The advancement of commercial aerospace and the low-altitude economy represents a crucial area for cultivating new, high-quality productive forces and shaping new drivers for development. ICBC's Ningbo Branch is leveraging its strengths in comprehensive group operations and localized services to strategically position itself within the commercial aerospace supply chain and focus precisely on the emerging low-altitude economy sector. By providing diverse, full-cycle financial solutions, the branch is injecting strong momentum into the transformation and upgrading of the real economy.
In December 2025, ICBC Ningbo Branch, in collaboration with ICBC Investment, Tongshang Group, and the High-tech Zone, invested 50 million yuan in a commercial aerospace satellite power company through an investment fund, participating in its Series B financing. As a nationally recognized "Little Giant" enterprise specializing in sophisticated and unique technologies, this company has long focused on developing satellite power systems, the "heart" of spacecraft. Its products are already widely used in several major commercial satellite projects, providing core energy support for the stable operation of spacecraft in orbit. For such technology-driven innovative enterprises in a rapid growth phase, ICBC Ningbo Branch utilizes the AIC fund channel to effectively convert investment capital into long-term equity funding for key technological breakthroughs, precisely injecting resources into a core segment of the commercial aerospace industry chain. This move supports not just a single enterprise but is a key step in building a financial service ecosystem featuring "investment-loan linkage" around national strategic emerging industries, demonstrating a firm commitment and capability to nurture technological innovation and aid in building China's aerospace prowess.
In the vast new frontier of the low-altitude economy, estimated to be worth trillions, ICBC Ningbo Branch's services place greater emphasis on localized, scenario-specific innovative support. Recently, the branch provided a 2 million yuan credit loan to a general aviation company in Ningbo's Xiangshan County, which holds unique qualifications. This company operates a rare runway-type marine test site in the Yangtze River Delta region and possesses several scarce operational permits, making it a key node in Ningbo's exploration of a distinctive "low-altitude + marine" development path. Tailoring its approach to the characteristics of such innovative firms, ICBC Ningbo Branch adopted a novel evaluation model that moves beyond traditional collateral-dependent lending practices. Its Xiangshan sub-branch transformed the company's "soft assets"—such as franchise rights, airspace usage rights, and regional industrial value—into credible credit support. It customized a "basic credit line + flexible credit enhancement" solution and opened a green channel, disbursing the loan within just three business days. This service philosophy, which evaluates a company based on its technology, future potential, and growth trajectory, addresses the financing challenges typical of emerging industries, providing practical support to help local specialty industries progress from initial "take-off" to full "ascent."
From supporting core technological advancements in commercial aerospace through group synergies to solving financing challenges for low-altitude economy companies with localized innovation, the practices of ICBC Ningbo Branch highlight its multi-dimensional capabilities and firm resolve in serving the development of new quality productive forces. Moving forward, the branch will continue to leverage the comprehensive advantages of the ICBC Group, deepen financial research and innovate service models for cutting-edge fields like commercial aerospace and the low-altitude economy, and continuously enhance the professionalism and reach of specialized services such as investment-loan linkage and light-asset financing. With a broader perspective, more concrete measures, and superior services, it will fully empower technological innovation and industrial upgrading, contributing ICBC's strength to serving the national strategic agenda and promoting high-quality local economic development.
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