Core Viewpoint - The Jilin Branch of Bank of China is actively supporting the technological innovation, green transformation, specialized and innovative enterprises, and the upgrade of characteristic agricultural industries in Jilin Province, aiming to inject strong financial momentum into the comprehensive revitalization of the region by providing over 50 billion yuan in financing by April 2025 [1][2][4]. Financial Support for Technology and Innovation - As of April 2025, the Jilin Branch has provided financial support to over 300 technology-based enterprises, with a loan balance exceeding 10 billion yuan [3]. - The bank has expedited loan approvals, exemplified by an 80 million yuan loan granted to a glass manufacturing company within three working days to facilitate equipment upgrades [2]. Green Finance Initiatives - The Jilin Branch has issued nearly 3 billion yuan in green credit for projects such as the Daan Wind and Solar Green Hydrogen Integrated Demonstration Project and the BaiCheng 1.4 million kW direct current project [4]. - The bank has also provided over 6 billion yuan in loans to support the electric vehicle industry's transformation, demonstrating a commitment to sustainable energy development [4]. Specialized and Innovative Enterprises - The Jilin Branch has delivered over 2.2 billion yuan in specialized financing to more than 190 "specialized, refined, distinctive, and innovative" enterprises, facilitating their transition to high-quality production capabilities [6]. - The bank has implemented tailored financial services, including intellectual property-based guarantees, to assist companies facing financing challenges due to insufficient collateral [5]. Agricultural Sector Support - The Jilin Branch has launched the "Ginseng Loan" financial service to empower the entire ginseng industry chain, providing 10 million yuan in low-interest loans to a ginseng planting alliance and nearly 30 million yuan in loans to over 100 ginseng farmers [6][7]. - The bank's support has enabled companies to enhance their competitiveness and accelerate digital transformation, as seen in the case of a company that received 8 million yuan to develop high-value products [6].

Group 1 - The core viewpoint highlights the significant role of the ginseng industry in Yanbian Prefecture, Jilin Province, which accounts for over 40% of China's total ginseng production, supported by favorable natural conditions and rich land resources [1] - The local financial institutions have effectively connected with the ginseng industry's financial needs, resulting in a loan balance of 1.511 billion yuan by March 2025, benefiting 1,256 operating entities, with a year-on-year increase in loans issued of 228.22% [1][2] - A collaborative effort among various departments has led to the establishment of a financial support action plan for the ginseng industry, aiming to enhance the financing capabilities and accessibility of financial services for all stakeholders in the industry [2] Group 2 - Financial institutions have innovated credit products specifically for the ginseng sector, addressing funding shortages and facilitating the growth and transformation of the industry [3] - New credit products such as "Ginseng Loan" and "Specialty Treasure" have been introduced, with 32.2514 million yuan in loans issued this year, benefiting 299 operating entities [3] - The Industrial and Commercial Bank of China Yanbian Branch has developed a comprehensive product matrix tailored to the ginseng industry's unique growth cycle and operational phases, enhancing service delivery through technology [3][4] Group 3 - The People's Bank of China Yanbian Branch has guided local financial institutions to establish communication mechanisms with ginseng associations to better understand the financing needs of ginseng growers [4] - Financial institutions are providing no-repayment renewal loans to address the long growth cycle and slow capital turnover in the ginseng industry, ensuring priority approval for credit applications related to ginseng operations [4] - A specific case is highlighted where a ginseng processing company received a loan extension to alleviate cash flow issues, demonstrating the proactive financial support for the industry [4]