In order to further implement the spirit of the Central Financial Work Conference and the “Implementation Opinions of the State Council on Promoting the High-Quality Development of Inclusive Finance” and actively implement the work arrangements of the State Financial Supervisory and Administration, SPD Bank fully launched the “Inclusive Finance Promotion Month” campaign to actively meet the financial needs of market players and the public, publicize inclusive finance policies and products in a variety of ways, summarize the results and experiences of the 10-year development of inclusive finance, and strive to write major articles on inclusive finance to help the real economy develop with high quality.

In promoting the implementation of the “Inclusive Finance Promotion Month” campaign, SPD Bank actively engages in the four-party interface between government, banking, insurance, and enterprises, increases research and visits, understands customer needs, and takes the initiative to provide diversified, affordable, and easy-to-understand financial products. At the same time, we will increase the promotion of inclusive finance policies, products and services, continuously optimize the customer service experience, and continuously improve the accuracy and coverage of inclusive financial services.

In order to improve the service level of small and micro enterprises, the bank has previously launched the “Inclusive+ Small and Micro Customer Partner Bank Service Initiative” to the market, bringing together 30 measures, including launching financial products such as “online e-loans”, incubation loans, and quick technology loans; creating service methods such as investment and loan linkage, credit insurance linkage, debt insurance linkage, etc.; and actively promoting fee reduction and concessions, etc., and striving to build a comprehensive inclusive financial service system to cultivate a new inclusive financial service system.

In particular, in terms of serving small and micro technology-based enterprises, SPD Bank provides full-life cycle services around the different needs of technology-based enterprises at different stages of growth to help enterprises grow together. The bank innovatively launched the “5+7+X” product system. Among them, it launched special financing products such as “Puchuang Loan,” “Pu Investment Loan,” “Pu Ke Subsidized Loan,” and “Pke Performance Loan” for small and micro technology-based enterprises in the seed stage and start-up phase; built an incubator to introduce services through SPD Bank's hardcore partnership alliances to help transform the achievements of early technology enterprises. By the end of 2023, the bank had more than 8,000 small and micro technology finance lenders, with a balance of over 90 billion yuan.

In terms of serving the modernization of agriculture, SPD Bank actively promotes the improvement of comprehensive agricultural production capacity and the optimization and adjustment of agricultural structures. Focus on the needs of various players in the agricultural industry chain to help strengthen the agricultural industry's chain. It provides financing services such as planting loans, order loans, account loans, factoring, etc. to upstream agricultural breeding enterprises, and provides supply chain model solutions such as scenario loans (pure credit), floating cargo collateral models, credit sales models (differential compensation), and closed-loop capital flow control models for downstream agricultural products wholesale and retail enterprises.

Behind product and service innovation, it is inseparable from the support of technology. It is worth mentioning that after years of exploration and practice, SPD Bank has embarked on a unique path of digital management of inclusive finance. Specifically, the bank continues to upgrade the Puhui e-Finance 2.0 service system to deepen the transformation of the digital business model; enrich the content of online financing services and launch six major product systems; build an intelligent risk control system for small enterprises to support sustainable business development; expand inclusive financial service carriers and iterate on inclusive financial service methods.

This series of innovative achievements has also been recognized by various sectors. In 2020, SPD Bank's Puhui e-Finance digital service platform won the second prize of the Shanghai Municipal People's Government's Financial Innovation Achievement Award and the Shanghai People's Finance Outstanding Application Scenario Award; in 2021, SPD Bank's online financing service for small and micro enterprises based on blockchain technology was approved by the People's Bank of China and innovated in a sandbox...

Relevant officials of SPD Bank said that from the strategic height of “achieving sustainable development, fulfilling social responsibility, and actually serving the real economy through technological innovation, financial empowerment, fulfilling social responsibility, and actually serving the real economy”, the bank will continue to improve the quality and efficiency of inclusive financial services, stimulate the endogenous motivation for the operation and development of small and micro enterprises, and promote high-quality development of the real economy.