Group 1 - The core viewpoint of the articles is the issuance of the first batch of technology innovation bonds in China, led by Industrial Bank's Nanjing branch, raising a total of 1.8 billion yuan to support technological innovation and industrial upgrading [1][2] - The technology innovation bonds are introduced by the China Interbank Market Dealers Association to implement major decisions on technological innovation by the central government, aiming to enhance the financial support for technology-driven enterprises [1] - The issuance of these bonds reflects the commitment of state-owned financial institutions to support high-quality development and the national innovation-driven development strategy [1] Group 2 - The launch of the "technology board" in the bond market represents an innovative practice of deep integration between finance and technology, with significant financial and strategic implications [2] - The Nanjing branch of Industrial Bank aims to provide comprehensive financial services to technology innovation enterprises, effectively stimulating market vitality and enhancing the development momentum for these companies [2]

■债市"科技板"扬帆 ◎记者 常佩琦 随着首批科技创新债券火速上线，债市"科技板"正式扬帆启航，由此开启我国科技金融新征程。 短期而言，科技创新债券既为优质科技主体点亮"聚光灯"，也为债市资金流向科技领域启动"直通车"； 长期来看，债市"科技板"为科技型企业登陆资本市场提供了一项新选择，将进一步激发多元化金融资本 对科技企业的价值发现和资源配置。 首批科技创新债券上线 债市"科技板"从政策推出到正式落地，用时仅短短两个月。 3月5日，《关于做好金融"五篇大文章"的指导意见》发布，其中提出"发展科技创新债券""完善科技创 新债券发行管理机制"；3月6日，中国人民银行行长潘功胜透露，中国人民银行将会同中国证监会、科 技部等部门，创新推出债券市场的"科技板"；5月7日，中国人民银行、中国证监会联合发布关于支持发 行科技创新债券有关事宜的公告；7日傍晚，中国银行间市场交易商协会发布《关于推出科技创新债券 构建债市"科技板"的通知》，明确债券市场"科技板"落地。 5月9日，交易商协会副秘书长包香明在科技创新债券上线暨集中路演活动上介绍，已有首批36家企业公 告发行科技创新债券，发行规模合计210亿元，包括京东方、科大讯 ...

Core Insights - Tianjin Rural Commercial Bank reported total assets of 455.3 billion yuan, a year-on-year growth of 6.20% as of the end of 2024 [1] - The bank's net profit reached 2.946 billion yuan, with a growth rate of 5.98% [1] - The non-performing loan ratio improved to 1.5%, indicating enhanced asset quality [4] Financial Performance - Total liabilities amounted to 417.5 billion yuan, growing at 5.89% [1] - Operating income was 9.361 billion yuan, reflecting a growth of 3.34% [1] - The bank's net interest income accounted for 73.73% of total income, while non-interest income made up 26.27%, showing an improvement in income structure [5] Business Strategy - The bank adheres to a "six-pronged" operational philosophy focusing on differentiated operations, specialized services, and digital empowerment [1] - It aims to optimize its business structure by concentrating on inclusive finance, elderly finance, and green finance [2] Sector-Specific Initiatives - In technology finance, the bank established specialized branches and increased loans to tech enterprises by 24%, reaching 19.887 billion yuan [2] - Green loans surged by 57% to 19.212 billion yuan, significantly outpacing overall loan growth [2] - Inclusive finance initiatives led to a 9.11% increase in loans to small and micro enterprises, totaling 37.857 billion yuan [2] Risk Management and Compliance - The bank's non-performing asset ratio decreased to 1.79%, and the provision coverage ratio improved to 200.31% [4] - Core Tier 1 capital adequacy ratio stood at 11.74%, exceeding regulatory requirements by 4.24 percentage points [4] Future Outlook - The bank plans to focus on optimizing asset structure, enhancing retail capacity, and improving digital financial capabilities in 2025 [5]

【导读】银行券商等积极响应科创债新政，科创企业迎金融"活水" 中国基金报记者 忆山 5月9日， 工行、建行、中行、邮储银行、 国开行等多家银行相继发布公告，透露其 发行或承销科技创新债券的最新落地情况。 据记者不完全统计，自科创债新政发布以来，银行、券商、股权投资机构等积极响应，目前拟发行的科技创新债券合计规模 已超900亿元，发行市场行情 持续火热的同时，科创企业也将迎来精准"滴灌"，缓解融资难题。 国开行：成功发行首批3只科技创新债券，合计200亿元 5月9日，国开行发布消息称，在央行指导下，国开行在银行间债券市场三家金融基础设施机构成功 发行首批3只科技创新债券，合计200亿元。本次发行 按照央行相关制度要求，严格筛选科技贷款项目，募集资金将用于支持国家技术创新示范企业、制造业单项冠军企业等科技型企业，以及高技术制造业、 战略性新兴产业、知识产权（专利）密集型产业等。 其中，在中央国债登记结算有限责任公司招标发行2年期DR浮息债60亿元，在上海清算所招标发行3年期固息债100亿元，在中国外汇交易中心面向投资人 创新直接发行182天贴现债40亿元，发行利率分别为1.47%、1.35%、1.17%，认购倍数 ...

