Bank Of Shanghai(SH:601229) Jin Rong Shi Bao·2025-08-27 02:37Group 1 - The "biopharmaceutical pipeline pledge financing" model is a key tool for innovative drug development companies to obtain large, relatively low-cost, non-dilutive funding, effectively revitalizing core intangible assets and accelerating R&D and commercialization processes [1][2] - The Shanghai Technology Exchange has implemented this financing model in the Shanghai region and is promoting it nationwide, alongside other financial innovations to support intellectual property transformation and protection [1][2][4] - The financing model involves comprehensive evaluation of pharmaceutical pipelines based on market demand, competitive landscape, and commercialization prospects, providing scientific and fair value empowerment for companies [2][3] Group 2 - Shanghai banks have explored various new financial service models around intellectual property transformation, including patent and trademark pledge financing, and have successfully facilitated significant financing amounts [4][5] - As of June this year, the amount of patent and trademark pledge financing registered in Shanghai reached 132.28 billion yuan, a year-on-year increase of 29.33%, benefiting numerous enterprises [5] - The introduction of proactive credit granting and lower interest rates in the new financing products for patent-intensive enterprises marks a shift from traditional financing models, significantly improving efficiency and convenience for companies [6][7] Group 3 - The establishment of a company-operated intellectual property service trust in Shanghai represents an innovative approach to monetizing intellectual property, allowing for asset protection and management of funds for technology innovation enterprises [9][10] - The first market-oriented knowledge property securitization project in Shanghai allows companies to obtain direct financing through bond issuance, providing a more efficient alternative to traditional pledge financing [11] - Shanghai has become one of the eight national pilot zones for intellectual property financial ecosystems, with plans to implement comprehensive measures to enhance the development of intellectual property finance [11]