Bank of Qingdao Embraces 'Financial Chain Leader' Role with Research-Driven Services

Deep News
Apr 01

Shandong Province is focusing on 19 flagship industrial chains as a key initiative to cultivate new quality productive forces. Establishing a 'Financial Chain Leader' mechanism is a vital measure to empower high-quality development of industrial chains through high-quality financial services and accelerate the cultivation of a modern industrial system. The Provincial Financial Office and the Department of Industry and Information Technology are concentrating on the full-chain and whole-lifecycle financial needs of these flagship industrial chains. For each chain, they have established a system where one financial chain leader collaborates with multiple financial institutions to create a long-term mechanism for industrial-financial integration. This approach involves tailoring specialized service plans, accelerating the development of an integrated 'equity-loan-bond-insurance-guarantee' comprehensive service ecosystem, and regularly conducting multi-modal, multi-scenario, and multi-channel industrial-financial matchmaking. By using new demands to guide new supplies and new supplies to create new demands, the initiative aims to inject strong financial momentum into Shandong's implementation of the 'Number One Project' for industrial economy and the accelerated construction of a modern, powerful province.

As a local corporate bank, Bank of Qingdao has always regarded serving the real economy and promoting the high-quality development of the manufacturing industry as its mission. Serving as the Financial Chain Leader for two of Shandong's flagship industrial chains—'Industrial Machinery and Intelligent Manufacturing Equipment' and 'Fine Chemicals'—the bank has adopted a core strategy of 'Research First, Finance Follows, Ecosystem Co-construction.' To date, it has provided over ten billion yuan in comprehensive financing support for these two chains and serves more than 700 enterprises within them.

Bank of Qingdao's Cultural and Creative Sub-branch: Seventeen Years of Financial Empowerment Helps GanCheng Technology Expand Globally As a national-level 'Little Giant' enterprise specializing in refined and unique technologies, GanCheng Technology's布局 in smart metering and digital energy is a crucial part of building a global smart energy ecosystem. The continuous innovation and international expansion of tech enterprises often involve complex capital allocation needs. A major challenge for GanCheng Technology in advancing its international strategy has been ensuring stable R&D funding while reserving sufficient capital for its global supply chain layout. The Cultural and Creative Sub-branch of Bank of Qingdao conducted an in-depth analysis of GanCheng Technology's strategic needs and industrial characteristics. From a global development perspective, it provided the enterprise with multi-dimensional comprehensive financial support covering domestic production operations, overseas sales networks, and supply chain coordination. To address the company's needs for cross-border supply chain financing and overseas capital allocation, the sub-branch innovatively utilized a combination of 'Domestic Letters of Credit + Forfaiting' and 'Cross-Border Cash Pool' models, creating efficient channels for fund flow.

Zhong Yingchao, CFO of GanCheng Group, stated that the services from the Cultural and Creative Sub-branch are provided from the enterprise's perspective, offering solutions rather than just meeting short-term needs at single points. Seventeen years of accompanying service, from comprehensive credit line planning to optimizing cross-border settlement processes and supporting coordination across the supply chain, have closely aligned with the company's goal of building global smart energy solutions. In particular, innovations in supply chain financial products have helped stabilize relationships with upstream suppliers and ensured the timely delivery of overseas orders.

Bank of Qingdao's Laoshan Sub-branch: Financial Engine Drives Manufacturing Upgrade, Providing Full-Cycle Services for LeiCe ChuangXin LeiCe ChuangXin is committed to providing core technological empowerment for strategic application scenarios in China, including three-dimensional meteorological monitoring, disaster prevention and mitigation systems, smart wind power development, and the 'Transparent Ocean' initiative. After rapid development in recent years, the company has grown into a nationally recognized 'Little Giant' enterprise in the field of atmospheric and oceanic lidar. A key challenge for accelerating its strategic layout has been maintaining a technological lead while reserving sufficient capital for product iteration and application scenario expansion. The Laoshan Sub-branch of Bank of Qingdao keenly identified the company's growth potential. Using a 'Talent Loan' as an entry point, it successfully addressed the financing bottlenecks during the startup phase. Building on this, the sub-branch further tailored a comprehensive financial service plan, establishing a multi-dimensional, deep cooperative relationship with the company around core scenarios such as payroll services, deposit增值 products, and primary settlement bank receivables.

He Ling, President of the Laoshan Sub-branch, said that serving high-quality manufacturing enterprises like LeiCe ChuangXin hinges on 'strategic alignment and precise empowerment.' From the initial acquaintance to its current status as a national-level key 'Little Giant' enterprise, the goal has been to provide full lifecycle financial services and companionship. Efficient financial services create smooth channels for capital flow, and the growth of such enterprises reinforces the belief that serving science and innovation is synonymous with serving the future.

Bank of Qingdao's Weifang Branch: Bank-Enterprise Collaboration Promotes High-Quality Development with HongRun Group HongRun Group has consistently anchored its strategy on 'building a leading high-end chemical and green new materials industrial cluster.' By deeply cultivating its industrial base and actively implementing the national strategy of 'reducing oil output and increasing chemical production,' the group has steadily advanced its green transformation. As a leader in the regional chemical industry chain, it plays a core role in driving industrial upgrading and regional development. In recent years, the group has made continuous efforts in key areas such as technological R&D, capacity optimization, and industrial chain extension. Several of its key projects have been successfully included in Shandong Province's major project database, and it has earned honors such as National Green Factory and High-Tech Enterprise, laying a solid foundation for high-quality development.

As the core enterprise of the group, HongRun Petrochemical operates in the high-end chemical sector. Facing industry characteristics like large capital investments and long turnover cycles, the company must not only ensure stable funding for daily operations but also reserve sufficient resources for the group's future strategic investments and industrial layout. Wang Cunde, CFO of HongRun Group, stated that among many financial partners, Bank of Qingdao's Weifang Branch has earned the group's high trust through its deep strategic understanding and precise service capabilities. The branch consistently bases its services on the group's overall strategic layout, accurately identifying pain points in its development. From scientifically planning and matching comprehensive credit lines to optimizing business processes and ensuring efficient execution, and further to synergizing in cross-border trade and supply chain finance, every service is closely aligned with the group's strategic goal of building a high-end chemical and green new materials cluster. This truly achieves 'financial services resonating with industrial development and enterprise needs.'

Looking ahead, Bank of Qingdao will continue to integrate industrial research into the entire client service process and upgrade its '1+N' comprehensive financial service ecosystem. The goal is to provide chain enterprises with all-around empowerment through 'credit + fund + guarantee + insurance + investment advisory' services. With more precise and aggregated financial strength, the bank aims to assist Shandong's 'Industrial Machinery and Intelligent Manufacturing Equipment' and 'Fine Chemicals' industries in advancing towards higher-end, intelligent, and international development. Under the strong leadership of the provincial party committee and government, Bank of Qingdao will utilize its financial capabilities to serve industrial needs, fully acting as the most solid financial backbone for enterprises on the chains and contributing its strength to the province's new industrialization and the high-quality development of the manufacturing sector.

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