专题：中国财富管理50人论坛2025年会 1月5日金融一线消息，中国财富管理50人论坛2025年会近日在京召开，本届年会的主题是"迈向'十五 五'建设金融强国"。在"金融赋能科技创新"圆桌论坛上，中国互联网投资基金董事长吴海表示，当前以 数字化、智能化为主要特征的新一轮科技革命和产业变革加速突破，技术演进呈现出长周期、非线性和 高度不确定性的特点。对于金融支持科技创新，应该始终坚持"补短板、锻长板、布前沿、优生态"。其 中，"补短板"主要是加大布局有断链断供风险的基础软硬件；"锻长板"重点是投资助力数字技术进一步 释放赋能增效作用；"布前沿"主要是围绕国家战略需要的前沿颠覆性技术进行持续投资；"优生态"关键 是构建生态圈，探索"政策引导+资源对接+生态共建"的赋能新模式，为所投企业导入更多更好的创新 资源。 责任编辑：王进和 1月5日金融一线消息，中国财富管理50人论坛2025年会近日在京召开，本届年会的主题是"迈向'十五 五'建设金融强国"。在"金融赋能科技创新"圆桌论坛上，中国互联网投资基金董事长吴海表示，当前以 数字化、智能化为主要特征的新一轮科技革命和产业变革加速突破，技术演进呈现出长周期、非线性和 ...

一场跨机构、跨行业的协同服务就此展开。双方团队共同上门，深入调研企业财务状况、技术优势 和经营规划，最终量身定制了一套"风险保障+资金支持"的一体化解决方案。 据项目负责人介绍，该方案在保险端口为企业筑牢创新"防火墙"。中国人寿财险为企业提供了首批 次新材料综合保险，这相当于为企业核心技术和新产品的市场应用上了一道"安全锁"，有效转移了因潜 在质量缺陷或性能未达预期而引发的赔偿责任，极大地增强了企业开拓市场的底气。同时，凭借对政策 的熟悉，该公司积极协助企业成功申请了保费补贴，真正做到了"花小钱，办大事"，显著降低了企业的 风险管理成本。 从"单兵作战"到"协同出击"，一项"保险+信贷"的综合金融实践在赣鄱大地落地，为破解科技型企 业"融资难、风险高"的双重困境提供了新范式。 位于江西的某通讯企业，是国家级专精特新"小巨人"企业，深耕于高纯度无氧铜这一关键新材料的 研发与生产。据了解，该公司产品是高端电子、通信等领域不可或缺的基础材料，技术含金量高，市场 前景广阔。 然而，就是这样一家手握核心技术的"潜力股"，在成长中也遇到了科技型企业典型的"烦恼"。"在 拓展新材料保险业务过程中，我们敏锐地察觉到，这家通讯 ...

"构建支持全面创新体制机制，统筹推进教育科技人才体制机制一体改革，完善金融支持科技创新的政 策和机制，推动创新链产业链资金链人才链深度融合。" ——2024年10月18日，习近平总书记在安徽考察时指出 橘红色火环被"锁"进罐体，飞速旋转中，不断产生能量。 "引才""育才"并举，合肥3年来新增高层次人才3万余人，创新创业平台科大硅谷高精准对接校友超1.5 万人次；贯通产学研用，科研机构和企业互派人员挂职；匹配人才供需，合肥市省属本科高校与新兴产 业紧密关联专业约占七成…… 以投带引，金融"活水"滋养创新。 今年，安徽合肥科学岛的"人造太阳"——全超导托卡马克核聚变实验装置（EAST）实现1亿摄氏度1066 秒的高约束模等离子体运行。围绕EAST、聚变堆主机关键系统综合研究设施、紧凑型聚变能实验装置 等大科学装置，合肥布局建设能源研究院，百亿元级聚变能源产业集群加速形成。 2024年10月18日，习近平总书记在安徽考察时指出："构建支持全面创新体制机制，统筹推进教育科技 人才体制机制一体改革，完善金融支持科技创新的政策和机制，推动创新链产业链资金链人才链深度融 合。" 深入贯彻落实习近平总书记重要指示精神，合肥持 ...

12月18日金融一线消息，四川省人民政府办公厅印发《促进全社会加大研发投入工作方案》，其中提 出，加大金融支持科技创新力度。优化国有创新投资基金考核机制，政府引导基金和国资基金投资损失 容忍率最高60%，对于投资种子期企业或未来产业的基金可进一步提高到80%，单个企业（项目）最高 允许100%亏损。引导和支持股权投资机构加大对成果转化项目和科技型企业的投资力度，鼓励有条件 的市（州）按经济贡献给予一定比例的奖励。完善上市企业后备资源库，企业所在地要"一企一策"支持 企业开展股份制改造、债券融资、并购重组，推动更多企业上市融资。用好用足科技创新和技术改造再 贷款，推动创新积分制与专项担保计划联动，支持科技型中小企业获得银行贷款。推动实施"天府科创 保"，鼓励保险机构为科技型企业、高能级创新平台等开展核心技术攻关、科技成果转化等开发科技保 险产品。积极稳妥开展科技企业并购贷款试点、知识产权金融生态综合试点、金融资产投资公司股权改 革试点。 12月18日金融一线消息，四川省人民政府办公厅印发《促进全社会加大研发投入工作方案》，其中提 出，加大金融支持科技创新力度。优化国有创新投资基金考核机制，政府引导基金和国资基金 ...

