从“风投之城”到“育林之城” “合肥经验”跃迁记

Core Insights - The "Hefei Experience" has evolved through three stages, focusing on attracting leading enterprises, nurturing high-potential startups, and creating an innovative ecosystem for sustainable growth [2][4][6] Investment Strategy - During the 14th Five-Year Plan, Hefei's state-owned assets completed project investments exceeding 430 billion yuan, with over 45% allocated to strategic emerging industries [3][7] - The "Investment-Driven Attraction" model has successfully cultivated clusters in integrated circuits, new displays, and new energy vehicles, leading to a continuous expansion of the Hefei capital market [3][7] Ecosystem Development - The Hefei Experience emphasizes a "tropical rainforest" innovation ecosystem, maximizing resource aggregation and efficient linkages, transitioning from traditional investment models to a full lifecycle support for enterprises [6][12] - Hefei's investment promotion bureau has segmented the industry into 11 sub-tracks to systematically identify potential projects, resulting in over 600 new project leads exceeding 100 million yuan [5][11] Financial Innovation - Hefei has introduced various financial tools, including merger loans, intellectual property securitization, and special purpose vehicles (SPVs), to support the capital needs of technology enterprises [12][13] - The establishment of a "buyer's library" and "seller's library" aims to facilitate mergers and acquisitions, focusing on companies with strong integration capabilities and high acquisition value [11][10] Future Outlook - Hefei is advancing its investment strategy by emphasizing the role of state-owned assets and market-oriented fund management to enhance resource integration capabilities [4][12] - The city is also exploring new models for industry introduction through acquisitions, ensuring a win-win scenario for government, listed companies, and industry operators [9][10]