Core Viewpoint - The launch of the Technology Innovation Bonds in China's interbank market has received a positive response, with significant participation from various technology companies and investment institutions, indicating a strong demand for innovative financing solutions in the tech sector [1][3]. Group 1: Market Response and Participation - The Technology Innovation Bonds were officially launched on May 9, with 36 companies announcing a total issuance of 21 billion yuan, and 14 companies registering for an additional 18 billion yuan [1][3]. - The event featured a centralized roadshow with participation from multiple technology firms and investment institutions, highlighting the collaborative effort to promote these bonds [1][3]. - The initial response from institutional investors has been enthusiastic, suggesting a robust market appetite for these bonds [1]. Group 2: Issuer Details - Among the first 50 issuers, 26 technology companies are expected to issue bonds totaling 23.5 billion yuan, while 24 investment institutions plan to issue bonds worth 15.5 billion yuan [3][4]. - Notable issuers include both private enterprises like Luxshare Precision and public companies such as BOE Technology Group, covering a wide range of sectors including artificial intelligence and biomedicine [4][5]. - The geographical distribution of issuers spans 13 provinces, indicating a nationwide interest in the bonds [4]. Group 3: Fund Utilization - The funds raised through these bonds are primarily aimed at enhancing liquidity, supporting R&D, and facilitating comprehensive operational development for the issuing companies [3][7]. - Investment institutions are expected to use the funds for equity investments in technology sectors, ensuring that at least 50% of the raised capital is directed towards technology-focused enterprises [7][8]. - The flexibility in fund usage is a key feature of the Technology Innovation Bonds, allowing issuers to address specific financial needs [6][7]. Group 4: Risk Mitigation and Support Mechanisms - The issuance of Technology Innovation Bonds is supported by various risk-sharing mechanisms, including credit enhancement tools provided by financial institutions [10][12]. - The central bank has introduced a risk-sharing tool to support long-term financing for equity investment institutions, enhancing the credibility and market acceptance of these bonds [13][14]. - The involvement of diverse underwriting teams and the introduction of innovative credit risk mitigation measures are expected to improve the attractiveness of these bonds to investors [10][12].

5月9日下午2:30分，北京金融资产交易所人头攒动，科技创新债券上线暨集中路演活动(以下简称"活动")正在此举行，新希望、西科控股等8家发行人面向 现场几十家投资机构开展了一场集中路演。随着"科创未来金融护航"的蓝色横幅缓缓拉开，至此，银行间债券市场"科技板"正式上线。 党的二十届三中全会明确提出，要加快多层次债券市场建设，构建同科技创新相适应的科技金融体制。近日，中国人民银行、中国证监会联合发布关于支 持发行科技创新债券有关事宜的公告(中国人民银行中国证监会公告〔2025〕8号)。 银行间债券市场随即响应。5月7日，中国银行间市场交易商协会(以下简称"交易商协会")发布《关于推出科技创新债券构建债市"科技板"的通知》(以下简 称《通知》)，推出科技创新债券，市场反响热烈，多家机构积极参与注册发行。 以科技创新债券为桥梁 推动更多金融活水涌向创新高地 当前我国债券市场规模已经超过了180万亿元，稳居全球第二大债券市场。"科技创新债券的推出不仅是市场的一次重要创新，也是加快我国多层次债券市 场建设的一次关键机遇。"在活动上，中国人民银行金融市场司副司长曹媛媛关于各市场主体参与科技创新债券提出了四点倡议。 她表示 ...

中国母基金行业资讯（ 4 . 2 6 - 5 . 0 9） 【资讯解读】 2 2、贵州： 贵阳市生态城市发展基金招 GP 2 3、 天津 ： 武清区出台科创母基金管理办法 2 4、江苏： 江苏省海洋经济股权投资基金登记成立 01 全国： 这24家GP正在发行科创债 5月7日，在国新办新闻发布会上，中国人民银行、国家金融监管总局、证监会推出推出一揽子 金融政策。随后，中国人民银行、证监会联合公告，支持发行科技创新债券，金融机构、科技 型企业、私募股权投资机构和创业投资机构等三类机构可发行科技创新债券。 本周资讯涉及的母基金管理规模达 1 4 5 7 亿元，主要分布在 上海、广东、浙江、江苏、天津、 云南、黑龙江、新疆、河南、贵州 等地区，投资 高端装备制造、生物医药、未来产业、新材 料等 。以下是内容提要和具体资讯。 【内容提要】 1、全国：这2 4家GP正在发行科创债 2、上海： 上海科创三期母基金 正式设立 3、全国： 国家中小基金第七批首支子基金落地 4、广东： 广州天使母基金 拟投 1 2家GP 5、浙江： 将设百亿元未来产业基金和百亿元并购母基金 6、浙江：千亿 杭州科创基金 招 GP 7、天津： 拟 ...

