Guang Xi Ri Bao·2026-01-07 23:11Core Viewpoint - The article discusses the successful implementation of a "sale-leaseback" project for breeding pigs by Guangxi Zhengda Modern Agriculture Co., which transforms biological assets into financial liquidity through innovative financial transactions [1] Group 1: Project Overview - The project, launched on December 30, 2025, is a collaboration between Jiao Yin Financial Leasing Co., a subsidiary of Bank of Communications, and the Guangxi branch of Bank of Communications [1] - This project represents the first biological asset financing lease in the Bank of Communications system, aimed at addressing the financing difficulties faced by new agricultural operators [1] Group 2: Challenges and Solutions - Biological assets are characterized by life, liquidity, and value volatility, making them difficult to qualify as effective collateral under traditional credit models, leading to financing challenges for agricultural operators [1] - The valuation of biological assets and risk monitoring are significant hurdles that often deter financial institutions from engaging [1] - Jiao Yin Financial Leasing established a dynamic assessment model for pig valuation through on-site research, focusing on breed, production performance, breeding costs, and transaction value [1] Group 3: Risk Management - The core challenge of biological asset financing lies in risk identification, assessment, and management [1] - Jiao Yin Financial Leasing implemented comprehensive monitoring of pigs, including identity verification, breeding locations, biosecurity systems, and insurance coverage, to manage risks effectively [1] - A multi-layered risk mitigation mechanism was designed, incorporating "asset value + borrower credit + supplementary guarantees" to enhance risk management [1] Group 4: Impact on the Industry - The collaboration effectively addressed the urgent need for the company to activate existing assets and supplement liquidity [1] - The dynamic valuation and risk management approach provided new insights for the company's asset management [1] - The initiative reflects the value of financial services in addressing the pain points of the real economy and supporting rural revitalization efforts [1]