智通财经记者 | 梁宝欣 智通财经编辑 | 林腾 但随着IPO节奏趋于平稳、监管标准提升，资本市场对企业质量的要求不断强化。单纯依赖上市数量扩张的模式，其推动作用正在减弱。在估值波动加剧、 募投项目区域布局更加多元的背景下，城市之间围绕优质企业总部和产业资源的争夺更为激烈。单纯以"上市数量"为核心指标，已难以支撑长期产业升级目 标。 从这个角度看，"鲲鹏计划"2.0的推出，更像是一种主动调整。 相比1.0追求上市数量增长，2.0强调"资本赋能企业全生命周期"，并通过"1133"体系将上市服务嵌入更完整的产业生态之中。 中国城市专家网研究院院长宋丁在接受智通财经记者采访时表示，1.0阶段更强调政府主导的培育流程和政策支持，2.0更突出资本工具和市场机制的参与， 强调调动资本市场资源。政策重心也由"推动企业上市"转向"支持企业做强"，不再是简单增加上市数量，而是培育真正具备竞争力和持续发展能力的企业。 所谓"1133"，包括组建1个上市专班、设立1个上市服务基地、优化3项服务机制，以及实施三大支持计划。 2月26日，东莞召开新春第一会，主题为"资本赋能 服务强企"。会上东莞推出2.0版"鲲鹏计划"，并提出全面打造 ...

据介绍，"1133"服务体系即组建1个上市专班、设立1个"上市服务基地"、优化3项服务机制、实施三大 支持计划。在优化服务机制方面，东莞将完善闭环培育管理机制，着力发掘含"科"量高的后备企业；完 善"绿色通道"机制，着力解决企业上市急难愁盼问题；完善辅导服务对接机制，着力打通企业上市"最 后一公里"。同时，通过实施"空间保障"计划，让"好地等项目、落地即无忧"；实施"资本赋能"计划， 让"耐心资本陪跑、产业基金撑腰"；实施"结对共进"计划，让"上市企业传帮带、后备企业勇争先"。 会上举行战略合作签约仪式、基金签约仪式、项目签约仪式、上市企业和拟上市企业"结对共进"协议签 约仪式。深圳创新投资集团与东莞投控集团在会上进行战略合作签约，双方将深化在基金投资、项目投 资、项目招引、并购重组等领域的全方位合作。 2月26日，广东东莞召开新春第一会——"资本赋能服务强企"动员部署大会，会上推出2.0版"鲲鹏计 划"，59亿元基金落地、多个项目签约，五大维度惠企政策出台……一系列硬核举措，赋能制造业与服 务业融合发展，夯实东莞高质量发展根基。 东莞市委书记韦皓在会上指出，近年来，东莞纵深推进制造业与服务业协同发展，重点补 ...

Group 1 - The core viewpoint of the news is that Dongguan is focusing on enhancing the synergy between manufacturing and service industries through capital empowerment, as part of its strategy for high-quality development [1][2]. - The recent "Kuanpeng Plan" 2.0, with a total scale of 5.9 billion yuan, aims to inject capital into quality manufacturing enterprises to address financing challenges in technology upgrades and expansion [2]. - Dongguan recognizes its strong manufacturing base but acknowledges the relative lag in the development of its service sector, particularly in productive services, which hampers high-quality growth [1][2]. Group 2 - The Guangdong provincial government has introduced a financial support system to guide funds towards key links in the industrial chain, aiming to create world-class industrial clusters [2]. - The shift from providing simple subsidies to building a comprehensive service ecosystem reflects a deeper understanding of optimizing the business environment, focusing on predictable rules and efficient administrative services [4]. - The transformation emphasizes the importance of a supportive environment for innovation, where companies are not hindered by bureaucratic processes, financing difficulties, or talent shortages, thus maximizing their innovative potential [4][3].

2月26日，东莞市新春第一会——"资本赋能 服务强企"动员部署大会召开，作为东莞新春以来聚焦企业发展、激活资本动能的首场重磅会议，大会同步举行 多场签约仪式，发布多项务实举措，为全年制造业高质量发展定调蓄力。 会上发布的"鲲鹏计划"2.0版，提及设立1个"上市服务基地"，依托松山湖科技金融集聚区"四个高地"，将打造金融改革创新试验田和资源集聚平台，打造"上 市服务生态圈"。 现场大会图。 开局定调，东莞要靠资本、服务"起飞"了！ 东莞市中心。资料图 其中提出，将设立1个"上市服务基地"。依托松山湖科技金融集聚区"四个高地"（"科技金融政策创新高地""金融资源汇聚高地""金融产品创新高地""科技金 融服务高地"）定位，打造金融改革创新试验田和资源集聚平台，汇聚证券、基金、银行、保险、服务中介等各类机构，搭建企业融资常态化对接平台，打 造"上市服务生态圈"，为全市企业提供全方位、全链条的上市支持与服务。 松山湖科技金融集聚区于2025年3月正式启动，整合政策、资本与产业资源，致力于构建覆盖科技创新全生命周期的金融服务体系。东莞松山湖党工委委 员、管委会副主任李树峰介绍，将出台一系列政策，推动一大批机构落户，推动企 ...

