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Is it true that Shandong Bank supports Xinfengxiang?

Yes. According to relevant public information inquiries, Xinfengxiang Group located in Yanggu County received a 300 million yuan east-west labor cooperation poverty alleviation loan from the Shandong Branch of the China Development Bank within 72 hours for a period of one year. Shandong Provincial Bank was a local bank in Shandong during the Republic of China. It was established in September of the 14th year of the Republic of China and closed in the 17th year of the Republic of China.