Recently, by the supervision plan for the Biological Assets Digitalization Supervision Platform 3.0, the Sanming Branch of Industrial Bank (CIB) provides pig breeding mortgage loans for Fujian Yinding Agricultural Technology Co., Ltd （Yinding Agricultural）. It is the transaction on the CIB Biological Assets Supervision Platform 3.0, marking a big breakthrough made by CIB in the creation of the “living creature mortgage+ biological assets digitalization” supervision field.
Using access capability of Internet of Things, the supervision plan for the Biological Assets Digitalization Supervision Platform 3.0 works together with an AI inventory model based on the Deep Neural Network and designed by CIB. By matching the supervision data of CIB and breeding enterprises with non-contacting supervisions on mortgaged living creatures, compared with the 1.0 and 2.0 versions, the 3.0 version saved more money and time, furthest reducing the effects of the asset supervision of living creature mortgages on operations of breeding enterprises.
In recent years, CIB fast has enhanced its digitalization transformation in an all-round way, continuously diversified applications of new technologies, and successively explored to utilization digitalization to bring new powers into rural revitalization to promote the growth of agriculture. As of the end of March, CIB’s agricultural loan balance has reached 715.58 billion yuan, an increase of 7.64%, compared to the end of the previous year.