Core Viewpoint - The Bank of China Ningbo Branch has successfully implemented a repurchase bill rediscounting business amounting to 77.6051 million yuan, responding to the People's Bank of China's initiative to enhance the efficiency of rediscounting policies [1] Group 1: Business Performance - The Bank of China Ningbo Branch has focused on the demand for bill financing from local enterprises, achieving a cumulative bill financing issuance of 33.5 billion yuan as of September 2025, representing a year-on-year increase of 52% [1] - The balance of bill financing has surpassed 20 billion yuan for the first time, indicating significant growth in the bank's operations [1] Group 2: Economic Impact - The use of rediscounting funds from the People's Bank of China has effectively reduced financing costs for enterprises, supporting the development of the manufacturing sector and private enterprises [1] - The bank plans to further leverage rediscounting and other monetary policy tools to expand the application scenarios of bill financing and deepen service offerings, contributing to the stability of regional industrial and supply chains [1]