Core Insights - The "Hengqing Loan" initiative, launched by the Youth League Committee of Hengyang and the Agricultural Bank of China, aims to provide financial support to young entrepreneurs aged 20-40, offering a total credit of 2 billion yuan to alleviate funding pressures [1][2]. Group 1: Youth Entrepreneurship Support - The "Hengqing Loan" project is designed to address the challenges of financing for young entrepreneurs, providing low-threshold and low-cost funding options [1][2]. - The initiative has already facilitated 26,651 loans, amounting to 1.916 billion yuan disbursed to support various entrepreneurial ventures [4]. Group 2: Case Studies of Entrepreneurs - Chen Zhipeng, a 22-year-old entrepreneur, utilized the "Hengqing Loan" to overcome funding challenges in establishing a multi-functional leisure platform in Hengyang [1][2]. - Liu Zhixiang, a 35-year-old founder of Hengyang Zhishang Technology, leveraged the "Hengqing Loan" to expand his cross-border e-commerce business, which has achieved annual sales exceeding 20 million yuan [2][3].