Biological assets mortgage loan. This product is a living mortgage loan issued by Du Yao Rural Commercial Bank around pigs, beef cattle and other livestock raised by farmers. It became the first loan in Jiangsu province that was applied for and approved by the bank with pigs as collateral, marking the official landing of the mortgage loan for living biological assets.
Biological assets generally refer to productive biological assets, which refer to biological assets held for producing agricultural products, providing services or renting, including economic forests, firewood forests, livestock production and draught animals.