Group 1 - The introduction of local regulations in Shanghai for Free Trade Accounts (FT Accounts) marks a significant step in enhancing cross-border financial services and innovation in the financial sector [1] - The People's Bank of China and other regulatory bodies have issued a comprehensive action plan to further facilitate cross-border financial services, empowering Shanghai's offshore financial capabilities [1] - A series of policies aimed at optimizing FT Account functions were released during the Lujiazui Forum, indicating a strong commitment to advancing financial openness [1] Group 2 - FTN accounts, a type of FT Account for non-residents, offer features such as integrated currency accounts and enhanced financing options, facilitating efficient global fund management for multinational corporations [2] - A multinational corporation in the testing industry successfully established a cross-border dual-currency fund pool using FTN accounts, significantly improving payment and financing efficiency [2] Group 3 - A solution was developed for an overseas internet platform company to enhance the efficiency of cross-border payment and internal accounting through a combination of FTN accounts and bookkeeping accounts [3] - This innovative approach has led to substantial improvements in settlement efficiency and reduced management costs for the company [3] Group 4 - A domestic private energy company successfully completed a wind power project in Kazakhstan, utilizing a financing model that links the sale price to the RMB exchange rate, thereby mitigating currency risk [4] - The project represents the first renewable energy financing in RMB for an overseas project, showcasing the role of FT accounts in supporting internationalization of the RMB [4] - The Bank continues to leverage its cross-border financial expertise to enhance the Shanghai Free Trade Zone's global competitiveness and influence [4]