Core Insights - The abalone industry in Huilai County, Guangdong, is significant, with a production value of 2.3 billion yuan and a market share of 40% in China [1] - Financial institutions are actively supporting the abalone industry by providing tailored loans and innovative financial products to address challenges faced by local businesses [2] Group 1: Industry Overview - Huilai County has a vast marine area of 1,328.6 square kilometers and is recognized as the largest abalone production area in Guangdong, with a long history of abalone farming [1] - The county has over 170 abalone seedling farms, with a total farming water volume of 1.28 million cubic meters and an area exceeding 3,000 acres [1] - The annual output includes 4.4 billion abalone seedlings and over 3,000 tons of finished abalone, employing more than 10,000 people [1] Group 2: Financial Support and Innovations - The People's Bank of China in Jieyang has initiated special loans for the abalone industry, resulting in a loan balance of 172 million yuan by June 2025, a 27.3% increase from the beginning of the year [1] - The number of loan recipients has reached 212, marking a 14.59% increase, with an average loan interest rate as low as 3.15% [1] - Innovative financial products such as "Abalone e-loan" and "Golden Abalone Loan" have been introduced to facilitate quick approvals based on real operational data instead of traditional collateral [2]