In the first quarter of 2025, Beijing SME Financing Re-Guarantee Co. Ltd. recorded 8.3 billion yuan (US$1.14 billion) in new re-guarantee business, supporting 4,362 micro and small enterprises and generating an estimated 61,000 new jobs.

Of the total, 7.17 billion yuan was under the National Financing Guarantee Fund, accounting for 86% of the company's newly added re-guarantee volume. 

Notably, 7.01 billion yuan was allocated to inclusive lending for small businesses and agriculture-related sectors, representing 97% of the declared amount. A total of 5.59 billion yuan was issued in guarantees under 5 million yuan per borrower, accounting for 77% of the total, highlighting efforts in grassroots-level financial support.

Beijing Re-Guarantee also provided nearly 80 million yuan in compensation support to seven partner guarantee institutions in the first three months of this year, serving as a stabilizer for the industry. It has covered 115 projects, 97% of which involved small and micro-sized agricultural businesses. 

Both the compensation amount and the number of covered projects hit record highs for the same period. To date, the government-backed company has distributed a cumulative 1.88 billion yuan in compensation, among the highest in China.

The company also ramped up efforts to promote technological innovation. From January to March, the company supported 670 technological enterprises with 2.8 billion yuan in new guarantees.

Under a national technology guarantee initiative, Beijing Re-Guarantee signed cooperation agreements with five guarantee institutions and over 10 banks. Since the initiative's launch, the company has agreed to a total of 701 million yuan in guarantees in this regard.

Service efficiency also improved in the first quarter with the launch of a large-model-powered risk labeling system for guarantee businesses. The system uses data collection engines and external data to generate automated review opinions, significantly enhancing risk control.