5月9日，市政府召开第147次常务会议，学习贯彻习近平总书记近期重要讲话、重要指 示批示精神，研究推动科技金融高质量发展、建设全国科技金融中心行动方案，部署2025世 界数字教育大会筹备保障、公共数据资源管理和授权运营等工作。 编辑：赖俊 会议强调，要认真学习贯彻4月25日中共中央政治局会议精神，把思想和行动统一到党 中央决策部署上来，锚定目标任务，用足用好一揽子增量政策，统筹稳存量、扩增量、抓变 量，多措并举稳住经济基本盘，加快培育发展新质生产力，奋力打好二季度经济发展攻坚 战。要深入学习贯彻习近平总书记对辽宁辽阳市白塔区一饭店火灾事故、贵州毕节市黔西市 游船倾覆事故作出的重要指示精神，进一步落细落实安全责任，紧盯消防、交通、旅游、建 筑施工等重点领域和薄弱环节，全力消除风险隐患，坚决防范遏制重特大事故发生。 会议要求，要坚决落实党中央决策部署和省委省政府、市委部署要求，强化责任担当， 抬升工作标杆，加强统筹协调，全力以赴、精益求精做好2025世界数字教育大会筹备保障工 作，牢牢把握安全保障、会务组织、市容环境治理、电力通讯保障、氛围营造等重点任务， 抓紧完善方案预案，不折不扣抓好落地落实，着力展示文明优美 ...

Group 1 - The meeting between Liaoning Province and central financial institutions aims to deepen cooperation and promote comprehensive revitalization in Northeast China, emphasizing the importance of financial development for economic growth [1][2] - The government work report highlights strategies for regional development, including the revitalization of Northeast China, which requires high-quality financial support [1][2] - Financial institutions are encouraged to enhance their role in supporting the real economy, reducing financing costs for enterprises, and improving the overall financial service environment [2][3] Group 2 - There is a need for strengthened collaboration among government, banks, and enterprises to prevent financial issues such as debt defaults, which have previously impacted local financial ecosystems [2] - Financial institutions should focus on developing technology-driven financial products and services to support key industries in Northeast China, particularly in areas like small and medium-sized enterprises and agriculture [2][3] - The capital market is seen as a vital tool for empowering the development of advanced manufacturing and other advantageous industries in Northeast China, with reforms aimed at increasing long-term capital investment [3]

Core Insights - Beijing Lize Financial Business District is rapidly transforming into a significant player in China's financial landscape, with 1,283 enterprises, 13 "billion-yuan buildings," and over 50 innovative cases and financial products, contributing more than 8 billion yuan in annual tax revenue [1][6]. Group 1: Infrastructure and Development - The core area of Lize Financial Business District covers 2.81 square kilometers, with a planned total construction area of 6.5 million square meters, of which 3.32 million square meters have been sold and 3.14 million square meters have been implemented [1]. - The occupancy rate of the district has reached 86% following the completion of 37 buildings, which have released 2.19 million square meters of industrial space [1][6]. Group 2: Strategic Location and Policy Support - The district's attractiveness is driven by its prime location between the second and third ring roads, supported by a robust transportation network including subway lines, enabling a "half-hour financial circle" [3]. - The local government has implemented reforms to enhance service efficiency, transitioning from a traditional management role to a supportive service role for enterprises, exemplified by rapid problem-solving initiatives [3][4]. Group 3: Financial and Technological Integration - Lize Financial Business District serves as a national-level financial technology innovation demonstration zone, hosting numerous high-profile financial events and forums, thereby enhancing its reputation [6]. - The district has attracted over 1,283 enterprises, with more than 80% in finance, technology, and business services, and has seen the establishment of 13 financial headquarters and subsidiaries [6]. Group 4: Future Development Plans - Future initiatives include the construction of an international legal and business integration demonstration zone, and the development of projects like the Northern International Financial City and Southern Digital Financial Technology Demonstration Park [7]. - The district aims to foster a "financial + technology + industry" ecosystem, focusing on sectors such as commercial aerospace and low-altitude technology, to create a virtuous cycle of innovation and growth [7].

