AGRICULTURAL BANK OF CHINA(SH:601288) Zhong Guo Jin Rong Xin Xi Wang·2026-01-22 03:53Group 1 - The core viewpoint of the articles highlights the challenges and solutions faced by Shanghai Xafei Cosmetics Co., Ltd. as it shifts its production to Southeast Asia while ensuring the safety of its cross-border supply and capital chains [1][2] - Shanghai Xafei Cosmetics Co., Ltd. has been in operation since 1985, primarily engaged in the wholesale and sales of chemical products, with a market presence in the US, Europe, East Asia, and Southeast Asia [1] - The company is transitioning its production to Southeast Asia to optimize its industrial chain layout, which has led to a need for financial services that can ensure capital safety and align with its new business model [1] Group 2 - Agricultural Bank of China Shanghai Branch has established a "Service Trade Innovation Business Base" in the Lingang New Area in 2023, and a "Cross-Border Offshore Business Center" in September 2025 to explore advanced financial services and institutional innovations [2] - The bank focuses on institutional openness and aims to convert policy opportunities into practical development, particularly in promoting cross-border offshore business in the Lingang New Area [2] - The bank has successfully implemented the first digital RMB cross-border settlement business under capital items in Shanghai and participated in various pilot projects related to offshore trade and financial services [2]