Recently, the Binyang County Branch of Agricultural Development Bank of China granted a credit of 470 million yuan to Binyang Muyuan Co., Ltd., and successfully issued the loan of 19 million yuan to the leading industrialized enterprise project for the first time to support the company to build new pig breeding bases.
It is reported that the bank's marketing team played the role of a policy bank, and strongly supported the group to which the company belongs to implement the "Southward Strategy". The "Southward Strategy", formulated by the group with the aim to open up the pig breeding and sales market in the south, plans to develop pig breeding bases in five cities, including Nanning, Liuzhou, and Beihai. To achieve this goal, financing partners are needed. The Binyang County Branch of Agricultural Development Bank of China has actively communicated with the government and enterprises, promoted the credit policy of the bank to support the development of pig breeding industry, and organized meetings, which eventually led to the signing of a cooperation agreement between the two parties.