The advancement of green finance is a crucial component of the financial sector's key priorities.

Since 2026, CBHB (HKEX: 09668) has achieved consecutive breakthroughs in areas including the deployment of green credit, innovation in carbon finance products, and the construction of internal mechanisms. The successful issuance of its first "carbon reduction-linked" loan and support for multiple national-level major projects demonstrate that green finance is transitioning from policy mandates into quantifiable business growth and replicable service models.

Enhanced Scale and Efficiency in Credit Deployment

The growth rate of green loans has accelerated significantly. By the end of 2025, CBHB's outstanding green loan balance reached 59.335 billion yuan, representing a year-on-year increase of 36.77%. This strong growth momentum continued into the first quarter of 2026, with new green loan disbursements exceeding 20 billion yuan.

National-level major new infrastructure projects are receiving robust support. The bank approved a 1.15 billion yuan loan for the integrated source-grid-load-storage project of the "Zhongjin Data Phase II Jingmeng Green Computing Power Industrial Park." The first tranche of 191 million yuan was disbursed at the end of March. Located in Ulanqab, Inner Mongolia, this project is a national data center source-grid-load-storage integration project directly connected to green electricity and a key node in the national "East Data West Computing" initiative. With a total installed capacity of 38 kilowatts, upon full operation, it is projected to generate 954 million kilowatt-hours of green electricity annually, cumulatively saving 289,400 tons of standard coal and reducing carbon emissions by 748,900 tons. This financing converts wind and solar resources into "zero-carbon power" for the computing industry, exploring a replicable green solution for the data center sector.

An innovative service model for the forestry industry chain has been developed. Addressing the pain points of "small, frequent, and dispersed" settlements in the forestry supply chain, the bank innovatively launched a specialized commercial acceptance bill discounting product for forestry scenarios. Utilizing a "core enterprise issuance + upstream supplier discounting" model, this effectively transmits the credit of the core enterprise to the end of the supply chain, reducing supplier payment cycles from 90 days to 3 days and improving harvesting efficiency by 18%. This successfully secured raw material supply for an annual pulp production capacity of 900,000 tons. Currently, this model has benefited 52 suppliers, and its successful experience is being extended to other Guangxi specialty agricultural industry chains, such as sugarcane and silkworms.

The direction of credit has formed a pattern covering multiple national key areas, including low-carbon energy transition, energy conservation and carbon reduction, environmental protection, and the circular economy, achieving a parallel approach of major project leadership and targeted support for broader segments.

Product Innovation and Breakthroughs in Carbon Finance

It is understood that CBHB has now established a comprehensive service matrix covering carbon finance, supply chain finance, and equity investment in green projects. In 2025, it issued 5 billion yuan in green financial bonds and invested over 20 billion yuan in green bonds throughout the year, a year-on-year increase exceeding 50%.

Traditional industries undergoing green transformation are receiving precise support. The bank has achieved a substantive breakthrough in carbon finance by granting its first "carbon reduction-linked" loan to a national-level renewable resource utilization plant. This also marks the bank's transition from concept to practical application in the carbon finance domain.

The core mechanism of the "carbon reduction-linked" loan directly ties the loan interest rate to the enterprise's carbon emission intensity—the more significant the emission reduction effect, the lower the financing cost. This two-way incentive transforms the traditional lender-borrower relationship, encouraging enterprises to proactively optimize emission management to reduce financial costs, rather than passively receiving funds. This transaction validated the feasibility of incorporating carbon footprints into credit pricing, providing a synergistic "finance + environmental protection" solution for the green transformation of traditional manufacturing.

The bank continues to successfully implement key projects involving green M&A loans and syndicated loans. It has engaged in equity investment for green projects, successfully executing equity investment businesses in unlisted companies such as the China National Nuclear Corporation equity investment project and the Binhai New Energy equity investment project, with investment amounts nearing 1 billion yuan. The underlying assets focus on green sectors like new energy power generation, aligning with green development strategic guidance.

The bank has innovated comprehensive green supply chain financing solutions like "green electricity revenue rights pledge + accounts receivable factoring" to precisely serve small and medium-sized enterprises across industry chains. It also fully utilizes the People's Bank of China's carbon emission reduction support tools to ensure policy benefits directly reach the real economy.

Strategic and Systematic Advancement

CBHB has elevated green finance to a strategic priority, positioning "dual carbon" and "green" as fundamental strategic transformation directions. At the head office level, it has established a green finance development platform to promote the transition from traditional finance to green finance in areas such as resource allocation, product R&D, channel construction, and information sharing.

A governance system has been promptly established. A Risk Management and Green Finance Committee has been set up under the Board of Directors, and a Green Finance Leadership Working Group has been formed within senior management. Institutional safeguards have followed, with the introduction of documents including the "Implementation Plan for Promoting High-Quality Development of Green Finance at CBHB," the "CBHB Transition Finance Plan," and the "CBHB Notice on Utilizing Green Finance Policies to Support Green Factory Construction."

There have been innovative breakthroughs in risk control. The bank has integrated climate and environmental-related risk management into its comprehensive risk management system and conducts climate risk stress testing. In credit risk assessment, green and low-carbon factors are incorporated as decisive indicators in risk models, controlling environmental risks at the source.

The bank is deepening its engagement in specific scenarios to address financing pain points. The head office has formed specialized industry teams that engage directly with industrial parks, leading enterprises, and entities across industry chains. In the area of process innovation, it focuses on supporting the adoption of clean energy alternatives and energy-saving, carbon-reduction technologies in traditional high-energy-consumption industries. Priority is given to leading enterprises with strong transformation intent and solid foundations, helping them raise long-term funds through green credit, green bonds, and green wealth management products. For high-tech enterprises with core technologies but lacking collateral, it leverages combined products like order financing to resolve funding bottlenecks.

Focusing on key areas such as energy conservation, carbon reduction, water saving, pollution reduction, and resource recycling, the bank provides customized credit services for traditional industrial enterprises, increasing support for digital green transformation projects. This assists companies in building digital energy management platforms and green data centers. For zero-carbon factory construction, it offers targeted support for national zero-carbon park projects and innovates products like carbon emission rights pledge loans.

The deepening advancement of green finance not only injects sustained momentum into the green transformation of the real economy but also opens new avenues for high-quality growth for the bank itself. Looking ahead, CBHB stated it will continue to focus on key green industry sectors such as energy storage, wind power, new energy vehicles, and AIDC. It will strengthen industry research and policy enablement, establish a "industry research + policy interpretation + client service" working mechanism to help enterprises seize green transformation opportunities and promote the coordinated development of green industry chains, aiming to enhance development quality through the "green content" of finance.