Sou Hu Cai Jing·2025-11-28 03:25Core Insights - The Industrial and Commercial Bank of China (ICBC) Huzhou Branch successfully issued a project loan of 387 million yuan to a local tourism development company, marking a breakthrough in the application of movable asset financing in the cultural tourism sector [1][3] - This innovative financing model provides a new template for revitalizing existing assets and expanding financing channels for regional specialty industries [1][3] Company Overview - The tourism development company has a large investment scale and a long return cycle, with a clear revenue structure that includes ticket sales, recreational activities, accommodation, dining, and retail leisure, indicating stable cash flow expectations [3] - Traditional mortgage financing methods are inadequate due to the high upfront investment and long repayment periods associated with the project [3] Financing Innovation - ICBC Huzhou Branch utilized the China Credit Information Service's accounts receivable financing platform and the unified registration and public announcement system for movable asset financing to design an innovative financing solution [3] - The company’s representative stated that reliance on fixed asset mortgages was traditional, and the use of future revenue pledges has successfully transformed expected future earnings into financing capabilities, accelerating project construction [3] Industry Implications - The continuous improvement of movable asset financing infrastructure is facilitating the flow of financial resources to weaker segments of the real economy [3] - Through institutional innovation and technological empowerment, movable asset financing and accounts receivable platforms have become essential tools for revitalizing existing assets and optimizing resource allocation, supporting the construction of a diversified financing system and promoting industrial transformation and upgrading [3] - ICBC Huzhou Branch plans to continue exploring more application scenarios to support the high-quality development of the cultural tourism industry [3]