Core Viewpoint - The Bank of Communications Henan Branch has effectively implemented national policies to expand "two new" initiatives since 2025, focusing on key areas of equipment renewal to support social and economic development and improve people's livelihoods [1] Group 1: Financial Support for Energy Sector - The bank has adopted a "finance for the people" approach, facilitating social and economic development through financial means [1] - A power company, facing urgent funding needs for equipment updates to meet rising electricity demand and enhance grid safety, benefited from a green approval channel, with loan approval completed in just three working days [1] - This initiative aims to strengthen the foundation for public electricity security through efficient financial services [1] Group 2: Support for Equipment Manufacturing Transformation - The bank is targeting the equipment manufacturing sector, providing precise financial support for companies transitioning to green and low-carbon development [1] - A manufacturing company received a loan of 110 million yuan to update its research, production, and testing equipment, after being included in the People's Bank of China’s key equipment renewal loan project list [1] - This financial assistance helps accelerate the implementation of advanced equipment and supports the company's digital and green transformation [1] Group 3: Overall Financial Impact - As of the end of October, the bank has approved nearly 4 billion yuan in loans for equipment renewal projects, covering over 20 projects in energy, environmental protection, and manufacturing sectors [1] - The bank aims to continue optimizing financial resource allocation to support local industry upgrades and equipment renewal [1] - The focus remains on enhancing financial services to the real economy, contributing to the development of regional characteristic industries [1]
金融赋能设备更新助力产业升级