Jing Ji Ri Bao·2025-10-26 21:51Core Insights - The introduction of the "Railway Freight Certificate" business aims to alleviate the financial pressure on large energy companies by providing a solution for high coal transportation costs and improving cash flow efficiency [1][2] Group 1: Industry Challenges - Large commodity enterprises face significant cash flow challenges due to high railway transportation fees and the common practice of cash purchases from upstream suppliers while extending credit to downstream customers [1] - The typical settlement method in the industry involves cash payments to upstream suppliers while downstream customers often delay payments for 1 to 3 months, exacerbating cash flow issues [1] Group 2: Financial Solutions - The "Railway Freight Certificate" business, initiated by Zheshang Bank in collaboration with the China National Railway Group and other financial institutions, integrates financial services with logistics to support enterprises [2] - This service allows companies to apply for a credit certificate online after generating a freight bill, enabling real-time verification and payment processing, with a repayment period of up to one year [2] Group 3: Benefits of the New Business Model - The "Railway Freight Certificate" business creates a win-win situation for the railway, banks, and enterprises by ensuring timely payment of freight, reducing financial costs for companies, and expanding the supply chain financial services offered by banks [3] - The initiative helps stabilize transportation operations and lowers overall logistics costs for society [3]