Yinzhou Tops Ningbo in Outstanding Loan Balance, Adding RMB 34.7 Billion New Loans in H1

As learned from the District Financial Development Service Center on July 29, by the end of June, outstanding loans of financial institutions in Yinzhou reached 1.8159 trillion yuan, ranking first among all county‑level jurisdictions in Ningbo. New loans totalled 34.7 billion yuan in the first half of the year, showing finance’s growing role in fuelling the real economy.

A global leader in air‑conditioner production and sales, Aux Air‑Conditioner Co., Ltd. runs a well‑developed domestic distribution network with thousands of downstream dealers whose annual procurement exceeds 10 billion yuan. The air‑conditioning industry generally adopts the prepayment‑before‑delivery model, leaving many small‑and‑medium dealers squeezed by insufficient working capital for stock preparation. To address this pain point, ABC Ningbo Yinzhou Branch launched a data‑driven financial service model. Building a credit evaluation system based on genuine long‑term transaction records between the core firm and its dealers, it rolled out a tailor‑made supply‑chain finance solution built on its existing Channel E‑Loan product. The scheme converts dealers’ invisible operating cash flow into accessible credit lines, effectively easing financing bottlenecks for small‑and‑medium dealers. Launched four months ago, Channel E‑Loan has granted nearly 300 million yuan in credit to hundreds of dealers, supporting business liquidity and delivering win‑win outcomes for the bank, the core enterprise and downstream distributors.

At Ningbo Aoqier Machinery Technology Co., Ltd., factory machines hum at full capacity as workers manufacture special‑purpose auto‑repair tools. With 15 years of experience in precision hardware and auto‑repair tooling, the company develops and produces precision sockets, universal tooling and other automotive maintenance products, maintaining stable long‑term partnerships with numerous domestic auto‑component manufacturers and vehicle‑maker service providers. Its H1 sales surpassed 30 million yuan, with orders booked through to year‑end. Backed by a fresh 5‑million‑yuan loan from Yinzhou Bank, the firm has purchased new equipment to expand production capacity, and its second‑half sales are projected to top 80 million yuan.

Since the start of the year, the District Financial Development Service Center has guided local financial institutions to expand credit supply and improve service quality, channelling capital precisely into key and weak segments of the real economy. Local financial institutions stay focused on serving the real‑economy needs of micro, small and medium‑sized enterprises, prioritising decentralized, high‑quality financial services. They proactively reach out to high‑growth SMEs aligned with industrial policies and scale up credit support for locally competitive industries. User‑friendly instruments such as loan roll‑over without principal repayment and flexible draw‑and‑repay facilities help cut SMEs’ capital turnover costs. Complemented by lower lending rates, custom‑tailored credit packages and fast‑track approval procedures, financial resources are efficiently channelled to underpin high‑quality regional economic growth.