IBM(US:IBM) Xin Hua Cai Jing·2025-08-20 08:58Core Viewpoint - The launch of the "National Action for Patience Capital" aims to link various resources and promote a virtuous cycle of "technology-industry-finance" to support the construction of a Chinese-style technology finance system [1][9]. Group 1: AIC's Role and Expansion - The National Financial Supervision Administration has expanded the AIC's equity investment scope to 18 pilot cities, indicating a significant increase in trial regions within six months [2]. - AIC is becoming a benchmark for investment and financing, forming a new breakthrough in cultivating new productive forces [2]. - AIC institutions are leveraging their advantages in long-term capital, industry collaboration, professional capabilities, and risk management to provide stable patient capital [5][6]. Group 2: Investment Achievements - ICBC's investment arm has achieved a cumulative market-oriented debt-to-equity swap scale exceeding 400 billion yuan and a private equity fund management scale of over 250 billion yuan [3]. - Agricultural Bank's investment company has invested in 93 projects totaling 20.3 billion yuan, focusing on key national strategies and hard technology fields [4]. - Construction Bank's investment has reached nearly 500 billion yuan in equity business, with over 60% of investments in the technology sector in the past three years [5][8]. Group 3: Future Directions and Strategies - AIC is exploring diversified technology financial services and enhancing its role as patient capital by integrating various financial products [7]. - The focus is on supporting both traditional industries' transformation and the growth of strategic emerging industries [7]. - The action aims to create a collaborative innovation network and facilitate efficient connections between patience capital and industry [9].