Core Insights - Anhui Province has achieved significant financial development during the "14th Five-Year Plan" period, with a social financing scale maintaining an annual increment of over 1 trillion RMB since 2021, and both deposits and loans exceeding 9 trillion RMB [1][2] Financial Services to the Real Economy - Since the "14th Five-Year Plan," Anhui's social financing increment has surpassed 5 trillion RMB, a 57% increase compared to the "13th Five-Year Plan," with 2024 projected to reach 1.18 trillion RMB, ranking 6th nationally [2] - By the end of September, the province's RMB deposit balance was 9.77 trillion RMB, with an annual growth rate of 8.6%, while the loan balance reached 9.25 trillion RMB, growing at 13.1% annually, achieving the "14th Five-Year Plan" targets ahead of schedule [2] - Manufacturing loans reached 1.1 trillion RMB, 2.5 times that of the end of the "13th Five-Year Plan," with long-term loans at 700.3 billion RMB, 4.7 times higher [2] - Technology loans totaled 1.7 trillion RMB, ranking 7th nationally, with loans to tech enterprises increasing 5.6 times since the end of the "13th Five-Year Plan" [2] - Inclusive loans for small and micro enterprises reached 1.5 trillion RMB, 2.5 times higher than at the end of the "13th Five-Year Plan," while agricultural loans increased by 65.8% to 2.67 trillion RMB [2] A-share "Anhui Sector" Growth - The number of listed companies in Anhui has increased by 62 since the "14th Five-Year Plan," totaling 186 by the end of September, nearly a 50% increase from the end of the "13th Five-Year Plan" [3] - Over 70% of listed companies are high-tech enterprises, with 60% in emerging industries and 50% classified as "specialized, refined, distinctive, and innovative" [3] - Anhui has achieved direct financing of 3.4 trillion RMB during the "14th Five-Year Plan," a 30% increase from the previous period, with significant growth in bond issuance [3] Fund Ecosystem Development - Anhui has established a provincial emerging industry guidance fund with a total scale of 200 billion RMB and a state-owned capital fund of 100 billion RMB, creating a collaborative fund ecosystem [4] - The province has launched the first bank-affiliated insurance capital AIC equity investment fund in the country, with a total of 3 AIC funds established, amounting to 2.1 billion RMB [4] Technology Finance Characteristics - Anhui has developed a unique technology finance model, creating a closed-loop ecosystem of "technology-industry-finance" [5] - The province has set up a technology achievement transformation guidance fund with 18 sub-funds, investing in 151 projects, and has introduced various innovative credit products to support technology transfer [6] - By the end of October, 139 technology enterprises were listed in Anhui, accounting for 75% of all listed companies, with a total market value of 2.16 trillion RMB, representing 80% of the total [6]