5月9日，由中国银行间市场交易商协会（下称"交易商协会"）主办、北京金融资产交易所（下称"北金 所"）承办的科技创新债券上线暨集中路演活动在北京举办，标志着银行间债券市场正式上线科技创新 债券。 "通过债券市场'科技板'政策支持，我们进一步降低了融资成本，增加了耐心资本资金来源。"亦庄国投 相关负责人表示，科技创新债券为支持新一代信息技术、人工智能、生物医药、智能制造等战略性新兴 产业提供了稳定的资金保障。 银行间债券市场科技创新债券在5月7日由交易商协会发文宣布推出。据交易商协会日前披露，截至5月8 日，已有36家企业公告发行科技创新债券，发行规模合计210亿元；14家企业开展注册申报，注册规模 合计180亿元。 中国人民银行金融市场司副司长曹媛媛在致辞中指出，科技创新债券是连接资本市场与科技创新的重要 纽带。她在现场倡议，发行主体要用好、用足募集资金，投资主体对科技创新债券要树立长期价值投资 理念、共享科技红利，鼓励市场灵活设计债券条款，推动更多金融活水涌向创新高地。 "债券市场'科技板'的上线开启了科技金融发展的新篇章。"中国银行间市场交易商协会副秘书长包香明 在致辞中指出，5月7日，中国人民银行、中国 ...

华夏时报（www.chinatimes.net.cn）记者 卢梦雪 见习记者 张萌 北京报道 各地农信系统正加快科技金融的布局步伐。 近日，云南省联社大模型服务器项目公布了中标结果，中标总价超800万元，旨在满足云南省联社科技结算中心对 大模型服务器的需求。此前，云南省联社在阐述云南农信2025年工作重点时就曾强调，将充分利用DeepSeek等人 工智能技术来推动高质量发展。 记者观察到，今年以来，各地农信系统在省联社的推动下，正加速大模型技术的应用落地，积极探索金融服务的 智能化升级。 "农村金融机构单体算力需求低、技术投入能力弱，省联社集中采购服务器、统筹开发模型，可摊薄硬件与研发成 本，避免重复建设，实现技术资源的高效复用。"5月8日，北京市社会科学院副研究员王鹏在接受《华夏时报》记 者采访时表示。 各省加速人工智能大模型部署 近日，云南省联社大模型服务器项目完成中标结果公示。中标总价为813.852万元，据招标公告显示，本次采购是 为满足云南省联社科技结算中心大模型服务器项目需求。 记者从某科技企业后端工程师处了解到，大模型服务器是一种高性能计算设备，专为运行人工智能大模型而设 计。其核心功能是提供充 ...

Core Viewpoint - The establishment of Asset Investment Companies (AICs) by commercial banks, including state-owned and joint-stock banks, is a response to national policies aimed at enhancing support for technology-driven and private enterprises, thereby injecting significant capital into the equity investment market focused on technological innovation and strategic emerging industries [1][3]. Group 1: Establishment of AICs - On May 8, China Merchants Bank announced plans to invest 15 billion yuan to establish an AIC, which will become a wholly-owned subsidiary [2]. - Citic Bank also announced on the same day its intention to invest 10 billion yuan to set up a wholly-owned subsidiary, with minimal impact on its liquidity indicators [2]. - Industrial Bank received approval to establish its AIC, with a registered capital of 10 billion yuan, and is expected to complete the setup within six months [2][3]. Group 2: Reasons for Establishing AICs - The establishment of AICs is aimed at better serving the development of new productive forces, professionalizing debt-to-equity operations, and reducing corporate leverage while increasing support for technology and private enterprises [3]. - The banks emphasize that setting up AICs aligns with their business development needs and enhances their ability to serve the real economy [3]. Group 3: Regulatory Changes and Investment Capacity - Recent regulatory changes have increased the proportion of AICs' funds that can be used for equity investments from 4% to 10% of total assets, and the limit for single private equity fund investments from 20% to 30% [5][6]. - The total assets of major state-owned bank AICs range from hundreds of millions to over a billion yuan, allowing for significant equity investments while still requiring external fundraising for the remaining capital [6]. Group 4: Collaboration and Market Dynamics - The expansion of the equity investment pilot program has led to increased collaboration among government, industry, and finance, creating a synergistic effect and diversifying investment risks [7]. - AICs are leveraging their extensive branch networks to identify investment opportunities, although there are concerns about potentially missing out on promising projects due to traditional banking evaluation methods [7].