Core Insights - Postal Savings Bank of China (PSBC) has actively engaged in the investment-loan linkage mechanism since February, focusing on supporting the real economy and expanding effective investment [1][2] - As of the end of July, PSBC has approved project credit amounts exceeding 270 billion yuan and issued nearly 60 billion yuan in loans, targeting key areas such as ecological protection, urban renewal, rural revitalization, and new productivity [1] Group 1 - PSBC has established a dedicated working group to enhance the investment-loan linkage, involving leadership and various departments to ensure effective collaboration [1] - The bank has implemented a comprehensive project management system to improve service efficiency and resource allocation for major projects [1] - Priority policies have been introduced for key projects under the investment-loan linkage, ensuring timely and efficient loan disbursement [1] Group 2 - In the new productivity cultivation sector, PSBC's Anhui branch has utilized the investment-loan linkage to support private technology enterprises like Zhuopu Intelligent Equipment Co., Ltd. [2] - The Anhui branch has developed an innovative "technology flow" evaluation system to assess creditworthiness based on patents, R&D investment, and technical team strength [2] - PSBC aims to leverage its financial strength and extensive network to provide comprehensive financial support for key projects, aligning with national strategic priorities [2]

5月8日，中信银行发布公告称，该行召开的董事会审议通过《关于申请设立金融资产投资公司的议 案》，该行拟以自有资金出资100亿元设立全资子公司信银金融资产投资有限公司（暂定名，将以有关 监管机构、市场监督管理部门核准的名称为准）。6月3日，该行公告披露，近日收到《国家金融监督管 理总局关于筹建信银金融资产投资有限公司的批复》，同意该行筹建信银金融资产投资有限公司。筹建 工作完成后，该行将按照有关规定和程序向国家金融监督管理总局提出开业申请。 北京商报讯（记者 宋亦桐）8月28日，中信银行召开2025年半年度业绩发布会，中信银行副行长谷凌云 表示，"金融资产投资公司（AIC）的设立为我行未来科技金融将注入新动力。" 谷凌云表示，具体来讲可以体现为两个有利，第一个有利于实现商业可持续闭环，通过AIC，中信银行 可以打造投贷联动新模式，培育投资收益新来源，实现风险收益新平衡。第二个有利于丰富科技金融生 态，通过AIC可以设立更广泛的基金和股权投资合作，深化跟各地方政府和产业龙头以及头部私募基金 的战略协作，推动科技金融生态建设再上新的台阶。 ...

Group 1 - The meeting focused on enhancing financial services for the real economy, emphasizing collaboration between banks and enterprises to drive high-quality economic development in Anqing [1][5] - The meeting highlighted the importance of financial institutions in injecting vitality into economic and social development, especially during Anqing's critical phase of transformation and upgrading [5][7] - Participants agreed on the need for a collaborative approach to address financing bottlenecks and support local industry upgrades and market entity growth [5][7] Group 2 - Key strategies discussed included strengthening direct financing cooperation, optimizing guarantee services, and addressing gaps in financial services by establishing local fund management and supply chain companies [7] - The meeting emphasized the importance of a "coexistence and mutual benefit" philosophy, enhancing regular communication mechanisms, and promoting multidimensional cooperation among stakeholders [7] - There was a consensus to leverage the advantages of banks and financial holding companies to create a healthy and orderly regional financial ecosystem [7]

Core Points - The 2025 Guangzhou Science and Technology Innovation and Entrepreneurship Competition has introduced favorable policies, including a total cash reward of 20 million yuan and a newly established investment support mechanism totaling 100 million yuan [1][3]. Group 1: Competition Structure - This year's competition continues the "market + government" model from last year, themed "Create in Guangzhou," expanding from 14 to 19 industry tracks based on the city's "12218" modern industrial system layout [3][4]. - Five new tracks have been added: ultra-high-definition video and new reality, low-altitude and deep-space aerospace, cell and gene technology, marine technology and equipment, and intelligent unmanned systems [4]. Group 2: Awards and Investment Support - The total cash reward for the competition is set at 20 million yuan, with awards for each of the 19 tracks, including one first prize, two second prizes, three third prizes, and up to 200 excellence awards for both startup and growth groups [4]. - A new investment support mechanism has been established, offering up to 20 million yuan in equity investment for companies that win first, second, or third prizes and have been established for less than five years without prior market investment, addressing the financing challenges faced by technology-based SMEs [4][5]. Group 3: Financing and Digital Integration - A survey revealed that 60-70% of technology-based SMEs have never received financing, prompting the competition to promote loan and investment linkage by collaborating with banks to establish special credit lines and develop exclusive credit products for participating companies [5]. - The competition will also integrate digital resources to facilitate information sharing, performance tracking, and live streaming, while building a new media matrix for communication and engagement [5]. Group 4: Registration Information - Participating companies must register on the "Guangzhou Science and Technology GI" platform, with a registration deadline of October 10 [6].