21世纪经济报道记者吴文汐武汉报道 在地方财政和发展模式由"土地财政"向"资本赋能"深刻转型的浪潮中，武汉选择率先踏入政府投资基金 的改革深水区： 通过重塑财政资金的使用逻辑，注资打造武汉基金和江城基金两大政府基金品牌；瞄准科技创新 和"965"产业集群重点领域，构建开放包容、鼓励创新、规模适配的基金矩阵；更致力于塑造支撑长远 发展的耐心资本体系。一套完整的基金制度体系、一个层次分明的资本矩阵、一个日益活跃的创投生态 在武汉加速形成。 而在2026年开局，"打造具有全国影响力的风投创投中心"被首次写入武汉市政府工作报告。这一定位背 后，是武汉意图在全国创投生态中占据关键节点，通过资本的力量汇聚创新要素、牵引产业升级、激活 经济活力的深远谋划，并且将其从地方探索上升为了城市战略。 目标的升维背后，武汉究竟在下一盘怎样的"棋局"？ 重"投"戏：以制度创新破局 过去的数年里，武汉是政府投资基金领域改革步子迈得最大的城市之一。 早在2013年，武汉便敏锐地察觉到，单一的财政无偿补助模式已无法满足培育新兴产业的需求，于是， 一场"拨改投"的破冰行动启动，武汉市战略性新兴产业发展引导基金应运而生。 然而，在这一阶段，资金 ...

2月26日，东莞召开"资本赋能 服务强企"动员部署大会，聚力东莞制造业与服务业融合发展，加快推进 东莞产业结构优化升级，进一步夯实高质量发展根基。 为推动更多本土企业成功上市，会上东莞正式推出2.0版"鲲鹏计划"，全面打造"1133"服务体系，以更大 力度、更实举措、更优服务，进一步推动资本赋能、服务强企，以上市公司高质量发展引领带动，加 快"智创优品、和美宜居"现代化新东莞和"8+8+4"现代化产业体系建设。 2021年，东莞出台《东莞市推动企业上市发展三年行动鲲鹏计划》，系统构建了涵盖政策扶持、资源对 接、服务保障的"全周期"上市培育机制，在政策的推动下，东莞"资本市场"的成效日益凸显，上市公司 数量稳步增长、质量持续提升。此次推出2.0版"鲲鹏计划"，将全面加强企业上市全周期服务和资源支 持保障，全方位护航更多莞企成长、上市和进一步发展。 组建1个上市专班 "1133"服务体系的首个"1"即组建1个上市专班，2.0版"鲲鹏计划"将以更大力度统筹全市企业上市工作。 具体来看，上市专班由市领导牵头，组成部门包括金融部门、金融机构和产业部门，将形成更有力的协 同机制，进一步强化资本市场工作的组织领导，统筹推进 ...

■邢萌 2026年央视马年春晚，站在舞台中央的人形机器人既能大秀舞姿，又能舞枪弄棒，动作行云流水，一夜 之间刷屏全网。这一刻，春晚不再只是辞旧迎新的文化晚会，更成为见证中国科技进步的闪亮秀场。 回望历年春晚，这条科技演进的脉络清晰可见：从20世纪80年代的彩电、90年代的"大哥大"，到21世纪 初的网络直播，再到近两年的人形机器人——每一届春晚，都成为前沿科技成果的重要展示窗口。 其二，从"生活符号"到"新质生产力"的产业升级之变。 回望来路，彩电是消费升级的标志，"大哥大"是移动通信起步的见证，互联网则开启了信息时代的大 门。每一代登上春晚的科技产品，都是中国产业升级的历史注脚。 今天，人形机器人站上舞台中央，标志着中国制造正从自动化生产向智能化跃迁，向全球产业链价值链 中高端迈进。这不仅是技术的更迭，更是生产力的质变。作为新质生产力的鲜活样本，人形机器人的崛 起印证了中国科技创新已从跟跑向并跑乃至领跑转变。 其三，从"科技秀场"到"创新赛场"的价值逻辑之变。 当前，春晚已构建起一条完整的传导链条：技术亮相引爆市场关注，市场关注驱动资本加码，资本加码 加速产业迭代。这一闭环的运转，让舞台上的"科技秀"得以转 ...

