CBHB (09668) adopts multiple measures to enhance the capacity and quality of the service industry.

The reporter learned that CBHB (09668) has recently officially issued the "Work Plan for Financial Support and Development of the Service Industry" (hereinafter referred to as the "Plan"), focusing on five main sectors: technology finance, green finance, inclusive finance, pension finance, and digital finance. It aims to anchor key industry fields such as modern logistics, healthcare, cultural and commercial tourism, consumer finance, leasing, and cross-border finance, clarifying the financial support directions, pathways, and measures. By the end of June 2026, the bank's on-balance-sheet and off-balance-sheet business balance in the service industry will have reached 900 billion yuan, primarily covering business services, wholesale and retail, modern logistics, healthcare, information services, technology services, and the elderly care industry. With the implementation of the Plan, CBHB is promoting the extension of production services to high-end levels and the upgrading of living services through a scenario-based, digital, and ecological financial service model. Focusing on the Upgrading of Productive Services and Creating New Financial Support Points in the Industrial Chain In terms of technology finance, the Plan focuses on channeling financial resources toward technology research and software information services, promoting products such as intellectual property pledge financing and R&D loans that fit this purpose. In the green finance area, the Plan proposes accelerating the construction of a three-green system consisting of "green entities, green assets, and green investments" and expanding green asset securitization business. As a key industry with distinct advantages in Tianjin, financing leasing is specified in the Plan to expand the application of securitization tools such as Asset-Backed Commercial Paper (ABCP), facilitating financing channels for equipment renewal and technological upgrades. For inclusive finance, the Plan emphasizes innovative online credit products aimed at small and micro entities in sectors like wholesale and retail and hospitality and catering, enhancing the accessibility of financing. In the consumer finance field, the Plan suggests fully implementing personal consumer loan interest subsidy policies and deepening scenario-based consumer credit cooperation with mainstream e-commerce platforms. In the specific practice of productive services, innovations in supply chain finance stand out significantly. In the modern logistics sector, the Plan clearly digs into multi-modal transport, smart warehousing, and cold chain logistics, innovating products such as order financing and warehouse receipt financing to cater to the rapid capital turnover characteristic of logistics companies. Guided by this direction, CBHB officially launched the "Order e-Loan." Addressing the core pain points of insufficient collateral and a lack of credit enhancement channels in the cold chain industry, this product breaks from traditional credit logic, using real purchase orders, long-term trading flows, and historical performance records as core credit basis, while deeply integrating AI and IoT technology to build a smart regulatory system throughout the process, successfully connecting the full financial chain of imported frozen goods from Tianjin Port Holdingscovering arrival, warehousing, trading, and distribution. The coordinated advancement of cross-border finance and logistics has also become a highlight. The Plan proposes fully implementing policies that facilitate service trade, providing efficient settlement channels for service trade enterprises relying on CIPS direct participant qualifications, and offering comprehensive financial support for service industry enterprises expanding overseas through an integrated domestic and foreign framework. The modern logistics sector also regards cross-border logistics as a key direction. CBHB successfully launched the first railway freight business for the China-Europe Railway Express in Anhui by relying on the new generation of domestic credit letter online systems, effectively easing the capital occupation pressures of enterprises, reducing overall operating costs, and enhancing capital settlement efficiency, thereby enabling a digital financing channel for freight on the China-Europe Railway Express. In the healthcare field, the Plan proposes to establish an integrated financial service ecosystem covering "R&Dproductiondistributionend service," promoting a "investment-loan linkage + industry bank" model. Guided by this orientation, CBHB focuses on key aspects such as technology research and development, production circulation, and end services, building a comprehensive financial service system covering pharmaceutical enterprises, distribution companies, and medical institutions. For upstream pharmaceutical manufacturing enterprises, it offers financial support around needs such as new drug research and development, capacity expansion, and industry consolidation, along with supporting industrial merger and acquisition services; for midstream circulation, it provides diversified payment tools to cater to the payment period requirements of suppliers of different sizes; at the end terminal of medical services, it assists medical institutions in flexibly extending payment periods while also providing rapid monetization channels for upstream distribution companies, allowing them to recover funds immediately after supplying goods. Deeply Cultivating Living Service Scenarios to Activate Domestic Demand Potential and Safeguard Livelihoods In the field of pension finance, the Plan proposes to optimize services exclusive to elderly customers, expanding scenarios such as public transportation and senior universities, and comprehensively utilizing tools such as fixed asset loans and working capital loans to support the construction and renovation of elderly care institutions. As one of the first commercial banks to obtain qualifications for personal pension business, CBHB has established a product lineup of "exclusive deposits, exclusive wealth management, and exclusive insurance," launching the "Bohai Card" and a paper fixed-term deposit certificate "Suiyue Deposit," in collaboration with Bohai Bank Wealth Management to issue the first elderly care financial product, while also innovatively creating the "Bohai Home" wealth inheritance system. Additionally, it is looking toward the "upstream" of the elderly care industry, having acquired the qualification for regulatory oversight of prepaid funds for elderly care institutions from the Ministry of Civil Affairs, promoting the construction of a regulatory system in Tianjin, Hebei, and Anhui, and actively serving elderly care groups and health care companies. Regarding cultural and tourism consumption, the Plan explicitly prioritizes support for integrated projects such as digital cultural creativity, smart tourism, commercial complexes, and sports venue operations, providing supply chain financial services to travel agencies and accommodation and catering businesses, optimizing intelligent collection and allocation systems, and stimulating consumption potential across multiple formats. In the "2026 Tianjin Travel and Shopping Carnival" event, CBHB, as the chief strategic support unit, embeds financial services into the entire scenario of cultural tourism consumption, enhancing the visitor experience with integrated services such as the "Exciting Tianjin Tour Card," which includes benefits and convenient payments, while offering inclusive finance, efficient capital settlement, and other exclusive services to cultural tourism enterprises, supporting merchants in maintaining stable operations, and creating the themed event "Blossoms of Begonia, Full Flowers in Bohai" to promote online cultural tourism consumption and the realization of consumption goals in the industrial chain, achieving a higher level of mutual empowerment between "finance + cultural tourism." CBHB will continue to deeply implement the strategic deployments of the Central Committee of the Communist Party of China and the State Council regarding the expansion and quality enhancement of the service industry, continuously innovate service models, improve service efficacy, and use the "CBHB Work Plan for Financial Support and Development of the Service Industry" as a guide to accurately allocate financial resources to key areas and weak links in the service industry, contributing greater "Bohai Power" to the creation of a new landscape for high-quality development of the service industry.