Core Insights - Bohai Bank has launched the "Che Xiao Yi" automotive financial service brand to address the pain points in the parallel import vehicle industry, focusing on a one-stop financial solution for the entire supply chain [2][3] Group 1: Industry Challenges - The parallel import vehicle business faces challenges such as complex cross-border payments, foreign exchange management, and customs regulations, leading to inefficiencies and increased costs for dealers [2] - Traditionally, companies in this sector have struggled with long inventory cycles and high capital occupation rates, requiring large upfront payments during procurement [2][3] Group 2: Innovative Solutions - The "Che Xiao Yi" product offers targeted financing solutions, combining online letter of credit and import financing to enhance efficiency and inventory turnover [3] - The service includes 24/7 online tax payment and a guarantee for customs duties, significantly reducing clearance times and optimizing the overall supply chain efficiency [3] Group 3: Market Position - Tianjin Port has become the largest hub for parallel imported vehicles in China, accounting for over 70% of the national import volume, indicating a strong demand for efficient financial services in this sector [3] Group 4: Financial Performance - Bohai Bank's supply chain financial services have seen significant growth, with 2,634 supply chain enterprises served in 2024, a year-on-year increase of 126.8%, and a total financial product issuance of 257.19 billion, up 36.69% year-on-year [4] Group 5: Future Outlook - Bohai Bank plans to continue enhancing its supply chain financial services in response to national calls for improving the resilience of industrial supply chains, aiming to deepen industry engagement and extend supply chain capabilities [5]