Core Insights - The 2026 Zijinshan Venture Capital Conference in Nanjing emphasizes Jiangsu's significance as a fertile ground for venture capital, attracting over 500 representatives from various sectors to discuss new trends in capital empowerment for technological innovation [1][3]. Group 1: Conference Overview - The conference, themed "New Capital Hub, New Industrial Ecology," aims to explore the integration of capital and technology, reinforcing Jiangsu's financial support for technological development [1]. - High-profile participation from government and financial institutions highlights Nanjing's strategic position in the venture capital landscape, with a focus on creating a first-class venture capital ecosystem [3]. Group 2: Fund Development and Policy Support - The "Zijinshan International Sci-Tech Fund District" was launched to promote a high-level cycle of "technology-industry-finance," featuring a "1+2" functional layout to foster an international ecological zone [5]. - A series of policy incentives and services were announced to support the fund district, including transportation services and talent support, aimed at attracting venture capital institutions to Nanjing [5]. Group 3: Capital Mobilization - The conference saw the announcement and signing of funds totaling over 700 billion yuan, showcasing a strong "capital flow to Nanjing" effect, with a focus on long-term investment strategies [6][8]. - Notable funds include a market-oriented mother fund with a 20-year investment period, designed to support enterprises with long-term core competitiveness [6]. Group 4: Collaboration with Educational Institutions - The conference initiated a collaboration with 17 key universities to facilitate the transformation of scientific research into practical applications, enhancing the connection between capital and academic research [9]. - The establishment of various platforms aims to create a comprehensive service system for venture capital, including legal services and intellectual property protection [9]. Group 5: Future Outlook - The conference set the stage for Nanjing to become a leading venture capital hub, with ongoing efforts to deepen policy innovation and optimize service ecosystems to attract more venture capital institutions [11].

Core Insights - The total market capitalization of listed companies in Xiamen has surpassed 1 trillion yuan, reaching 10,154.3 billion yuan, indicating strong capital support for industrial development in the region [1][4]. Group 1: Market Capitalization and Growth - Xiamen Tungsten Co., Ltd. leads the market capitalization rankings with a total value of 945.72 billion yuan, followed by companies like Shengton Mining, Xiamen Tungsten New Energy, and Yilian Network, showcasing a diverse industrial landscape [3]. - The number of listed companies in Xiamen with a market capitalization exceeding 100 billion yuan has reached 31, an increase of 12 companies since the beginning of 2025 [1]. Group 2: Company Performance and Investor Returns - Qian Zhao Optoelectronics has emerged as the "growth pioneer" with a market capitalization increase of 285.91%, reaching 360.49 billion yuan [3]. - In 2025, 26 listed companies completed refinancing totaling 22.66 billion yuan, while 80 companies implemented cash dividends amounting to 15.66 billion yuan, reflecting a commitment to enhancing investor returns [6][7]. Group 3: Industry Development and Competitive Advantage - Xiamen's listed companies are increasingly recognized for their quality, with 26 companies classified as national "specialized and innovative" small giants and 16 recognized as champions in specific manufacturing sectors [9]. - The establishment of a robust pipeline of potential listed companies has expanded to 597, with ongoing support for new listings, contributing to the sustained growth of the Xiamen market [10].

Group 1 - The event held on January 16, 2026, in Hubei Province focused on connecting key listed reserve enterprises with investment opportunities, gathering around 100 representatives from investment institutions, enterprises, government, and media [1] - Hubei is in a golden development period characterized by strategic overlaps, policy empowerment, and clear advantages in transportation, education, and industrial systems, providing a fertile ground for enterprise growth and capital layout [3] - The provincial government is committed to optimizing the policy environment for enterprise listings through initiatives like the "Yellow Crane Soaring" action plan, which aims to support enterprises throughout their lifecycle in accessing capital markets [3] Group 2 - A specialized session on "Paths to Enterprise Listing" was conducted by a senior manager from CICC, providing insights into key processes, policy trends, and practical strategies for domestic and international listings for technology enterprises [5] - Nine high-quality enterprises from cutting-edge fields such as optoelectronics, semiconductors, and biomedicine participated in a project roadshow, engaging in in-depth discussions with investment representatives about their technological advantages and market prospects [7] - The event attracted over 40 leading venture capital institutions and more than 70 representatives from industrial capital and financial institutions, creating a significant platform for Hubei's hard technology enterprises to showcase themselves and for national capital to engage with Hubei's industrial innovation [10] Group 3 - The event concluded successfully with participants agreeing that it was a practical and efficient meeting, exemplifying the dynamic interaction between capital and industry, which will further accelerate the growth of Hubei's listed reserve enterprises [11] - The Hubei Enterprise Listing Development Promotion Association plans to continue facilitating investment and financing connections and listing training services, aiming to empower Hubei enterprises to embrace capital markets and inject strong financial momentum into high-quality development [11]