Zheshang Bank's Financial Support for Zhejiang Manufacturing Clusters Reaches RMB276.2 Billion

Zheshang Bank continues to increase financial support for advanced manufacturing in Zhejiang. As of end-June 2026, the bank's total financial services for supporting the construction of advanced manufacturing industry clusters in Zhejiang reached RMB276.2 billion. In 2025, the bank issued the "Fifteen Measures to Fully Support the Construction of Advanced Manufacturing Clusters in Zhejiang Province", focusing on the "415X" cluster construction, launching systematic measures from five dimensions: helping industrial clusters stabilize production and increase efficiency, innovation-driven growth, scaling up and strengthening, and capital development, with a goal of exceeding RMB500 billion in total financial services for Zhejiang's advanced manufacturing clusters over the next three years.

During the 2026 FIFA World Cup in the United States, Canada, and Mexico, Zhejiang-made jersey fabrics and luggage products appeared at the event. Zhejiang Dewei Technology Co. , Ltd. supplied fabrics for the jerseys of national teams and fan versions for Germany, Japan, and other countries, with a total supply length of 3 million meters. To meet the brand's requirements for quick-drying, breathable, wear-resistant, and tear-resistant fabrics, the company formed a research team that worked for nine months to overcome technical challenges. Zheshang Bank's Jiaxing Branch set up a special service team at the early stage of R&D, assessing the company's order scale, R&D investment, and expansion plans, and provided corresponding financial support. The fabric ultimately passed more than thirty international standard tests and was mass-produced and delivered. Zhejiang Yinzhu Luggage Co. received its first RMB10 million working capital loan from Zheshang Bank's Jiaxing Branch in February 2026, used to complete the design, R&D, and mass production of more than 30 World Cup-themed luggage products.

In response to the "high investment, light assets" characteristics of sci-tech enterprises, Zheshang Bank's Hangzhou Branch incorporates technology reserves, implementation capability, and R&D team strength into credit assessment indicators. With support from the Haichuang Park Intellectual Property Office, it launched intellectual property securitization products to help enterprises activate intangible assets and reduce comprehensive financing costs. Hangzhou Lingxi Robot Intelligent Technology Co. focuses on integrated "eye, brain, and hand" solutions for industrial robots, holding over a hundred patents in 3D vision cameras, AI algorithms, and control technology. Its technical solutions have been implemented on a significant scale in new energy, logistics warehousing, and other industries. As the enterprise entered different development stages, the bank's financial services expanded to include domestic letters of credit, guarantees, and other products.

Zheshang Bank also incorporates talent factors into credit assessment. A textile machinery parts enterprise in Yiwu has been selected for Jinhua's "Double Dragon Plan" and as a provincial-level specialized and innovative SME, with multiple technologies achieving domestic substitution for high-end parts. In 2019, Zheshang Bank's Yiwu Branch provided initial funding support with a "talent loan", and over the following seven years continued to offer financing through sci-tech loans, personal business loans, and other products. As of end-June 2026, the bank's loan balance to this enterprise was RMB4.5 million. The enterprise's employees grew from 20 at the startup stage to over 100, and sales revenue increased sixfold.

In the humanoid robot field, Ningbo Junpu Intelligent Manufacturing Co. has achieved commercial mass production of its humanoid robot "Jarvis 2.0", equipped with six-dimensional force sensors and lidar, capable of completing sub-millimeter precision operations in complex environments. Zheshang Bank's Ningbo Branch customized a "sci-tech bond + credit risk mitigation warrant" combination plan for the enterprise, using sci-tech bonds to introduce low-cost funds from the interbank market and credit risk mitigation warrants to enhance bond credit. In February 2026, the country's first AI + humanoid robot concept sci-tech bond was issued, injecting medium-to-long-term direct financing into the enterprise. In recent years, Zheshang Bank has continued to conduct industry research in strategic emerging sectors such as artificial intelligence, integrated circuits, and high-end equipment, promoting the integration of industry insight and comprehensive services.