Rongxinda business is our bank’s export trade that has purchased export credit insurance from China Export Credit Insurance Corporation. With the documents provided by the exporter, relevant certificates of export credit insurance, compensation transfer agreement, etc., Financing services provided to exporters. According to the business scope of China Sinosure Company, it is divided into two types: short-term "Rongxinda" and medium and long-term "Rongxinda". Depending on whether the right of recourse is retained, it can be further divided into "Rongxinda" with recourse and non-recourse. There are two types of claims for "Rong Xinda".

The above content is for your reference, please refer to actual business regulations.

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