Zhong Guo Zheng Quan Bao·2025-12-13 13:53Core Viewpoint - The article discusses the shift in commercial banks' credit assessment logic from a traditional "rearview mirror" approach, focusing on historical financial data, to a "telescope" perspective that emphasizes technology, teams, and future potential, particularly for early-stage technology companies [1][2][7]. Group 1: Shift in Financial Assessment - The 2023 Central Financial Work Conference prioritized "technology finance," prompting banks to explore innovative financial solutions for technology innovation [1]. - CITIC Bank established a Technology Finance Center, integrating investment banking expertise to enhance its technology finance services [2]. - The bank's assessment perspective has evolved to focus on technology and team potential rather than just historical financial metrics [2]. Group 2: Innovative Financial Products - CITIC Bank developed products like the "Technology Achievement Transformation Loan" to support early-stage technology companies lacking traditional collateral [3][4]. - The bank's approach includes a differentiated evaluation model centered on technology value, enabling it to provide critical credit support to technology firms [4]. Group 3: Ecosystem Development - CITIC Bank aims to transition from being a mere funding provider to a comprehensive resource connector, establishing a "Five Circles" ecosystem to support technology enterprises [5][6]. - The bank collaborates with universities and government entities to create a supportive environment for technology companies, facilitating access to resources and investment opportunities [5][6]. - As of September 2025, CITIC Bank's technology enterprise loan balance reached 593.09 billion yuan, reflecting a significant increase and a growing number of specialized enterprise accounts [6].