Core Viewpoint - The People's Bank of China and the China Securities Regulatory Commission have jointly announced support for the issuance of technology innovation bonds by financial institutions, technology companies, private equity investment institutions, and venture capital institutions [1] Group 1: Issuance Response - Following the policy announcement, 36 companies have announced the issuance of technology innovation bonds with a total issuance scale of 21 billion yuan [3] - 14 companies have initiated registration with a total registered scale of 18 billion yuan [3] - 24 private equity investment institutions are expected to issue technology innovation bonds with an overall scale of nearly 10 billion yuan [3] Group 2: Financial Institutions' Plans - The China Development Bank plans to issue no more than 20 billion yuan in technology innovation bonds, divided into three varieties: 6 billion yuan for a 2-year term, 10 billion yuan for a 3-year term, and 4 billion yuan for a 182-day term [3] - Industrial and Commercial Bank of China plans to issue a base amount of 10 billion yuan, with an oversubscription of no more than 10 billion yuan [3] - Industrial Bank intends to issue 10 billion yuan [3] Group 3: Use of Proceeds - The funds raised from the issuance of technology innovation bonds by banks and other institutions will be used to support the development of technology innovation businesses [3] - The China Development Bank has stated that the raised funds will primarily be allocated to national technology innovation demonstration enterprises and manufacturing industry champions [3] Group 4: Private Equity Institutions - 14 private equity investment institutions, including Yuanhe Holdings and Luxin Venture Capital, have announced an expected issuance scale of 6 billion yuan [4] - 10 private equity investment institutions, such as Junlian Capital and Qiming Venture Partners, have entered the registration process [4]

Core Viewpoint - The People's Bank of China and the China Securities Regulatory Commission have announced support for the issuance of technology innovation bonds, expanding the range of issuers to include financial institutions, technology companies, private equity investment institutions, and venture capital institutions [1][2] Group 1: Issuance Plans - Major financial institutions such as the China Development Bank plan to issue up to 200 billion yuan in technology innovation bonds, while Industrial and Commercial Bank of China aims for a base issuance of 100 billion yuan, with a potential excess of 100 billion yuan [2] - Securities firms have also announced plans, with a total proposed issuance of up to 177 billion yuan, including firms like CITIC Securities and Huatai Securities [2] - A total of 36 companies have announced plans to issue technology innovation bonds, with a combined issuance scale of 21 billion yuan as of May 8 [1] Group 2: Funding Utilization - The funds raised from technology innovation bonds will primarily support the development of technology innovation businesses, including investments in national technology innovation demonstration enterprises and manufacturing champions [4] - Some securities firms plan to allocate a portion of the raised funds for market-making and underwriting services related to technology innovation [4] Group 3: Market Impact - The inclusion of financial institutions as issuers of technology innovation bonds is expected to expand the market and enhance the synergy between debt, equity, and loan funding for technology innovation [3][6] - The issuance of technology innovation bonds is projected to exceed 1.2 trillion yuan in 2024, reflecting a year-on-year growth of 59% [5] - The average issuance rate for 5-year AAA-rated technology innovation bonds is expected to remain lower than that of ordinary corporate bonds, indicating a favorable financing environment for technology companies [5]

在我国经济迈向高质量转型发展的关键节点，债市"科技板"的推出无疑是一项具有深远战略意义的金融创新，将为科技创新企业注入资金活水，推动经济 结构优化升级，助力国家创新驱动发展战略落地。 债市"科技板"相关政策发布后，5月8日，多家金融机构、创投公司、企业披露科技创新债券发行计划，金融机构包括国家开发银行、工商银行、兴业银行 等，创投公司包括深投控、鲁信创投、无锡创业等，企业包括立讯精密、科大讯飞、牧原股份等。此外，中信证券、国泰海通证券、中信建投证券等多家券 商机构也在发债名单中。 首批发债企业名单出炉 截至记者发稿，在目前公布的发债企业中，国家开发银行计划发行不超过200亿元科技创新债券；工商银行基本发行规模100亿元，超额发行不超过100亿元； 兴业银行拟发行金额为100亿元。 据了解，国家开发银行拟发行200亿元科技创新债券，分为三个品种，品种一计划发行60亿元，期限为2年；品种二计划发行100亿元，期限为3年；品种三计 划发行40亿元，期限为182天。 科大讯飞计划发行2025年度第一期科技创新债券，发行规模8亿元，期限3年，发行日为5月12日，募集资金用于补充发行人的营运资金。 创投机构方面，深投控拟 ...

