Core Viewpoint - Guangdong has officially launched its first batch of green foreign debt pilot projects, with a total registration amount of approximately 2.4 million USD on the first day, aimed at supporting green industry development and addressing financing challenges for enterprises, especially small and medium-sized ones [1][2]. Group 1: Green Foreign Debt Pilot Implementation - The pilot program allows non-financial enterprises in Guangdong to raise funds from abroad specifically for green or low-carbon transformation projects, addressing the financing difficulties faced by these enterprises [1]. - The risk conversion factor for green foreign debt projects has been reduced from 1 to 0.5, significantly increasing the cross-border financing limits for eligible projects [2]. - The pilot program aims to enhance the efficiency of foreign debt registration by allowing banks to handle the entire process, including registration, account opening, and fund exchange, providing a one-stop service for enterprises [2]. Group 2: Impact on Companies - Shantou Tianji Co., Ltd. has reported that the financing cap for overseas funding was previously limited to 30 million RMB, which was insufficient for their lithium battery material upgrade project; the new policy has doubled their financing capacity [2]. - Foshan Keshun Waterproof Technology Co., Ltd. plans to borrow funds from abroad to purchase green products, benefiting from the streamlined registration process established by the pilot program [2]. - The Agricultural Bank of Guangdong Province has opened a dedicated "green channel" for processing green foreign debt registrations, completing a registration of 1 million USD for Keshun on the first day of the pilot [2].