让科技成果不再“沉睡”，力合科创做对了什么？

Core Insights - The article discusses the transformation of Lihua Science and Technology during the "14th Five-Year Plan" period, emphasizing its shift from a traditional incubator to a comprehensive enabler of technological innovation and industrial development [2][3]. Strategic Development - Lihua Science and Technology has clarified its strategic path, completing a restructuring that led to a "double first-class" development strategy and a model combining "technology innovation service industry + strategic emerging industries" [3]. - The company has exceeded its three-year performance commitments post-restructuring, evolving from a basic service provider to a systemic enabler of the national innovation system [3]. Industry Chain Enhancement - The company has improved the integration of innovation incubation, technology investment, and industrial cultivation, creating a closed-loop system [3]. - It has established the first concept verification and pilot test fund in the country, along with the first seed fund in Shenzhen, providing early-stage funding for innovative projects [4]. Focus on Hard Technology - Lihua Science and Technology has concentrated on hard technology sectors such as new-generation information technology, advanced manufacturing, new energy materials, and biomedicine, incubating nearly 2,000 companies and nurturing 8 listed companies during the "14th Five-Year Plan" [4][5]. Differentiation in Technology Investment - The company distinguishes its technology investment from general financial investment by focusing on the technology sector, employing scientific methods for investment, and providing systematic support post-investment [5]. - It aims to lock in and excavate the value of technology achievements through collaboration with research teams, forming a community of shared interests [5]. Evaluation Criteria for Early-stage Projects - When assessing early-stage hard technology projects, the company prioritizes the originality and barriers of technology, the comprehensive capabilities of the team, market feasibility of products, and synergy with its industrial ecosystem [6][9]. Overcoming the "Valley of Death" - Lihua Science and Technology has a high project survival rate and significant growth multiples due to its deep understanding of the internal rules of technology achievement transformation and a mature methodology [7][8]. - The company has built a professional team with expertise in technology, industry, investment, and enabling capabilities [7]. AI and Robotics Initiatives - The company has proactively engaged in early investments and explorations in AI and robotics, establishing the Shenzhen Moli AI Ecological Community to accelerate technology commercialization [9][10]. - It has partnered with top universities to recruit elite AI entrepreneurial teams and plans to set up a specialized industry fund for AI and robotics [9]. Future Growth Potential - The company sees potential in the batch and scale transformation of technology achievements, aiming to expand its business model and increase the number of projects receiving investment and incubation [11]. - It also aims to foster a proprietary industrial system in emerging fields such as AI, embodied robotics, and new materials through technology achievement transformation and innovation services [11].