交易商协会发布科技创新债券操作八项问答

Core Viewpoint - The introduction of technology innovation bonds aims to facilitate market operations and enhance the efficiency of registration issuance, supporting various types of enterprises, especially private and technology-driven companies [1][2]. Group 1: Requirements for Issuers - Technology innovation bonds do not impose specific requirements on the scale or financial indicators of issuers, supporting a wide range of entities including private enterprises and local state-owned enterprises [1]. - Issuers must disclose specific titles and recognition from relevant authorities in their fundraising documents, including the name of the title, recognizing agency, policy basis, and validity period [5][6]. Group 2: Eligibility Criteria for Technology Enterprises - Eligible technology enterprises must possess at least one recognized title of technological innovation, with specific criteria outlined for various categories such as high-tech enterprises and specialized small and medium-sized enterprises [2][4]. - Enterprises must focus on technology-related industries and demonstrate a close relationship between their patents and core business operations, with specific requirements for the number of patents or software copyrights [3]. Group 3: Fund Utilization and Compliance - Issuers can use raised funds for mergers and acquisitions, provided they comply with relevant regulations and ensure the funds are used for technology-related industries [6]. - Funds can also be allocated to pre-registration funds, with specific conditions to ensure compliance with legal and regulatory requirements [7]. Group 4: Financial Reporting and Disclosure - Enterprises can apply for an extension of the validity period for financial reports under certain conditions, with a maximum extension of two months [8]. - Issuers must disclose arrangements regarding the extension of financial data validity in their fundraising documents, ensuring transparency for investors [9]. Group 5: Risk Mitigation Tools - Issuers can highlight the support of risk-sharing tools in the bond name and related documents to enhance investor recognition and confidence [10].