Core Viewpoint - Agricultural Bank of China Jinhua Branch is implementing a series of financial initiatives to support the development of characteristic county economies, particularly focusing on the agricultural industry [1] Group 1: Financial Initiatives - The Jinhua Pan'an Branch of Agricultural Bank of China has developed a comprehensive financial service system for the traditional Chinese medicine industry, integrating "planting-storage-processing" [1] - Specific financial service plans for the traditional Chinese medicine industry include products such as "Rural Revitalization Leader Loans," "Huinong e-loans," "Medicinal Material Warehouse Receipt Pledge Loans," and "Micro Online Loans" [1] Group 2: Impact and Support - As of the end of the third quarter of this year, the Jinhua Pan'an Branch has provided over 830 million yuan in funding support to more than 600 clients in the traditional Chinese medicine sector [1] - The initiatives aim to enhance the integration of primary, secondary, and tertiary industries in rural areas, fostering the growth of local characteristic industries and promoting stable income growth for farmers [1]

Group 1 - Zhejiang Yueda Cold Chain Logistics Co., Ltd. specializes in the cold storage and transportation of traditional Chinese medicinal materials, addressing the storage challenges faced by local merchants [1] - The storage of traditional Chinese medicinal materials is complex due to their specific environmental requirements, leading to high storage costs for operators [1] - High-quality medicinal materials require specialized storage to prevent deterioration, which can result in significant financial losses for businesses [1] Group 2 - Agricultural Bank of China’s Zhejiang Jinhua Pan'an Branch initiated a "thousand enterprises and ten thousand households" outreach activity to address the financial challenges faced by local medicinal material operators [2] - The bank developed tailored financial service solutions, including the "medicinal material warehouse receipt pledge loan," converting static warehouse receipts into dynamic financial assets [2] - This financial innovation has enabled local merchants to increase their purchasing capacity, thereby revitalizing their business operations [2] Group 3 - Since the launch of the "medicinal material warehouse receipt pledge loan," 18 merchants in Pan'an County have received nearly 35 million yuan in funding from Agricultural Bank of China [3] - The bank aims to enhance financial support for rural development and promote the integration of agriculture with other industries, contributing to the modernization of traditional sectors [3] - The bank plans to leverage innovative products to provide comprehensive financial services, supporting the transformation and upgrading of traditional industries [3]