联聚德视角：政策性金融新工具下的融合战略实践

Core Insights - The National Development and Reform Commission announced the release of 500 billion yuan in new policy financial instruments, which not only injects funds into the market but also creates strategic opportunities for market participants [1] - The new policy financial instruments exhibit three key characteristics: closer coordination between fiscal and monetary policies, clear structural arrangements for fund allocation, and an emphasis on capital attributes in financing models [1] - The "fusion" strategic approach proposed by the company emphasizes the organic combination of different elements rather than simple addition [1] Group 1: Fusion Strategy - The first aspect of the fusion strategy is the integration of financing and intelligence, where obtaining policy funding is just the first step; professional project operation and fund management capabilities are essential for effective utilization [2] - The second aspect is the integration of cycles and structures, focusing on industries like digital economy and green low-carbon sectors that align with long-term development trends [2] - The third aspect is the integration of capital and responsibility, incorporating environmental, social, and governance factors into project evaluation and implementation to ensure sustainable development and long-term returns [2] Group 2: Focus Areas - The company is particularly focused on three areas: technological innovation, emphasizing industrial internet and artificial intelligence with strong spillover effects [3] - In the green low-carbon sector, the team aims to promote a model that fosters the interaction between green asset construction and carbon financial innovation [3] - In consumption and urban renewal, the focus is on the integrated development of hardware and software to cultivate assets that generate sustainable and high-quality cash flows [3] Group 3: Future Outlook - The introduction of the 500 billion yuan policy financial instruments marks an important starting point and signifies the beginning of a new round of policy support [3] - The true value of the policy will depend on the ability of market participants to transform it into sustainable business models and actual development outcomes [3] - The company will continue to act as a bridge between policy and market, striving to seize policy opportunities while contributing to value creation in the process of China's high-quality economic development [3]