Core Viewpoint - Gansu Jinkong Group's subsidiary, Jinkong Linxia Financing Guarantee Co., successfully provided a guarantee service for a local import-export company, marking the first forward foreign exchange margin guarantee letter business in Gansu Province, which represents a significant breakthrough in the non-financing guarantee product system [1][2] Group 1 - The successful implementation of this business was facilitated by collaboration among multiple parties, including the guidance of the Gansu Provincial Branch of the State Administration of Foreign Exchange, and involved in-depth research with the People's Bank of China and Bank of China to create a tailored service plan [1] - The guarantee support from Jinkong Linxia enabled the local import-export company to secure a forward foreign exchange settlement business of 112,000 euros, helping the company lock in exchange rates and effectively mitigate exchange rate fluctuation risks [1][2] Group 2 - The local import-export company, although small in scale, exports its products to EU countries like Italy, providing numerous job opportunities and aligning with Gansu Province's policies aimed at stabilizing employment and foreign trade [1] - In response to the challenges posed by international instability, exchange rate fluctuations, and rising labor costs, the company is facing tight liquidity and increased operational pressure [1][2] Group 3 - To assist companies in overcoming difficulties, Jinkong Linxia has introduced a "combination punch" strategy, which includes providing guarantees to secure liquidity support from Bank of China and innovating the "forward foreign exchange margin guarantee letter" business [2] - The new guarantee mechanism allows companies to pay a guarantee fee of no more than 1% of the guarantee amount, effectively revitalizing their liquidity and enhancing capital efficiency [2] - The company leader expressed that the exchange rate risk mitigation guarantee policy has increased the safety of their foreign exchange income and reduced cash flow burdens [2]