Core Viewpoint - Ningbo is leveraging financial resources to support technological innovation and industrial upgrading, aiming to create a modern financial ecosystem that aligns with new productive forces, backed by various national financial reform pilot programs [1] Financing Challenges and Direct Financing Expansion - The financial system in Ningbo focuses on integrating financial resources with the real economy, particularly advanced manufacturing, to address financing challenges and enhance social financing scale [2] - Since 2025, Ningbo has added 8 new domestic and foreign listed companies, with direct financing reaching 281.28 billion yuan from January to November, including a significant REIT project [2][3] Capital Empowerment for Advanced Manufacturing - Over 80% of Ningbo's 152 listed companies are in manufacturing, positioning the capital market as a core engine for developing advanced manufacturing [3] - The "Phoenix Action" plan aims to cultivate a gradient of companies preparing for listing, with 128 new companies added to the nurturing pool in 2025, focusing on "hard technology" [3] Mechanism Innovation for Future Industries - Ningbo is establishing a multi-layered capital market and effective risk-sharing mechanisms to enhance financial services for high-risk, long-cycle future industries like AI and hydrogen energy [4] - A risk-sharing system has been created to address the challenges faced by "light asset, high R&D" tech companies, with significant support provided to small and micro enterprises [4] Encouraging Patient Capital - Ningbo is promoting early-stage investments in technology through special policies, attracting a large number of private equity funds, ranking 7th nationally in terms of registered private fund managers and fund management scale [5] - The establishment of a 10 billion yuan angel investment guidance fund is underway to strengthen financial support for future industries [6]

宁波市天使投资引导基金发布第四批天使子基金管理机构征集公告。 据介绍，要求子基金主要投资宁波市扶持和鼓励发展的战略性新兴产业、未来产业和重点发展的其 他产业。 引导基金出资比例原则上不超过天使子基金认缴出资总额的40%；与天使子基金管理机构非关联的 独立第三方社会资本合计出资比例，原则上不低于天使子基金认缴出资总额的15%。 天使子基金可投实缴金额中投资于在宁波市注册登记且实体化运作企业的金额，不得低于引导基金 对天使子基金实缴出资额。投资于在宁波市注册登记且实体化运作的天使期科技企业金额，应不低 于引导基金实缴出资额的60%比例。（天使期科技企业定义见《宁波市天使投资引导基金申报指南 及组建流程》）。 来源：宁波市科技局 对接需求请扫码 每日｜荐读 活动： 「2025中国产业资本峰会」圆满落幕，CVC成为投资行业枢纽！ 榜单： 「2025产业投资100强」正式发布 报告： 独角兽的"新双轮驱动"：《2025中国CVC影响力报告》发布 报告： 哪些LP在活跃出资？——《LP全景报告2024》发布 ...