Fujian Haixia Bank (2025)
| Signing Date | 08 Dec 2021 |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 2025 |
| Institutional Reporting: | No Report Available |
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Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 0
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 1
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | |||
| Oil & Gas | |||
| Power | |||
| Others | 1 | ||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | |||
| Asia Pacific | 1 | ||
| Country Designation | |||
| Designated Country 4 | |||
| Non Designated Country | 1 | ||
| Both | |||
| Independent Review | |||
| Yes | 1 | ||
| No | |||
| Totals | 1 | ||
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.
Project-related Refinance & Project-related Acquisition For Project Finance
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Jiuxing Automotive Industry Innovation and Incubation Center Project | Others | China | 2025 |
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Implementation of the Equator Principles
On December 8, 2021, Fujian Haixia Bank officially announced its adoption of the Equator Principles, becoming the 8th “Equator Bank” in China. To advance the development of its Equator Bank identity, Fujian Haixia Bank promulgated the Administrative Measures for Equator Principles Projects of Fujian Haixia Bank and has integrated the Equator Principles into its project financing environmental and social risk management processes, thereby promoting the development of green finance.
As of the end of 2025, our Bank has successfully concluded a total of four Equator Principles projects. In September 2022, our Bank’s first Equator Principles project loan was successfully disbursed, with a project financing amount of RMB 240 million, classified as a Category B project under the Equator Principles. In 2023, our Bank disbursed one Equator Principles project loan amounting to RMB 240 million, located in Xiapu County, Ningde City, and classified as a Category B project under the Equator Principles. In 2024, our Bank successfully concluded one Equator Principles project in the amount of RMB 124 million, operating in the textile industry and classified as a Category B project under the Equator Principles.
In 2025, our Bank continued to advance Equator Principles projects and successfully concluded one Equator Principles project in the amount of RMB 120 million, structured as a fixed-asset loan and classified as a Category B project under the Equator Principles. This project supports the construction of the “Jiuxing Automotive Industry Innovation and Incubation Center Project,” located in Ningde City, Fujian Province, operating in the other real estate industry, with a total project financing amount of RMB 428.06 million. This project is a key initiative supported by the Ningde Municipal Government and primarily involves the construction of a one-stop automobile sales and trading market. It aims to consolidate existing automotive retail resources in the central urban area of Ningde, address the current fragmentation of automobile sales outlets, and promote the agglomerated development of the automotive sales market. The project has undergone independent review, with advisory services provided by United Equator Environmental Assessment Co., Ltd. The project is assigned one lead officer and one supporting officer, responsible for document collection, due diligence, project tracking, and client relationship management. Internal risk management policies and procedures strictly follow the relevant documents of our Bank.
Going forward, Fujian Haixia Bank will continue to uphold the Equator Principles, rigorously fulfill its environmental and social risk management responsibilities as a financial institution, precisely support the real economy, and deeply practice its financial commitment to the vision that “lucid waters and lush mountains are invaluable assets.”