Core Insights - The article highlights the significant advancements in key industries such as aerospace, semiconductors, and pharmaceuticals in Zhejiang, driven by innovative private enterprises and supported by financial institutions like Zheshang Bank [1][2][3][4][5][6]. Group 1: Aerospace Industry - Blue Arrow Aerospace's "Zhuque-3" rocket, China's first reusable rocket, successfully launched and entered orbit, marking a critical step in China's commercial space sector [2]. - Zheshang Bank has provided long-term financial support to Blue Arrow Aerospace since its establishment in 2018, facilitating the company's transition from research and development to large-scale production [2]. Group 2: Semiconductor Industry - ChipLink Integrated Circuit Manufacturing Co., Ltd. has emerged as a key player in the semiconductor sector, ranking among the top ten globally in wafer foundry revenue [3]. - Zheshang Bank has innovated financing solutions for ChipLink, including the issuance of a 500 million yuan technology innovation bond, supporting the company's market expansion and operational needs [3]. Group 3: Pharmaceutical Industry - Innovent Biologics, founded by Dr. Yu Dechao, has successfully launched 18 new drugs, with 12 included in the national medical insurance directory, benefiting over 600,000 patients [5][6]. - Zheshang Bank has provided cross-border financial solutions to Innovent Biologics, facilitating its global expansion and offering substantial credit lines to support its international operations [5][6]. Group 4: Financial Support and Strategy - Zheshang Bank has served over 35,000 technology-based enterprises, with a financing balance exceeding 460 billion yuan, demonstrating its commitment to supporting innovation in Zhejiang [6][7]. - The bank aims to enhance its technology finance services, aligning with national strategies to foster innovation and support the growth of private technology enterprises [7].
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