Wan Bao·2025-06-25 14:46Core Viewpoint - Qilu Bank is actively exploring innovative paths in green finance to support the low-carbon transformation of traditional industries in Shandong, aligning with the national "dual carbon" strategy [1] Group 1: Green Finance Initiatives - Qilu Bank has launched a "sustainable development-linked loan" that ties loan interest rates to pre-set sustainable development performance targets (SPT) of enterprises, promoting a win-win situation for economic and environmental benefits [1][2] - The key performance indicators (KPI) for this loan cover various areas such as energy efficiency, greenhouse gas reduction, waste reduction, renewable energy utilization, water conservation, sustainable procurement, circular economy, biodiversity protection, and ESG assessments [1] Group 2: Loan Implementation and Impact - The first sustainable development-linked loan was issued to a leading NMP supplier, utilizing hydrogen recovery as a key performance indicator, marking a significant milestone in Qilu Bank's financial transformation efforts [2][3] - If the enterprise meets the hydrogen recovery target in 2025, the loan interest rate will be reduced by 5 basis points; otherwise, no discount will be applied, creating a market-driven incentive for low-carbon transformation [2][3] Group 3: Innovations and Breakthroughs - The loan program represents several breakthroughs, including the innovative linkage of hydrogen recovery to loan rates, addressing financing challenges in the chemical manufacturing sector, and establishing a market-based incentive mechanism [3] - A dynamic evaluation mechanism is introduced to ensure that fund usage aligns with emission reduction goals, effectively preventing "greenwashing" risks [3] Group 4: Demonstrated Benefits and Future Outlook - The loan has led to an estimated annual reduction of 2,000 tons of CO2 emissions for the enterprise, enhancing production efficiency and market competitiveness [4] - As of Q1 2025, Qilu Bank's green loan balance reached 40 billion yuan, reflecting a growth of 6.4 billion yuan and a 19% increase from the beginning of the year, indicating a strong commitment to green finance [4]