Article 1: To fully mobilize the enthusiasm of financial institutions to establish a presence in our city, further optimize the financial development environment in Maoming, improve the structure of the financial industry, enhance the financial sector’s capacity to support local economic development, and achieve mutual growth between the economy and the financial sector, these Implementation Measures are hereby formulated in accordance with the spirit of the “Notice of the General Office of the People’s Government of Guangdong Province on Issuing the 2023 Guangdong Action Plan for Financial Support of High-Quality Economic Development” (Yue Ban Han [2023] No. 35).

　　Article 2: Eligible Entities.

　　(1) Financial institutions newly established and officially operating in Maoming City.

　　For the purposes of these Measures, “financial institutions” include the following types:

　　1. Banking financial institutions, including commercial banks and policy-based banks.

　　2. Insurance financial institutions, including life insurance companies, property insurance companies, reinsurance companies, and insurance asset management companies.

　　3. Securities companies and futures companies.

　　(2) Banking financial institutions that have contributed to supporting local economic development.

　　(3) Insurance financial institutions that have contributed to supporting local economic development.

　　(iv) Relevant entities that have made outstanding contributions to promoting the economic and social development of Maoming City, particularly in overseeing financial and credit support for the local economy.

　　Article 3: Support Criteria.

　　(1) Special start-up subsidies shall be provided to the following financial institutions newly established in Maoming.

　　1. For institutions establishing a headquarters in Maoming (herein, “headquarters” refers to institutions with primary legal person status, such as banks, securities companies, and insurance companies, whose registered address is in Maoming City), a one-time subsidy equal to 1% of the registered paid-in capital shall be provided, with the maximum subsidy amount not exceeding 5 million yuan.

　　2. For institutions establishing a regional headquarters in Maoming City (herein, “regional headquarters” refers to a bank’s branch or subsidiary that is a legal or non-legal entity and pays taxes within the jurisdiction of Maoming City), a one-time subsidy equal to 1% of the registered paid-in capital shall be provided, with the maximum subsidy amount not exceeding 1 million yuan.

　　3. A one-time subsidy of 300,000 yuan shall be granted to newly established bank branch-level institutions in Maoming City (for the purposes of this provision, “bank branch-level institutions” refer to bank branch-level institutions that previously had no registered entities within the jurisdiction of Maoming City and are now established for the first time within that jurisdiction, as well as village banks established in county-level areas).

　　4. A one-time subsidy of 100,000 yuan shall be provided to securities and futures branch offices or business departments, as well as insurance branch offices or central branch offices, established in Maoming City.

　　(II) Banking financial institutions that have contributed to the development of the local economy shall be publicly commended and provided with support through the placement of fiscal funds.

　　1. For banking institutions whose loan-to-deposit ratio and annual growth rate of loans supporting the real economy both exceed the citywide average in the current year, the municipal government will publicly commend the top five institutions, ranked from highest to lowest based on their loan-to-deposit ratio.

　　2. A mechanism will be established to appropriately link fiscal deposit placement business with banks’ contributions to lending. The finance department will provide support through open competition, based on an assessment of indicators such as the loan-to-deposit ratio, from the deposit plans of fiscal special accounts that require adjustment or are newly established.

　　(3) Insurance financial institutions that have contributed to the development of the local economy shall be publicly commended.

　　The municipal government shall issue a commendation to insurance institutions that attract investment from their parent (provincial) companies for projects in Maoming during the current year, or that make other contributions to supporting local economic development.

　　(4) Provide special operational funding support to relevant units that have made outstanding contributions to guiding the banking sector in supporting the local economy, particularly the real economy.

　　The assessment will be calculated based on the following four indicators:

　　1. Deposit-to-loan ratio. For every 1 percentage point increase in the current year’s deposit-to-loan ratio compared to the previous year, the relevant unit shall receive a special working subsidy of 1.2 million yuan; if the current year’s deposit-to-loan ratio increases by more than 1 percentage point compared to the previous year, the subsidy shall be calculated as the product of the excess percentage and the base amount for the first tier of this category (1.2 million yuan); if the current year’s deposit-to-loan ratio increases by less than 1 percentage point compared to the previous year, no support shall be provided.

　　2. Year-on-year growth rate of loans supporting the real economy (loans to the real economy = total loans – personal housing mortgage loans – real estate development loans).If the annual year-on-year growth rate of loans supporting the real economy for the current year reaches 10% or more (including 10% itself) compared to the previous year, the relevant unit shall be granted 800,000 yuan in special funding support; if the growth rate exceeds 10%, the subsidy shall be calculated as the product of the proportion of the amount exceeding 10% and the base amount for the first tier of subsidies (800,000 yuan); no subsidy shall be granted if the growth rate for the current year fails to reach 10%.

　　3. Net increase in total loans for the current year. For every 10 billion yuan increase in the total loan balance compared to the previous year, the relevant unit shall be granted a special work subsidy of 1 million yuan. If the total loan balance increases by more than 10 billion yuan (excluding the 10 billion yuan threshold), the subsidy shall be calculated as the product of the proportion of the excess amount and the subsidy base (1 million yuan). No support shall be provided if the total loan balance increases by less than 10 billion yuan compared to the previous year.

　　4. Year-on-year growth rate of manufacturing loans for the current year. If the year-end year-on-year growth rate of manufacturing loans reaches 10%, the relevant unit will be granted a special work subsidy of 800,000 yuan. If the year-on-year growth rate of manufacturing loans for the current year exceeds 10% (excluding the 10% threshold), the subsidy will be calculated as the product of the excess percentage and the subsidy base (800,000 yuan). If the year-on-year growth rate of manufacturing loans for the current year is less than 10%, no support will be provided.

　　The above four indicators will be evaluated and calculated separately for subsidies; they are not mutually dependent.

　　Appropriate caps shall be set on the amounts of the four special support funds mentioned above. The number of recipients shall not exceed three, and the total annual support funds shall not exceed 5.45 million yuan.

　　Article 4: Assessment Procedures.

　　The assessment and support plan under these Measures shall be proposed by the Municipal Financial Work Bureau in conjunction with the Municipal Finance Bureau within the first quarter of the year following the end of the assessment year, and submitted to the Municipal People’s Government for approval. The annual assessment shall be based on the operational data from the previous year.

　　Article 5: The aforementioned assessment indicators shall be based on statistical bulletins provided by relevant departments, including the Municipal Financial Work Bureau, the Municipal Bureau of Statistics, the People’s Bank of China Maoming Branch, the Maoming Regulatory Sub-bureau of the National Financial Supervision and Administration, and the Maoming Insurance Industry Association.

　　Article 6. The Municipal Government shall establish a municipal-level special fund for local financial development, and the aforementioned special support funds shall be drawn from this special fund.

　　Article 7: The people’s governments of each district (county-level city) and the management committees of each economic functional zone shall, in light of local conditions and with reference to these Measures, issue local implementation measures to encourage the financial sector to support local economic development.

　　Article 8: The Municipal Financial Work Bureau shall be responsible for interpreting these Measures.

　　Article 9: These Measures shall take effect on January 1, 2024, and shall remain valid for three years.