Zhong Guo Zheng Quan Bao·2025-12-11 14:37Core Viewpoint - The development of technology finance is essential for commercial banks, and CITIC Bank has made significant strides in product innovation, investment-loan linkage, and ecosystem construction to support technology enterprises [1] Group 1: Establishment of Technology Finance Center - CITIC Bank established a Technology Finance Center in 2022 to drive the development of technology finance across the bank, acting as a strategic implementation center, development driving center, and resource coordination center [1][2] - The center has selected 21 key technology finance branches and over 200 pioneering branches to create an agile action team that connects upper and lower levels [2] Group 2: Resource Coordination and Risk Management - The Technology Finance Center optimizes systems, integrates resources, and allocates special policies, including incorporating technology finance indicators into the assessment system and providing special subsidies [3] - It has implemented differentiated approval mechanisms to enhance credit efficiency and accessibility for technology enterprises [3] Group 3: Product Innovation and Service Offerings - CITIC Bank focuses on product innovation to create a competitive service system, introducing products like the credit financing model based on innovation scores and the Torch Loan for precise evaluation of technology enterprises [4][5] - The bank offers a full lifecycle of financial services tailored to different stages of enterprise growth, from startup loans to bond issuance and mergers and acquisitions for mature companies [5] Group 4: Ecosystem Development - CITIC Bank aims to provide comprehensive services to technology enterprises, especially startups, by building a multi-dimensional ecosystem through five circles: capital assistance, government empowerment, listing cultivation, industry traction, and result transformation [7] - The bank actively collaborates with various stakeholders, including government departments and market service institutions, to support technology enterprises [7] Group 5: New Subsidiary Launch - CITIC Bank announced the establishment of its wholly-owned subsidiary, Xinyin Financial Asset Investment Co., Ltd., which has been approved to operate, marking it as the second shareholding bank financial asset investment company in China [8] - The new subsidiary will focus on market-oriented debt-to-equity swaps and equity investment in strategic emerging industries, enhancing the bank's comprehensive operational capabilities [8]