AGRICULTURAL BANK OF CHINA(SH:601288) Xin Hua She·2025-08-03 07:02Core Insights - Typhoon "Mojia" caused significant damage to the aquaculture industry in Wenchang, Hainan, with losses exceeding 5 million yuan for some farmers [2] - Nearly a year after the typhoon, financial support has helped aquaculture businesses return to normal operations, with farmers reporting recovery in production and sales [2][4] Financial Support and Recovery - The Agricultural Bank of China Wenchang Branch has provided a total of 440 million yuan in loans to farmers and 509 million yuan in loans to enterprises since the disaster [4] - Innovative financial solutions such as "no principal repayment renewal loans" have been implemented to assist farmers and businesses in overcoming challenges [4] Economic Impact - Hainan's fishery output accounts for nearly one-third of its agricultural output, highlighting the importance of the aquaculture sector to the local economy [4] - The financial support not only aids in the recovery of the aquaculture industry but also contributes to the rural revitalization under the Hainan Free Trade Port initiative, improving the livelihoods of local residents [4]