Core Viewpoint - The article discusses the challenges faced by small and micro technology enterprises in securing financing due to rising raw material costs and insufficient collateral, and highlights innovative solutions being implemented in Shandong Province to address these issues through a new financing coordination mechanism [1][2][3]. Group 1: Financing Challenges - Small and micro technology enterprises like Weifang Tianxin are struggling with increased operating costs and tight cash flow due to rising raw material prices [1]. - These enterprises often lack sufficient collateral for traditional loans, making it difficult to secure financing [1][2]. Group 2: Innovative Financing Solutions - The establishment of the "Small and Micro Enterprise Financing Coordination Mechanism" aims to assist enterprises with financing needs that do not currently meet loan conditions through a "joint consultation" approach [2][3]. - Over 1,300 joint consultations have been conducted in Shandong, helping to resolve financing issues for more than 4,400 enterprises [2]. Group 3: Innovation Points - The introduction of the "Innovation Points" system allows technology enterprises to convert their technological achievements into creditworthiness, enabling them to secure loans without traditional collateral [3][4]. - Weifang Tianxin received a loan of 9 million yuan at an interest rate of 3.41% based on its innovation points, demonstrating the effectiveness of this new financing approach [3][5]. Group 4: Case Studies - The experience of Zibo Boxin Agricultural Technology Company illustrates how the financing coordination mechanism can help high-potential enterprises overcome collateral shortages through tailored financing solutions [7][8]. - The "Financial+" studio in Zouping City exemplifies the proactive approach of bringing financial services directly to enterprises, facilitating quick access to loans [9][10]. Group 5: Overall Impact - The financing coordination mechanism represents a significant shift in how financial resources are allocated to small and micro enterprises, enhancing their access to capital and supporting their growth [10][11].