Core Viewpoint - Citic Bank is implementing a subsidy policy for personal business loans in the service industry to stimulate consumption and support economic growth as per government directives. Group 1: Loan Products and Conditions - The eligible personal business loan products include self-operated personal business loans, housing collateral business loans, micro loans, pledge business loans, and other offline business loans [1]. - The subsidy applies to business entities in eight consumption sectors: catering, accommodation, health, elderly care, childcare, housekeeping, cultural entertainment, tourism, and sports [2]. - Loan funds must be used to improve consumption infrastructure and enhance social service capabilities [3]. - Customers must sign a supplementary agreement to qualify for the subsidy; failure to do so will be considered a waiver of the subsidy [3]. - Loans must be repaid in full as per the agreement to qualify for the subsidy [4]. Group 2: Application and Processing - Customers can apply for the subsidy by contacting their loan processing bank and must complete the supplementary agreement by December 31, 2025 [5]. - The subsidy will be reported to relevant departments for review and funding application in January 2026 [5]. Group 3: Subsidy Standards - The subsidy period is one year from the loan disbursement date; if the loan term is less than one year, the subsidy will be based on the actual usage period [6]. - The annual subsidy rate is set at 1 percentage point, with a maximum subsidy amount of 10,000 yuan for a total loan amount of 1 million yuan [7]. - The total subsidy limit for a single business entity is capped at 10,000 yuan, and if multiple banks are involved, the total subsidy remains the same [9]. Group 4: Compliance and Fees - Loans that are overdue will not qualify for the subsidy until the principal and interest are repaid [10]. - Customers can apply for the subsidy during the loan process and must sign a supplementary agreement for previously disbursed loans that meet the criteria [11]. - Citic Bank will not charge any fees for processing the loan or subsidy applications [13]. - Misuse of loan funds or subsidy claims will result in penalties and recovery of funds by Citic Bank [14].

Core Viewpoint - The article highlights the significant role of CITIC Bank's Jiaxing branch in supporting the high-quality development of the local private economy through enhanced financial services and innovative products. Group 1: Financial Support and Growth - The loan balance for private enterprises has exceeded 11.2 billion, with an increase of 1.18 billion compared to the beginning of the year, and the loan proportion has reached 25.4%, up by 0.64 percentage points [1] - CITIC Bank Jiaxing branch has established special leadership and working groups to enhance support for private enterprises, introducing various loan subsidy policies to stimulate growth [1] - The bank has implemented a "direct access" service mechanism to streamline approval processes, allowing quality enterprises to receive credit support more quickly [1] Group 2: Focus on Manufacturing and Specialized Enterprises - As of June 2025, the loan balance for private manufacturing enterprises reached 10.3 billion, increasing by 1.58 billion from the beginning of the year, with a loan proportion of 92.06% among private enterprises [2] - The bank has achieved deep coverage in the "specialized, refined, distinctive, and innovative" sector, with a service coverage rate exceeding 80% for local enterprises [2] - Innovative financing models such as equity pledges and accounts receivable pledges have been explored, with over 900 million in loans issued through these methods [2] Group 3: Innovative Products and Services - In 2024, CITIC Bank Jiaxing branch has disbursed 7 billion in funds to support the high-quality development of advanced manufacturing clusters [3] - The bank has successfully issued 150 million in technology innovation bonds to a leading fiberglass company, marking a breakthrough in non-listed private enterprise bond issuance [3] - Various online products such as "Xinyun" and "Small Business Instant Loan" have been introduced to provide flexible financing options for enterprises [3] Group 4: Future Commitment - The bank plans to continue its focus on the private economy, providing high-quality financial services to assist private enterprises in achieving sustainable and stable growth [4]