Group 1 - Gree Electric Appliances held its fifth Global Overseas Dealer Conference in Chengdu, attended by over 500 partners from more than 100 countries, highlighting its global outreach and collaboration [1] - Bohai Bank was the only invited financial institution, showcasing its commitment to supporting high-end manufacturing globalization through a speech titled "Crossing Mountains and Seas, Connecting the World" [1][4] - The collaboration between Gree's global market expansion and Bohai Bank's international strategy aligns with the new technological revolution and industrial transformation [4][5] Group 2 - Bohai Bank emphasizes digital advantages in its services, launching the "Bohai Global Remittance" brand to enhance cross-border fund flow efficiency and transparency [4] - The bank offers a comprehensive financial service plan tailored for Gree, addressing the urgent need for financial service upgrades in excellent manufacturing enterprises [4][5] - Bohai Bank's experience in serving high-tech industries is being leveraged to support Gree's overseas distributors with a one-stop service covering accounts, settlements, and financing [5] Group 3 - Bohai Bank's cross-border financial capabilities have led to significant growth, with cross-border supply chain business reaching 58 billion yuan and international business volume increasing by over 30% [6] - The bank has recently been approved as the first legal entity bank in Tianjin to directly participate in CIPS, establishing efficient and secure RMB cross-border clearing channels [6] - Bohai Bank aims to deepen strategic cooperation with outstanding private enterprises like Gree, focusing on smarter supply chain finance and robust risk management [7]

Core Viewpoint - The Tianjin Free Trade Zone (FTZ) has achieved significant financial reform and innovation, enhancing cross-border trade and investment facilitation, which has positively impacted foreign trade enterprises [2][3][10]. Group 1: Financial Innovation and Cross-Border Trade - The Tianjin FTZ has introduced a new international factoring business model that allows companies to quickly receive payments for exports, exemplified by Huatu Auto's successful transaction with Azerbaijan [1][3]. - As of the end of 2024, the FTZ has seen the establishment of nearly 87,000 business entities, a threefold increase since its inception, and has facilitated cross-border transactions totaling $427.6 billion [1][4]. - The People's Bank of China has implemented 40 policy measures to promote cross-border trade and investment liberalization, which have been effective and replicated nationwide [4][5]. Group 2: Support for Small and Medium Enterprises - Small and medium-sized foreign trade enterprises are increasingly becoming vital players in international markets, but they face challenges such as long payment cycles and potential credit risks from overseas buyers [6][7]. - Financial institutions are encouraged to enhance support for these enterprises through short-term loans, trade financing, and customized cross-border payment services [7][8]. - Huatu Auto has benefited from financial support, receiving credit lines that have allowed for business growth, reflecting the importance of tailored financial solutions for SMEs [7][8]. Group 3: Government and Financial Institution Collaboration - Recent initiatives by the People's Bank of China and local government bodies aim to strengthen support for foreign trade enterprises, including policy advocacy and direct engagement with businesses [10][11]. - The Tianjin Customs has implemented measures to streamline export processes for automobiles, enhancing operational efficiency for exporters [10]. - The establishment of overseas warehouses for automotive exports is being supported to facilitate the international expansion of related services and products [10].