Core Viewpoint - The China Bank Shandong Branch is enhancing its financial support for foreign trade enterprises in alignment with the national "stabilizing foreign trade" strategy, focusing on innovative cross-border financial services to facilitate international business operations [1] Group 1: Financial Support and Services - The Shandong Bank is actively providing financial support to foreign trade enterprises, implementing precise measures and innovative solutions to enhance cross-border financial services [1] - A pharmaceutical export company in Dongying successfully utilized the "Wide Range Treasure" options strategy to hedge against USD depreciation risks, processing 44 transactions worth $620 million in 2024, mitigating over 6 million yuan in exchange losses [2] - The efficiency of fund turnover for the pharmaceutical company improved by 40% due to streamlined cross-border payment processes facilitated by the Shandong Bank [2] Group 2: Cross-Border Financial Services - The Mingtou Group, specializing in construction materials, anticipates a 10% increase in export volume this year, attributing this growth to the support from China Bank's cross-border services [3] - The Mingtou Group has processed over 3,000 cross-border receipts totaling more than $6.4 million in the first half of the year, benefiting from expedited payment services [3] - The bank's risk management capabilities, including a professional letter of credit review process, have helped Mingtou Group mitigate potential risks while expanding its customer base [4] Group 3: Innovations in Foreign Exchange Services - The Yantai Bank has integrated its market procurement trade platform "Yicaitong" with the cross-border remittance system, allowing for 24/7 automatic account crediting, significantly improving fund arrival efficiency [6] - Since the launch of the "Yicaitong" service, Yantai Bank has processed 1,138 transactions worth $17.8 million, enhancing the operational efficiency of market participants [6] - The bank has implemented a "fee reduction + exchange rate optimization" strategy to alleviate the financial burden on small and micro enterprises, resulting in significant cost savings and increased profitability [7]