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]