SPD BANK(SH:600000) Xin Lang Cai Jing·2025-09-17 04:11Core Viewpoint - Shanghai Branch of SPDB is pioneering foreign exchange business reform, enhancing digital capabilities and risk management to streamline processes for qualified clients [1] Group 1: Foreign Exchange Business Reform - SPDB Shanghai Branch is one of the first branches to implement foreign exchange business reform starting October 2024, guided by the Shanghai Bureau of the State Administration of Foreign Exchange [1] - The bank is focusing on building an intelligent risk control system throughout the entire process of foreign exchange business, ensuring both risk prevention and operational convenience [1] Group 2: Cross-Border RMB Service Model - In September 2025, the People's Bank of China and the State Administration of Foreign Exchange encouraged banks to handle cross-border RMB business in accordance with the new regulations [1] - SPDB has defined the scope of cross-border RMB business for its qualified clients based on their characteristics and risk profiles, allowing them to conduct transactions with just payment instructions [1] Group 3: Efficiency in Cross-Border Transactions - On September 12, SPDB Shanghai Branch facilitated a rapid cross-border RMB payment of approximately 22.8 million for a shipyard client, significantly reducing the documentation burden and processing time [1] - The new process allows qualified enterprises to complete transactions without extensive documentation, enhancing the efficiency of cross-border fund settlements [1] Group 4: Future Directions - SPDB Shanghai Branch plans to refine service scenarios, enhance market sensitivity, and strengthen cross-border financial innovation to further improve the quality and efficiency of its services [2] - The bank aims to leverage policy incentives to benefit more market participants and contribute to the healthy development of foreign-related economies [2]