Core Insights - The article highlights the innovative financial products developed by Guilin Micro Guarantee Company to address the financing difficulties faced by small and micro enterprises in Guilin [1][9][14] - The company has successfully integrated inclusive finance into various sectors, including agriculture and tourism, demonstrating its impact on local economic growth [1][10][12] Financing Challenges and Solutions - Small and micro enterprises often struggle to secure loans due to lack of collateral, leading to reliance on innovative financing solutions [1][5][10] - Guilin Micro Guarantee Company offers products like "Beer Loan," "Hotel Guarantee," and "Entrepreneur Guarantee" to facilitate access to credit for businesses without traditional collateral [1][9][11] Case Studies of Beneficiaries - Longda Breeding Company expanded its cattle farming from 50 to 800 heads, securing a 900,000 yuan loan with a low guarantee rate of 0.5% through Guilin Micro Guarantee [5][9] - Xinji Rice Industry, facing a funding gap during factory relocation, obtained a 5 million yuan guarantee loan, enabling its growth and creditworthiness [6][8] Impact on Local Economy - The tourism sector in Guilin has seen significant growth, with 157 million visitors in 2024, generating 192.79 billion yuan in revenue, supported by financing from Guilin Micro Guarantee [10][12] - The company has guaranteed loans for 238 tourism-related businesses, amounting to 1.076 billion yuan, enhancing the development of local hospitality and tourism [10][11] Innovative Financing Models - Guilin Micro Guarantee has introduced a new risk-sharing model, shifting from the traditional "20-80" risk distribution to a "4-6" model, enhancing the risk-bearing capacity of the financing system [12][14] - The company utilizes big data technology to develop a risk control model, improving decision-making and operational efficiency in the guarantee process [13][14] Future Directions - The company plans to continue expanding its services and enhancing risk-sharing mechanisms to support more small and micro enterprises, contributing to high-quality local economic development [14]