以下文章来源于超募研究所 ，作者FOFWEEKLY研究 超募研究所 . 结合实操业务及公域&私域数据，为私募股权行业从业者（FOF、LP、GP等）提供专业性、垂直类研 究内容输出。 引言： 为了帮助GP及市场参与者穿透市场迷雾把握配置风向，我们对一级市场各类LP进行了最新、最全的梳 理，本系列梳理预计6-8篇，计划涵盖国家级引导基金、地方政府引导基金、险资、银行系、CVC、市 场化LP、S基金、公共型LP等相对活跃的LP类型。希望本系列研究可以给到行业一些帮助，也欢迎各 同仁与我们交流。 作者丨 FOFWEEKLY研究 银行资金受《商业银行理财业务监督管理办法》等监管规则约束，投资私募股权领域时对合规性和 合作主体资质要求极高。在筛选管理人时，银行往往偏好国资背景、头部持牌机构或过往业绩清 晰、无合规风险的管理人，对中小民营管理人准入门槛高。 （二）银行资产的整体配置情况 2025年，由于AIC扩容政策的发布，银行对于私募股权的出资活跃度与规模皆进一步提升，相较于 AIC参与设立引导基金，银行理财子的出资规模仍然较低/银行理财子的出资行为本质是理财产品 风险属性与股权投资收益需求的平衡，因此银行理财子在出资时 ...

Group 1 - The event focused on "investment-loan linkage," creating an efficient bridge for equity and debt financing for technology enterprises [1][2] - Representatives from 14 high-quality technology innovation companies across various sectors, including healthcare, new energy, and semiconductors, participated in the financing connection [2] - The Beijing Fund Town aims to continuously innovate and optimize services to form a new ecosystem of technology finance, contributing to high-quality economic development in the capital [2] Group 2 - The Beijing Securities Regulatory Bureau introduced the current needs and connections between equity venture capital institutions, technology enterprises, and banks [1] - The People's Bank of China Beijing Branch discussed the construction of the investment-loan linkage platform and its support for private equity funds and technology enterprises [1] - The Beijing Fund Town shared its development status of private equity institutions and its efforts in risk prevention and compliance training [1]

本报讯 （记者朱宝琛）为深入贯彻中国证监会及北京市相关工作部署，做好科技金融大文章，提升金 融支持科技创新质效，服务北京国际科技创新中心建设，8月15日，北京证监局、中国人民银行北京市 分行、北京市科学技术委员会、中关村科技园区管理委员会与北京基金小镇共同举办"中关村科技·金融 汇"第6期投贷联动融资对接活动。 北京证监局私募处处长在主持发言中介绍了北京辖区股权创业投资机构、科技型企业和银行投融资方面 的现实需求和结合点，推动投贷联动融资对接的原则和意义，表示将与各委办局合力搭建具有北京特色 创新性的供需对接平台，围绕首都高精尖产业结构、科创型企业成长周期提供更优质、高效的服务；人 民银行北京市分行负责人介绍了投贷联动平台建设和支持私募基金、科创企业发展方面的情况，以及前 期投贷联动融资对接取得的积极成效；北京基金小镇相关负责人介绍了小镇私募机构发展情况，服务实 体经济情况，以及小镇在服务和引导管理人合规展业方面开展的风险防控、合规培训等方面的做法和成 效。 本次活动聚焦"投贷联动"，为科技型企业搭建股权融资与债权融资高效对接的"桥梁"，臻知医学、星川 新能源、平方和、东方空间、华龛生物、泰科天润、大橡科技等 ...

8月15日，由北京市科委中关村管委会创新创业服务处、中关村高科技产业促进中心联合中关村独角兽 企业发展联盟、中国银行北京市分行主办的"独角兽企业融资对接会"在中关村特色园区——首钢园成功 举办。活动组织中金公司、高瓴创投、中银资产、中银证券以及北京证券交易所，与集成电路、金融科 技、新能源与新材料、智能装备等前沿领域的独角兽和潜在独角兽企业"一对一"交流对接，围绕债权、 股权、上市规划等提供全链条服务。 闭环服务：从"一次性对接"到"长效化陪伴" 此次活动不仅为独角兽企业与金融机构搭建了高效对接的桥梁，更彰显了北京在构建创新生态、破解企 业融资方面的务实举措。活动落幕不是服务终点，而是合作的新起点。 下一步，北京市科委、中关村管委会、中国银行北京市分行将围绕独角兽企业发展需求，持续组织与相 关机构的精准对接活动，推动合作意向转化为合作实质，助力企业在京做大做强做优。（资讯） 编辑：林森 投贷联动：圆桌对接碰撞合作火花 "我们计划明年启动Pre-IPO轮融资""北交所的最新审核标准对研发投入占比有哪些新要求？""公司正在 布局海外市场，能否对接跨境信贷和汇率避险工具？"在主题分享结束后，"投贷联动"圆桌交流环节 ...

