Sou Hu Cai Jing·2026-01-11 22:41Core Viewpoint - The Bank of China has launched the "Innovation and Technology Customer Cultivation Plan" aimed at fostering high-level technological self-reliance and addressing critical bottleneck issues in key sectors through a comprehensive financial service model [2]. Group 1: Financial Support and Structure - The plan will allocate a total of 60 billion yuan, consisting of 10 billion yuan for equity investment and 50 billion yuan for credit funds, to support the cultivation of at least 100 high-quality enterprises with core technologies [2][3]. - The initiative will start with pilot programs in five cities: Beijing, Shanghai, Nanjing, Wuxi, Changzhou, Shenzhen, and Hangzhou [2]. Group 2: Implementation Strategy - The Bank of China will adopt a "pilot first, gradual promotion" approach to expand the program to other national technology innovation hubs [3]. - A "combined equity and loan funding pool" will be established to support the entire value chain, including various funds tailored for different stages of enterprise development [3]. Group 3: Collaborative and Support Mechanisms - The plan emphasizes a unified understanding and process coordination to create comprehensive financing solutions through expert consultations and joint evaluations [3]. - An "innovation ecosystem alliance" will be formed with various partners, including state-owned investment institutions and leading venture capital firms, to provide a rich platform for financial and non-financial resource integration [3].