浙江拟探索建立“科技企业培育板” 力争每年保有超1000家上市后备军

Core Viewpoint - Zhejiang Province aims to enhance support for technology-driven enterprises, establishing a robust pipeline for future public listings, with a target that by 2027, over 80% of new listed companies will be from the technology sector [1][4]. Group 1: Government Investment and Fund Expansion - The government plans to strengthen the guiding role of investment funds, expanding the scale of provincial venture capital funds to focus on artificial intelligence, life sciences, new materials, and new energy, targeting a fund size exceeding 20 billion yuan by 2027 [2]. - There will be an increase in the contribution ratio of government investment funds to seed funds, talent funds, and angel funds, with a typical fund duration not exceeding 20 years [2]. - The initiative includes establishing a mechanism linking government investment funds with high-level platforms and technology service institutions to support various types of funds, including proof-of-concept and incubation funds [2]. Group 2: Fund Diversification and Exit Strategies - The plan emphasizes strengthening collaboration across provincial, municipal, and county levels to attract national venture capital guidance funds and other financial institutions to establish or participate in venture capital funds in Zhejiang [3]. - The proposal aims to broaden exit channels for funds, encouraging the establishment of private equity secondary market funds to facilitate exits for seed and angel funds [3]. Group 3: Capital Market Support for Technology Enterprises - Zhejiang will support technology enterprises in listing and mergers, focusing on those undertaking significant national and provincial technological tasks, with a comprehensive approach to enhance the entire listing process [4]. - The goal is to maintain a dynamic reserve of over 1,000 technology enterprises ready for listing each year, with a target of 80% of new listings being technology-related by 2027 [4]. - The government will encourage the establishment of merger funds in collaboration with listed companies and support for technology SMEs through enhanced loan provisions for mergers [4]. Group 4: Regional Equity Market Development - The initiative includes strengthening the regional equity market, utilizing innovative pilot policies to support equity investment and venture capital share transfers in cities like Hangzhou and Ningbo [5]. - There will be efforts to connect with major stock exchanges and establish a "technology enterprise cultivation board" to facilitate the listing of high-quality enterprises [5]. - The plan aims to improve services related to stock reform, roadshow training, and financing connections to assist more technology SMEs in transitioning to public listings [5].