专精特新第一城，为什么是深圳

Core Viewpoint - Shenzhen has emerged as a vibrant hub for technological innovation, supported by a comprehensive financial service system that enhances the financing accessibility for technology-driven SMEs and directs financial resources towards key sectors like AI, semiconductors, and biomedicine [1][2][9] Group 1: Financial Support Mechanisms - Shenzhen's financial support for technology innovation has evolved beyond mere capital injection to a collaborative mechanism that stimulates vitality, diversifies risks, and accompanies growth [2] - The People's Bank of China in Shenzhen has introduced various financial products such as "Tengfei Loan," "Technology Startup Pass," and "Cross-Border Loan" to address the financing needs throughout the entire lifecycle of technology enterprises [3][5] - "Tengfei Loan" incorporates future revenue sharing into credit relationships, allowing banks to provide longer-term loans to high-growth tech companies, with 146 companies signing agreements totaling 8.63 billion yuan by November 2025 [3][4] Group 2: Innovative Financial Products - "Technology Startup Pass" has helped 5,037 enterprises secure loans totaling 8 billion yuan by utilizing data from social security, tax, and intellectual property to identify potential tech companies [5] - "Cross-Border Loan" facilitates rapid financing for growth-oriented companies lacking collateral, serving nearly 70 enterprises with a total of 200 million yuan [5] - The financial products are designed to support companies from the seed stage to growth, ensuring that they do not dilute ownership while receiving necessary funding [4][9] Group 3: Ecosystem Optimization - Shenzhen is building a collaborative "technology-industry-finance" ecosystem, enhancing the "stock-loan-debt-insurance-exchange" linkage in its financial service system [6][7] - The "Kowloon Technology Innovation Cooperation Zone" has pioneered the "Science and Technology Exchange" pilot program to facilitate cross-border flow of research funds, significantly improving the efficiency of foreign-funded research institutions [6][7] - The "Thousand Billion Financing Plan" in Nanshan District aims to alleviate financing difficulties for tech companies by creating a comprehensive service system that includes risk-sharing mechanisms [7][8] Group 4: Long-term Investment and Growth - Private equity firms are increasingly participating in funding rounds for tech companies, with tools like the "Technology Board" and risk-sharing instruments providing stable, low-cost funding sources [9] - The continuous growth in the number of "specialized, refined, distinctive, and innovative" enterprises and R&D investment in Shenzhen is supported by a financial service system that acts as a "co-builder" and "accompanying runner" for tech companies [9]