Core Viewpoint - Tongrun Equipment has approved a financial service agreement with Zhengtai Financial Company, which requires shareholder approval, indicating a strategic move to enhance financial management and resource utilization [1] Group 1: Agreement Details - The agreement is set to be effective from 2026 to 2028, with a total credit and maximum deposit balance not exceeding 500 million yuan [1] - Zhengtai Financial Company will provide credit, deposits, and fund settlement services to Tongrun Equipment and its subsidiaries, with pricing based on market principles [1] Group 2: Financial Position - Currently, Tongrun Equipment and its subsidiaries have a deposit balance of 0 yuan and a loan balance of 10.01 million yuan [1] Group 3: Risk Management - The company believes the transaction risks are controllable and has developed a risk disposal plan, which suggests a proactive approach to managing potential financial risks [1]

Core Viewpoint - China Bank is committed to supporting the private economy in Shanghai by providing tailored financial services that address the unique needs of local enterprises, thereby promoting their growth and international expansion [1][2][3][4]. Group 1: Support for Private Enterprises - China Bank emphasizes its "financial for the people" philosophy, continuously innovating products and services to meet the specific needs of private enterprises in Shanghai [1]. - The bank has developed comprehensive service packages, including guarantees and credit facilities, to assist private companies in overcoming financing barriers and currency risks as they expand internationally [2]. Group 2: Green Transformation Initiatives - The bank is actively supporting the development of a "waste-free city" by providing financial solutions to companies involved in recycling and green initiatives, thus aligning with national green development goals [3]. - China Bank has customized financial service plans that reduce interest costs and waive guarantee fees for enterprises, facilitating their long-term growth and sustainability [3]. Group 3: Market Expansion Support - China Bank is aiding logistics companies in transitioning from labor-intensive to technology-intensive operations by facilitating the issuance of innovative bonds to fund infrastructure and technology development [4]. - The bank has established a collaborative mechanism with local business associations to enhance financing coordination, offering a range of practical measures to support the development of private enterprises [4]. - The bank aims to continuously improve the accessibility and convenience of its financial products and services to foster the prosperity of the private economy [4].

Group 1 - The private economy in Shanghai contributed 30.3% of the city's economic added value and 38.2% of tax revenue, showcasing its resilience and potential [1] - The private sector accounts for 80% of the "specialized, refined, distinctive, and innovative" enterprises and "little giant" companies in Shanghai [1] - The Bank of China Shanghai Branch is committed to innovative financial products and services tailored to the characteristics and needs of private enterprises [1] Group 2 - Shanghai's private economy has a strong outward-oriented characteristic, with the Bank of China Shanghai Branch leveraging its global advantages to support private enterprises in going global [2] - A private listed company in the geotechnical engineering sector has accelerated its international expansion but faces challenges such as financing barriers and exchange rate risks [2] - The Bank of China Shanghai Branch has customized a comprehensive service plan for the company, including guarantees and credit, to support its participation in major projects along the Belt and Road [2] Group 3 - The recycling of renewable resources is crucial for both public welfare and the construction of a "waste-free city" [3] - A private enterprise engaged in landscaping has established recycling service stations but faces funding challenges [3] - The Bank of China Shanghai Branch provided a tailored financial service plan, reducing interest costs by 1% and waiving guarantee fees to support the company's recycling platform [3] Group 4 - The Bank of China Shanghai Branch offers integrated financial services to help private enterprises tap into major regional strategies and benefit from a unified market [4] - A leading domestic express service provider has transitioned from a labor-intensive to a technology-intensive model with the support of the Bank of China [4] - The Bank of China Shanghai Branch has facilitated the issuance of the first private technology innovation bond in the transportation sector to support the company's development [4]