Core Insights - Jiangsu Province's Yangzhou City, known as the "toothbrush capital of China," produces 7.5 billion toothbrushes annually, with a market value exceeding 13 billion yuan, capturing 90% of the domestic market and 35% of the global market [1] - The development of the toothbrush industry in Yangzhou is supported by local financial institutions, particularly the Construction Bank, which provides tailored financial products to assist local enterprises in upgrading equipment and expanding capacity [1][6] - Jiangsu Sanxiao Group, a prominent local company, has successfully transitioned from a struggling factory to a leading brand in the personal care sector, aided by financial support from the Construction Bank [2][5][6] Industry Overview - The toothbrush manufacturing industry in Yangzhou has evolved significantly since the reform and opening-up period, establishing a robust ecosystem characterized by large enterprises leading and small enterprises collaborating [1][7] - The local industry has seen a surge in small and micro enterprises, creating a unique model where large companies take orders while smaller firms handle production [7][9] Company Developments - Jiangsu Sanxiao Group, originally a struggling factory, was revitalized through a loan from the Construction Bank, allowing it to invest in semi-automated production equipment and expand its market presence [2][6] - In 2010, Sanxiao Group re-entered the toothbrush market with a new brand, leveraging patented technologies and innovative sales channels, leading to significant growth in sales [6] - The company has invested 1 billion yuan in building a green smart factory, further enhancing its production capabilities and aligning with national initiatives for digital transformation [6] Financial Support and Services - The Construction Bank has played a crucial role in supporting local enterprises by providing various financial products, including loans and trade financing, tailored to the specific needs of businesses in the toothbrush industry [6][10] - The bank's services include cross-border financial solutions, helping companies like Jiangsu Huateng Personal Care Products Co., Ltd. navigate international markets and manage currency risks effectively [10][16] - The bank has developed a comprehensive service matrix for small and micro enterprises, offering customized financial solutions that have resulted in significant credit support for local businesses [9][12]