Zhong Guo Jin Rong Xin Xi Wang·2025-07-04 06:19Core Insights - CITIC Bank's Shangrao branch successfully completed a RMB 5 million accounts receivable financing for a local electronics company, marking it as the first joint-stock bank in Shangrao to provide local accounts receivable financing [1][2] - The State Administration of Foreign Exchange (SAFE) in Shangrao has been actively promoting the facilitation of cross-border financing policies, aiming to reduce financing costs and improve capital turnover efficiency for enterprises [1] - The financing will alleviate the export business's account period pressure for the electronics company, providing effective financial support for its international market expansion [1] Company Actions - CITIC Bank's Shangrao branch responded quickly to policy guidance, completing system integration, process optimization, and business filing to achieve local financing service [1][2] - The branch plans to deepen collaboration with SAFE and continue optimizing international business service models to provide integrated financial solutions for more local enterprises [2] Industry Impact - The successful implementation of this financing service sets a new benchmark for regional cross-border financial services [1] - SAFE officials expressed expectations for CITIC Bank to continue leveraging its advantages as a joint-stock bank to support the high-quality development of Shangrao's export-oriented economy [2]