Core Viewpoint - The National Foreign Exchange Administration's Wuwei Branch has successfully initiated a pilot program for the cross-border financial service platform "Enterprise Exchange Rate Risk Management Service," which aims to help enterprises manage exchange rate risks effectively and improve operational efficiency [1] Group 1: Pilot Program Implementation - The pilot program was launched on July 31, with the first exchange rate hedging transaction completed by the Bank of Communications Wuwei Branch for a local enterprise [1] - The program has significantly enhanced the efficiency of business operations while helping enterprises mitigate exchange rate risks [1] Group 2: Promotion and Support - The Wuwei Branch has actively organized financial institutions to promote the concept of neutral exchange rate risk through visits and seminars, guiding enterprises to use hedging tools to cope with exchange rate fluctuations [1] - The branch aims to focus on small and micro enterprises, deepening the application of the cross-border financial service platform and integrating pilot policies with regional economic development [1]

Core Viewpoint - The Heilongjiang Province's cross-border financial service platform has introduced a new application scenario, "Enterprise Exchange Rate Risk Management Service," aimed at enhancing financial support for the province's real economy [1][2]. Group 1: New Application Scenario - The "Enterprise Exchange Rate Risk Management Service" scenario is designed to assist banks in evaluating enterprise operational risks and foreign exchange derivative trading risks, thereby helping enterprises lower the trading threshold for foreign exchange derivatives [2]. - This new service allows banks to access information on enterprises' foreign exchange transactions and derivative contracts, which serves as a reference for determining the scale of foreign exchange derivative trading [2]. Group 2: Implementation and Support - The provincial foreign exchange bureau has meticulously planned the pilot work for the new scenario, selecting banks with strong risk control capabilities and responsiveness to enterprise needs for participation [4]. - Preparatory work included promoting the service, conducting training for bank staff, and issuing operational manuals to ensure smooth implementation of the new service [4]. - As of now, the cross-border financial service platform has successfully launched seven application scenarios in Heilongjiang, facilitating nearly $1.7 billion in online financing credit for small and micro enterprises [4].