| 证券代码：600783 | 股票简称：鲁信创投 | | | 编号：临 2025-13 | | --- | --- | --- | --- | --- | | 债券代码：155271 | 债券简称：19 | 鲁创 | 01 | | | 债券代码：163115 | 债券简称：20 | 鲁创 | 01 | | | 债券代码：137784 | 债券简称：22 | 鲁创 | K1 | | | 债券代码：240884 | 债券简称：24 | 鲁创 | K1 | | 一、说明会类型 公司已于 2025 年 4 月 30 日在上海证券交易所网站（www.sse.com.cn）披露 了《2024 年年度报告》。为便于广大投资者更加全面深入地了解公司经营业绩、 发展战略等情况，公司定于 2025 年 5 月 16 日（星期五）9:30-10:30 在"价值 在线"（www.ir-online.cn）举办公司 2024 年度业绩说明会，与投资者进行沟通 和交流，广泛听取投资者的意见和建议。 1 会议召开时间：2025 年 5 月 16 日（星期五）9:30-10:30 会议召开地点：价值在线（www.ir-online.cn） ...

Core Viewpoint - The annual report summary of Lushin Venture Capital Group Co., Ltd. highlights the company's financial performance, profit distribution plan, and the current state of the investment and abrasive industries in 2024. Company Overview - Lushin Venture Capital's main business includes venture capital and abrasive manufacturing, with venture capital being the primary source of profit [7][8]. Financial Performance - For the fiscal year 2024, the net profit attributable to the parent company is CNY 161.93 million, with a total distributable profit of CNY 2.68 billion after accounting for retained earnings and cash dividends [3]. - The proposed profit distribution plan suggests a cash dividend of CNY 0.7 per 10 shares, totaling CNY 52.11 million [3]. Industry Analysis Abrasive Industry - The abrasive industry is experiencing a downward trend in revenue and profit due to changes in domestic and international market demand, with imports totaling USD 720 million and exports at USD 3.58 billion in 2024 [4]. Venture Capital Industry - The venture capital sector is undergoing significant regulatory changes aimed at enhancing market quality and risk prevention, as outlined in the "New National Nine Articles" and subsequent policies [5][6]. - In 2024, the Chinese private equity market raised CNY 1.44 trillion, a decrease of 20.8% year-on-year, with the number of new funds dropping by 43% [7]. - Investment activity also declined, with 8,408 cases reported, a 10.4% decrease, while the total disclosed investment amount fell by 10.3% to CNY 603.65 billion [7]. Business Operations Abrasive Business - The abrasive business operates primarily in the non-metallic mineral products industry, focusing on production and sales, serving clients in military, automotive, aerospace, and precision machining sectors [8]. Venture Capital Business - The venture capital business has established a rigorous investment management and risk control system, focusing on sectors such as information technology, energy conservation, new materials, and biomedicine [9][10].

证券代码：600783 证券简称：鲁信创投 公告编号：2025-10 鲁信创业投资集团股份有限公司 关于召开2024年年度股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 召开会议的基本情况 (一)股东大会类型和届次 2024年年度股东大会 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 5 月 28 日 14 点 30 分 召开地点：山东省济南市奥体西路 2788 号 A 塔 2720 会议室 股东大会召开日期：2025年5月28日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 5 月 28 日 重要内容提示： 至2025 年 5 月 28 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的 ...

十一届十一次监事会决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 鲁信创业投资集团股份有限公司（以下简称"鲁信创投"、"公司"）第十一 届监事会第十一次会议于 2025 年 4 月 28 日在公司会议室以现场方式召开，本次 会议通知已于 2025 年 4 月 18 日以书面方式发出。会议应到监事 5 人，实到 5 人。会议符合《公司法》和《公司章程》的有关规定。会议审议并全票通过了以 下议案： | 证券代码：600783 | 股票简称：鲁信创投 | | | 编号：临 | 2025-11 | | --- | --- | --- | --- | --- | --- | | 债券代码：155271 | 债券简称：19 | 鲁创 | 01 | | | | 债券代码：163115 | 债券简称：20 | 鲁创 | 01 | | | | 债券代码：137784 | 债券简称：22 | 鲁创 | K1 | | | | 债券代码：240884 | 债券简称：24 | 鲁创 | K1 | | | 鲁信创业投资集团股份有限公司 一、审议 ...