AGRICULTURAL BANK OF CHINA(SH:601288) Zhong Guo Jin Rong Xin Xi Wang·2025-08-01 10:55Core Viewpoint - The article highlights the transformative impact of financial support from Agricultural Bank of China on the local agricultural products of Longde County, Ningxia, enabling them to thrive in urban markets and contribute to rural revitalization. Group 1: Livestock - Longde County's beef cattle market faced challenges such as price fluctuations and limited sales channels, but with the implementation of a "no repayment loan" strategy by Agricultural Bank, farmers can now manage their cash flow better and avoid selling cattle at low prices [1][2] - As of now, Longde County has a beef cattle inventory of 153,000 heads, generating a production value of 687 million yuan, demonstrating a counter-cyclical growth despite market challenges [1] Group 2: Medicinal Herbs - The local medicinal herb industry has evolved from traditional methods to a more scientific approach, with companies like Ningxia Hengruiyuan Traditional Chinese Medicine Technology Co., Ltd. receiving financial support to enhance their production capabilities [3] - Agricultural Bank's investment in "medicinal food integration" has led to partnerships with local universities, resulting in improved cultivation techniques and higher value-added products, transforming local herbs into health products [3] Group 3: Vegetables - Longde County's vegetables, such as bell peppers and broccoli, have successfully entered urban markets, showcasing the effectiveness of financial support in developing "smart agriculture" [4] - With a loan of 3 million yuan from Agricultural Bank, local farmers have upgraded their farming practices, leading to a 30% increase in yield and faster delivery times to urban markets [4]