Tianjin Corporate Bank Becomes the First: CBHB(09668) FT Account System Online to Support Cross-Border Financial Innovation.

Recently, under the guidance and promotion of the People's Bank of China Tianjin Branch, CBHB (09668) Tianjin Branch officially launched the Free Trade Account (FT Account) system. CBHB has thus become the first local legal person bank in Tianjin to complete the launch of the FT Account system. This marks a crucial step for CBHB in improving trade finance services and deeply integrating into the financial reform and innovation of the Tianjin Pilot Free Trade Zone, providing efficient and convenient integrated financial services in both domestic and foreign currencies for regional enterprises engaged in cross-border business. Tianjin is currently the only northern region in China conducting a pilot FT account program. The Free Trade Account, as a major financial system innovation in free trade pilot zones, is a key infrastructure for promoting high-level financial opening and facilitating trade and investment services. The launch of CBHB's Tianjin Branch FT account system is a strong response to the strategic deployment of deepening reform and expanding opening up in the Tianjin Pilot Free Trade Zone. Since the launch of the CBHB FT total branch model in January 2026, the CBHB headquarters has efficiently coordinated and carefully prepared, completing institutional design, system construction, business rehearsals, and other preparations under the guidance of the People's Bank of China Tianjin Branch to promote the landing of the FT account system. After companies open FT accounts, they can enjoy integrated management of domestic and foreign currencies, freely transfer funds between FT accounts and overseas accounts, directly apply the Renminbi offshore exchange rate (CNH) in the exchange process, effectively reducing exchange costs and operating costs. This means that companies can more confidently utilize resources from offshore and onshore markets to optimize fund allocation on a global scale. Leveraging the FT account system, CBHB has simultaneously launched the "Cross-border Free Trade Pass" product system, providing integrated cross-border financial services covering deposits, loans, remittances, exchanges, and bonds for enterprises. This product system is deeply integrated with the FT account function, covering multiple scenarios such as cross-border settlements, exchange rate hedging, trade finance, and free trade bonds, complemented by online settlement capabilities, effectively reducing operating costs for enterprises and enhancing the efficiency of cross-border fund management. It is worth mentioning that CBHB has made forward-looking arrangements in the field of cross-border financial infrastructure. As the first legal person bank in Tianjin to obtain direct participant qualification in the Renminbi Cross-border Payment System (CIPS), CBHB is actively promoting the innovative integration of the FT account system with CIPS. The CIPS direct participant channel has significant advantages in "shorter routes, higher efficiency, and lower costs", allowing enterprises to enjoy efficient, transparent, and traceable payment experiences, effectively reducing transit costs and significantly improving cross-border settlement efficiency. The convenience brought by the FT account system, coupled with the efficient clearing of the CIPS direct participant channel, forms a strong synergy, injecting new financial energy into enterprises expanding into international markets. As a national joint-stock commercial bank headquartered in Tianjin, CBHB will continue to fully leverage its location advantage of short decision-making chains and fast response speed, closely focusing on Tianjin's 12 key industrial chains, providing precise services to leading enterprises in key areas such as new generation information technology, high-end equipment, and biomedicine in cross-border financial needs, nurturing new productive forces with financial vitality. With the launch of the FT account system as a new starting point, CBHB will firmly seize the institutional opening opportunities in the Tianjin Pilot Free Trade Zone, continuously deepen its cross-border financial service capabilities, and inject more Bohai strength into the high-quality development of the Tianjin economy.