Core Viewpoint - Hengfeng Bank's Qingdao branch has successfully completed its first cross-border performance guarantee business for a key client, marking a significant milestone in its international business product innovation and service capabilities [1][2] Group 1: Business Development - The cross-border performance guarantee is aimed at supporting the client's participation in overseas project bidding and contract fulfillment, enhancing the client's credibility and competitiveness in international cooperation [1] - The Qingdao branch formed a specialized service team to tailor solutions for the client, ensuring efficient coordination of internal and external resources while accurately addressing risk control requirements [1] Group 2: Strategic Direction - With the deepening of China's high-level opening-up, the demand for cross-border guarantees is increasing as enterprises accelerate their "going global" efforts [2] - Hengfeng Bank's Qingdao branch is committed to optimizing its cross-border financial service system, focusing on comprehensive financial service solutions that include cross-border settlement, financing, guarantees, and exchange rate risk management [2] - The bank aims to leverage its global service network and local service advantages to support more enterprises in their international endeavors, contributing to the stable development of the real economy and promoting high-quality foreign trade [2]