Xin Hua Cai Jing·2025-06-19 02:24Group 1 - The core viewpoint emphasizes the importance of technology finance in supporting the development of new productive forces and enhancing the "technology-industry-finance" cycle [1] - The company is actively building a comprehensive financial service ecosystem to support the development of new productive forces, responding to the increasing demand for integrated financial services from technology enterprises [1] - China Life has provided risk protection of nearly 40 trillion yuan for strategic emerging industries and served over 9,600 national-level specialized and innovative small giant enterprises [1] Group 2 - The company leverages its insurance funds as long-term and patient capital to provide comprehensive financial support, including technology investment and credit, to technology enterprises [2] - An innovative "S Fund" incentive investment model has been developed to address the challenges of early-stage investment in technology enterprises, allowing for smaller and earlier investments [2] - In 2023, the company invested 11.8 billion yuan in the Shanghai Integrated Circuit Industry Fund, marking the first "S Fund" investment in the industry [2] Group 3 - The "S Fund" model allows government industry guidance funds to incubate key technology enterprises while insurance funds enter at a relatively mature stage, enhancing the effectiveness of government fund utilization [3] - In 2024, the company invested an additional 5 billion yuan in the Beijing Science and Technology Innovation Fund using the "S Fund" model [3] - The company aims to summarize experiences and promote the model, expressing a willingness to take on greater responsibility in supporting the development of new productive forces through technology finance [3]