Accurate delivery of hot takeout between urban buildings; In the fields, large areas of farmland have been sprayed with pesticides; In the towering mountains, beautiful moments are captured by cameras... A seemingly unattainable way of life, with the rapid popularization of drone technology, has "flown" into ordinary people's homes.
2024 is known as the first year of low altitude economy. How to make the low altitude economy a hot topic and develop strategic emerging industries requires the full cooperation of the government, enterprises, finance and other fields. Agricultural Bank of China attaches great importance to low altitude economic and financial services, conducts in-depth research on industrial development, sorts out key customers throughout the entire industry chain, increases financing support around low altitude aircraft, aviation enterprises, and low altitude infrastructure enterprises, provides customized financial services, and uses a strong financial "engine" to help low altitude economic related enterprises soar.
Assist the development and growth of low altitude aircraft manufacturing enterprises
In November of this year, an EH216-S unmanned aerial vehicle slowly rose from the urban air traffic hub port in Luogang Central Park, Hefei, crossed the white clouds, and flew towards the urban air traffic operation center. As early as a year ago, Guangzhou Yihang Intelligent Technology Co., Ltd. (hereinafter referred to as "Yihang Intelligent") completed its global commercial maiden flight demonstration here. This world's only manufacturer of manned electric vertical takeoff and landing vehicles (eVTOL) with three airworthiness certificates has shown people infinite possibilities from the horizon to the skyline.
Agricultural Bank of China is the first commercial bank to sign a strategic cooperation agreement with Yihang Intelligence, providing financial support for its intelligent research and development, production, manufacturing, and sales operations. In recent years, with the continuous expansion of enterprise production scale and the "flying" of products to various parts of the world, the demand for international settlement and financing has been increasing. In order to better meet the production cycle and development needs of Yihang Intelligent, Agricultural Bank of China Guangdong Branch flexibly uses financial products and issues working capital loans to Yihang Intelligent through patent pledge, and provides USD international settlement services to solve financial difficulties in the process of enterprise development and growth. With strong financial support, the development of Yihang Intelligence continues to accelerate. In the second quarter of this year, the company achieved its first turnaround from losses to profits.
Assist in accelerating the landing of low altitude infrastructure
How long does it take for a fresh fish from Qiandao Lake in Zhejiang to "swim" into the river fresh market in Jiangsu? The answer is 6 hours. Taking off from Jiande Qiandao Lake General Airport, we flew agricultural products to Jiangsu, saving nearly 16 hours compared to land transportation in the past and greatly improving logistics efficiency.
Agricultural Bank of China Zhejiang Branch is actively developing low altitude industries and had already provided the first loan for Jiande Qiandao Lake General Airport five years ago. This year, Agricultural Bank of China Zhejiang Branch signed a new phase of strategic cooperation agreement with Zhejiang Airport Group, the controlling shareholder of Jiande Qiandao Lake General Airport, actively undertaking projects such as "Taishun General Airport" that it participated in the construction of, and assisting the airport in logistics distribution, tourism and sightseeing, emergency rescue and other scenic construction.
In Zigong, Sichuan, a 'Sky City' is accelerating its rise. Sichuan Zigong Aviation Industry Park is a national demonstration base for emerging industrialization industries under the Ministry of Industry and Information Technology, forming a full industry chain development pattern of complete machine manufacturing, component manufacturing, aviation service guarantee, and infrastructure construction.
Agricultural Bank of China Sichuan Branch takes the lead in providing syndicated loans to support the construction of Lantian General Airport in the industrial park, and promotes the entry of AVIC Chengdu Aircraft Design and Research Institute and 14 supporting enterprises, as well as Sichuan Tengdun Science and Technology Innovation Co., Ltd., a leading large-scale unmanned aerial vehicle enterprise. As of now, Agricultural Bank of China Sichuan Branch has provided settlement services to more than 70 enterprises in the park, helping to build a dual airport and dual runway aviation park.
Assist in exploring the "low altitude+" scenario
Business travel is flying, which has already been achieved in Shenzhen. In July of this year, a helicopter carrying 10 passengers took off from Shenzhen North Station connecting to the airport, marking the official launch of China's first "low altitude+rail" air rail intermodal project and the continuous expansion of various "low altitude+" scenarios.
As the project operating agency, Shenzhen Eastern General Aviation Co., Ltd. (hereinafter referred to as "Eastern General Aviation") is the first domestic low altitude reform pilot unit jointly supported and recognized by the Civil Aviation Administration of China and the Shenzhen Municipal Government. At present, Eastern Aviation has built more than 100 helicopter take-off and landing points, with a fleet size of over 30 aircraft, and has established an urban transportation air operation network for the Guangdong Hong Kong Macao Greater Bay Area and the Yangtze River Delta economic circle. In order to support the construction project of low altitude integrated flight in the eastern region, Agricultural Bank of China quickly formed a financial service team, and the two sides conducted in-depth discussions on the operation mode of aviation enterprises in the low altitude economy, injecting new momentum into the innovative development of low altitude and technology integration, and helping to create a new paradigm for low altitude travel.
Agricultural Bank of China will continue to fully leverage the group's synthetic advantages to provide comprehensive financial services integrating commercial banking, investment banking, and transaction banking products for the low altitude industry, supporting the strong rise and accelerated takeoff of the low altitude economy.