Zhong Guo Jin Rong Xin Xi Wang·2025-07-17 11:52Group 1: Financial Support for Renewable Energy Projects - The Yellow River Pumped Storage Power Station in Ningxia is under construction, utilizing the Yellow River as a water source and incorporating a water purification system to manage sediment levels, thus promoting efficient water resource use and ecological protection [1] - Agricultural Bank of China Ningxia Branch has approved a loan of 6.28 billion yuan for the project, with 530 million yuan already disbursed, providing strong financial support for its implementation [1] - The bank is focusing on supporting clean energy industries, including wind, solar, water, and hydrogen, to enhance local economic development [1] Group 2: Development of Specialty Industries - Ningxia has been developing six specialty industries, including wine, goji berries, milk, beef cattle, sheep, and cool-season vegetables, leading to an increase in international trade of "Ning" branded agricultural products [2] - The bank has facilitated cross-border RMB settlement agreements to help local companies mitigate exchange rate risks, particularly in the goji berry trade [2] - As of June this year, the bank's international settlement volume and cross-border RMB settlement volume increased by 18.3% and 54.7% year-on-year, respectively [2] Group 3: Support for Migrant Populations and Rural Revitalization - Ningxia has implemented a Million Migrants Prosperity Enhancement Action to improve the living standards of over one million relocated individuals [3] - The bank has provided loans to support agricultural projects, such as goji berry plantations, which have created job opportunities for local residents [3] - As of June this year, the bank's rural industry loan balance reached 18.65 billion yuan, an increase of 2.92 billion yuan since the beginning of the year [3] Group 4: Overall Loan Growth and Financial Contributions - As of June this year, the total loan balance of the Ningxia Branch exceeded 100 billion yuan, reaching 101.21 billion yuan [4] - The bank aims to enhance financial service quality to contribute to the development of a prosperous, united, beautiful, and affluent new Ningxia [4]