Since the beginning of 2026, CBHB (09668) has significantly accelerated its pace of innovation in technology finance. In January, the Tianjin Branch, acting as lead underwriter, successfully launched the "Tianjin Li'anlong New Materials Co., Ltd. 2026 First Phase Two New Sci-Tech Innovation Bond," with an issuance scale of 800 million yuan, a 3-year tenor, and a coupon rate of just 2.10%. This marks not only the nation's first bond dually labeled for both "Two New" (large-scale equipment renewal and consumer goods trade-in) and technological innovation but also signifies a historic leap in CBHB's end-to-end capability in structuring, executing, and distributing innovative bond products. Merely two months later, the Qingdao Branch reported further success: by the end of March 2026, its outstanding technology loans reached 957 million yuan, an increase of 9.25% since the start of the year. The branch also successfully tailored a comprehensive financial service package for a key enterprise in the tire industry, successively arranging a 100 million yuan uncommitted facility and a 60 million yuan medium-term working capital loan, providing precise support for the company's intelligent transformation and upgrade.

From Tianjin to Qingdao, spanning direct financing in capital markets to targeted credit allocation, CBHB's technology finance business is accelerating its service to new quality productive forces through a coordinated "head office-branch linkage and integrated operations" approach.

The breakthrough with the dual-labeled bond exemplifies the rising capabilities of CBHB's technology finance services. The issuer, Tianjin Li'anlong New Materials Co., Ltd., is a leading domestic company in the field of anti-aging additives for polymer materials. To support its production line intelligent upgrades and drive technological iteration and capacity enhancement, the Tianjin Branch leveraged its advantage as a national joint-stock commercial bank headquartered in Tianjin, independently completing all core processes including scheme design, documentation preparation, regulatory communication, and registration and issuance. The 2.10% coupon rate not only helped the enterprise secure long-term, stable development funds for three years at a very low cost but also provided a comprehensive "Bohai Model" for the financial industry in serving the sci-tech oriented "Two New" sector.

Simultaneously, the Qingdao Branch has been deepening its engagement with the real economy, focusing on the core financing needs of technology-based enterprises. A key national enterprise specializing in tire R&D, manufacturing, and sales, currently in a critical period of transition from production-oriented manufacturing to service-oriented manufacturing, faced mounting capital pressure due to rapid production scale expansion, rising raw material procurement needs, and international price fluctuations. Its push for intelligent transformation and technological upgrades also created an urgent demand for medium to long-term capital. Through multiple on-site surveys and multi-dimensional assessments, the Qingdao Branch precisely matched a combination of financial products, successively rolling out short-term working capital loans, bank acceptances, and letters of credit for electricity fees, followed by the timely provision of a 60 million yuan medium-term working capital loan. "This funding came at just the right time, giving us more confidence in our transformation and upgrade," stated a representative from the enterprise. This case vividly illustrates CBHB's practical ability to empower sci-tech innovation enterprises with customized "one enterprise, one strategy" solutions.

The innovative vitality at the branch level is rooted in the fertile ground of the bank's overarching technology finance strategy. CBHB has elevated technology finance to a core strategic level, establishing a first-tier department—the Technology Finance Department—at the head office. This move breaks down traditional business line barriers, enabling centralized coordination and professional operation. Addressing the typical characteristics of sci-tech enterprises—"light assets, high growth, high risk"—the bank focuses on cultivating four key ecosystems: Fund, Sector, Listed Company, and Region, forming a full life-cycle service system. This involves deepening cooperation with government-guided funds and market-oriented equity funds to open channels for "capital + industry + finance" synergy; anchoring efforts in five core sectors—Artificial Intelligence, Advanced Manufacturing, New Energy, New Materials, and Healthcare & Innovative Drugs—while making前瞻布局 in frontier fields like aerospace and quantum technology; providing end-to-end services covering pre-IPO cultivation, IPO empowerment, and post-IPO deepening; and focusing on the Beijing-Tianjin-Hebei region while intensifying efforts in sci-tech hubs like the Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area to create regional technology finance service models.

Regarding institutional safeguards, CBHB is concurrently building a multidisciplinary talent team, exploring the establishment of dedicated risk management models for technology finance, actively integrating professional financial terminals and embedding AI Q&A tools. It is also refining incentive and restraint mechanisms in internal fund transfer pricing, economic capital assessment, cost allocation, and performance evaluation to fully stimulate the development momentum of technology finance. This combination of "professional organization + ecosystem cultivation + mechanism guarantee" is driving the bank's technology finance business to accelerate from "point breakthroughs" towards "widespread blossoming."

Supported by an increasingly sophisticated service system, CBHB's technology finance business maintains strong growth momentum. By the end of 2025, the bank's outstanding loans to technology-based enterprises reached 71.683 billion yuan, a increase of 52.20% from the end of the previous year. Credit allocation primarily covered high-quality sci-tech entities such as national-level "Little Giant" specialized and sophisticated SMEs and high-tech enterprises. Entering 2026, with the successive implementation of innovative cases from branches like Tianjin and Qingdao, and the accelerated progress of more regional benchmark projects, CBHB's technology finance service capability continues to rise. In the direct financing arena, the bank has cumulatively underwritten and issued over 70 Sci-Tech Innovation Bonds and Sci-Tech Commercial Papers, with an underwriting scale nearing 20 billion yuan, including landmark projects like the nation's first batch of Sci-Tech Innovation Bonds and Tianjin's first Sci-Tech Innovation Bond for a private equity investment institution.

From the 800 million yuan low-cost bond for Tianjin Li'anlong to the 160 million yuan comprehensive credit facility and loans for the Qingdao tire enterprise, CBHB is accelerating the optimization and upgrade of its technology finance service system towards "specialization, digitization, and ecosystemization." A relevant负责人 from CBHB stated that the bank will persistently adhere to its original aspiration of serving the real economy through finance, closely align with national strategic directions and local development needs, anchor itself in the technology finance sector, continuously innovate financing service models, fully助推 the commercialization of scientific and technological achievements, and contribute greater "Bohai" strength to serving high-level sci-tech self-reliance and self-improvement and cultivating robust new quality productive forces.