Core Viewpoint - Taizhou is leveraging its "New Dawn at Sea" strategy to accelerate the development of its automotive industry, which has become a key driver of high-quality economic growth, contributing 45.9% to the city's GDP in 2024, amounting to 702.095 billion yuan [1]. Industry Development - The automotive and parts industry in Taizhou has doubled in scale over the past four years, encompassing around 300 product varieties, including complete vehicles and various components [2][3]. - Taizhou has established a robust automotive industry framework supported by a core high-end equipment manufacturing park and four provincial-level automotive parts bases [2]. Innovation and Challenges - Taizhou hosts numerous high-quality innovation resources, including national-level technology centers and specialized enterprises, with over 300 regulated enterprises in the automotive sector [3]. - Local automotive parts companies face challenges such as insufficient R&D investment, a shortage of high-end talent, and low product added value, particularly amid the rapid transition to electric and intelligent vehicles [3]. Financial Empowerment - Nanjing Bank's Taizhou branch has provided targeted financial support, helping local companies achieve breakthroughs in technology and market expansion [4]. - The bank has introduced innovative financial services, such as the "Investment-Loan Linkage" model, which has significantly increased credit limits for local enterprises [4]. Financing Solutions - The bank's "Xin e Micro" online financing product has facilitated 3.8 billion yuan in pre-approved credit for over 1,100 enterprises, with a focus on technology-driven companies [5]. - A specialized service team has been established to provide comprehensive financial solutions, enhancing the support for local businesses [5][6]. Platform Development - The "Investment-Loan Linkage" initiative has successfully attracted over 1,000 enterprises, facilitating credit cooperation exceeding 250 million yuan for nearly 40 automotive parts companies [7]. - Nanjing Bank is actively supporting the construction of urban charging infrastructure, providing 709 million yuan in loans to enhance the environment for the development of the new energy vehicle industry [8]. Future Outlook - The automotive industry in Taizhou is set to achieve a production value target of 85 billion yuan in 2023, with expectations to reach 105 billion yuan by 2027 [9]. - Nanjing Bank aims to focus on core technological breakthroughs and enhance the competitiveness of the automotive supply chain through targeted financial services [9][10].

Group 1 - Jiangyin Luyuan Electric Technology Co., Ltd. received an order for 20,000 harmonic filters worth 8 million yuan, requiring timely procurement of raw materials and production startup [1] - Jiangyin's financial institutions have established a multi-party collaboration to address the financing difficulties faced by small and medium-sized enterprises (SMEs), creating a comprehensive financing service mechanism [1] - The "Angel Loan" product was launched to support early-stage technology companies by allowing investment institutions to invest first, followed by bank loans, focusing on innovation capability and market recognition rather than traditional financial metrics [1] Group 2 - Jiangyin's financial institutions utilize the "Suzhi Loan" product to offer intellectual property pledge loans, converting "soft assets" into "hard currency" for growing enterprises [2] - Jiangyin Bank provided a 10 million yuan loan to Jiangsu Haixi Meiy Electronic Technology Co., Ltd. through patent pledges, emphasizing the importance of patents in supporting R&D efforts [2] - Jiangyin encourages financial institutions to broaden the range of pledgeable assets, including trademarks, copyrights, and data, to assist companies in overcoming financial challenges [2] Group 3 - Jiangyin High-tech Zone has implemented targeted financing support policies for expansion-stage enterprises, focusing on key industries such as integrated circuits and biomedicine [2] - A 300 million yuan project loan was provided to Jiangsu Xingan Technology Co., Ltd. by China Everbright Bank, with a two-year grace period for repayment, facilitating the company's growth [2][3] - Jiangyin has established a closed-loop mechanism involving government, banks, and enterprises to optimize financial resource allocation, organizing various events to connect financial institutions with SMEs [3] Group 4 - Jiangyin has developed a financing coordination work mechanism to support SMEs, resulting in over 95,000 enterprise visits and more than 750 billion yuan in cumulative credit [3] - The first loan rate for SMEs in Jiangyin has reached 1%, indicating a successful outreach and support strategy [3] - Financial advisors from banks have been assigned to local government agencies to enhance the connection between financial resources and the real economy [3]