深圳市人大代表：优化国资投资考核支撑硬科技企业长期发展

Core Viewpoint - Shenzhen's state-owned assets play a crucial role in supporting technological innovation and nurturing hard-tech enterprises, with a call for optimizing the investment assessment mechanism to align with the long-term development needs of these companies [2][3]. Group 1: Current Challenges - The existing investment assessment mechanism primarily relies on short-term financial indicators such as "net profit" and "listing time," which do not align with the long-term, high-investment, and slow-return nature of hard-tech enterprises [2][3]. - In the current economic environment, with narrowed listing channels and a cooling market for financing, some companies face pressure to repurchase equity due to unmet performance targets, hindering their ongoing R&D and long-term development [2]. Group 2: Proposed Solutions - Recommendations include the formulation of guidelines for assessing and exiting investments in hard-tech enterprises, eliminating mandatory performance clauses related to "net profit growth rate" and "listing time," and establishing a long-term assessment system focused on patent quality, ecosystem development, and technological milestones [3]. - The proposal also suggests optimizing the exit mechanism for state-owned investments, allowing for negotiation on holding periods and flexible repurchase arrangements to avoid forced equity buybacks during challenging times for companies [3]. - Additionally, there is a push for building a post-investment empowerment system, encouraging state-owned entities to connect enterprises with industry resources, open application scenarios, and participate in standard-setting, with the effectiveness of these connections included in the assessment of state-owned assets [3].