Core Viewpoint - Suzhou Bank has achieved significant growth and transformation over 15 years, evolving from a local bank to a regional financial backbone, aligning its development with national strategies and contributing to the high-quality development of the economy [1][3]. Group 1: Financial Performance and Growth - As of Q3 2025, Suzhou Bank's total assets reached 776.04 billion, a 16-fold increase since its establishment, with deposits and loans growing 14.31 times and 15.59 times respectively [3]. - The bank ranked 237th in the 2025 Global Bank 1000 list, improving by 48 positions in three years and 735 positions since its inception [3]. - The bank's focus on specialized operations has led to nearly 20% of its loans directed towards manufacturing and inclusive small and micro enterprises, which is above the industry average [3]. Group 2: Strategic Development and Innovation - Suzhou Bank has undergone a strategic transformation since its establishment in 2010, focusing on the integration of financial services with local economic needs and the national strategy of the Yangtze River Delta [2][4]. - The bank has developed a comprehensive financial service model that includes subsidiaries and innovative financial products, enhancing its service capabilities and supporting regional economic development [3][5]. Group 3: Support for Innovation and Technology - The bank has launched initiatives to support technology innovation, including the "Accompanying Flight," "Soaring," and "Leading" plans, targeting emerging industries such as biomedicine and artificial intelligence [5][6]. - Suzhou Bank has served over 13,500 technology enterprises, with a credit scale exceeding 130 billion, indicating a strong commitment to supporting innovation [6]. Group 4: Community and Consumer Services - The bank emphasizes a people-centered approach, integrating financial services into daily life and enhancing community engagement through initiatives like the "Su Xin" brand [7][8]. - Suzhou Bank has developed specialized financial products for the elderly and has actively engaged in community services, including health seminars and support for new citizens [9]. Group 5: Consumer and Cultural Development - The bank is responding to national policies aimed at boosting consumption by creating platforms for consumer engagement and supporting cultural events [10][11]. - Suzhou Bank has introduced digital financial products to streamline services for residents, enhancing access to financing for various needs [10][11].

资金流信息平台有效打破了银行与企业间的"信息孤岛"，一方面帮助银行全面掌握企业真实经营状况， 降低信贷风险识别成本，让银行"敢贷、愿贷"；另一方面通过数据增信，让科创企业的技术价值、经营 稳定性转化为信贷支持，实现"信用可量化、融资可获得"，为金融支持科技创新提供了数据支撑。 在获得企业授权后，兴业银行济南分行通过资金流信息平台调取企业多维数据，突破传统授信局限：一 是整合跨行资金流水，分析近12个月交易频次、回款周期等指标，判断企业经营稳定性；二是融合企业 纳税数据、社保缴纳记录，构建"经营能力+研发潜力+信用状况"三维授信模型，最终确定500万元信用 类科创贷款额度，无需企业提供任何抵押物。 日照某汽车配件科技有限公司拥有14项实用新型专利，带动本地50余名技术人员就业，是区域汽车产业 链"专精特新"培育企业。该企业融资面临三大痛点：一是"轻资产"特征显著，缺乏土地、厂房等传统抵 押物，难以满足传统信贷抵押要求；二是研发投入占比高（年研发费用占营收12%），短期盈利水平受 影响，传统财务指标评估难以体现企业核心价值；三是经营资金分散在3家银行，传统尽调仅能获取单 一银行流水，无法全面核实企业真实经营状况与 ...

Core Viewpoint - The establishment of Xingyin Financial Asset Investment Co., Ltd. marks the first financial asset investment company (AIC) initiated by a joint-stock bank in China, aiming to support the optimization of capital structures and reduction of leverage for technology and private enterprises [1][2]. Group 1: Company Establishment - Xingyin Financial Asset Investment Co., Ltd. was officially established in Fuzhou with a registered capital of 10 billion yuan [1]. - This company will focus on market-oriented debt-to-equity swaps and related businesses to support innovation and private enterprises [1][4]. - The establishment signifies an expansion in the AIC market after eight years, breaking the previous monopoly held by the five major state-owned banks [1][2]. Group 2: Regulatory Background - The approval for the establishment of Xingyin Investment follows a notice from the National Financial Regulatory Administration in March, which supports qualified commercial banks in setting up AICs [2][3]. - The regulatory framework has been expanded to include 18 pilot cities, allowing for a broader range of banks to participate in AIC initiatives [2]. Group 3: Industry Implications - The entry of Xingyin Investment is expected to inject new momentum into financial support for technological innovation and the development of private enterprises [1][4]. - Other banks, including CITIC Bank, China Merchants Bank, and Postal Savings Bank, have also received approvals to establish their own AICs, indicating a growing trend in the industry [4][5]. - The expansion of AICs is anticipated to lower financing costs for technology enterprises and provide stable financial support for high-quality economic development and industrial upgrades in China [5].

Core Viewpoint - The current AI investment boom is seen as both a revolutionary opportunity and a potential bubble, but it is unlikely to diminish due to its critical role in addressing major challenges like climate change and aging populations, as well as its importance in national competitiveness [2]. Group 1: AI Investment Insights - The AI investment wave is characterized by a strong expectation for future productivity, leading companies to avoid the risk of falling behind [2]. - AI is described as "creative destruction," necessitating a balance between its creative and destructive aspects through institutional frameworks [2]. - There is a call for the establishment of an inclusive social security system powered by AI to create new jobs and improve employment quality, thereby reducing income inequality [2]. Group 2: Financial Support for Innovation - The current financial support system for technology innovation should transition from debt-based to equity-based, enhancing the role of capital markets in supporting innovation [3][4]. - There is a need to expand financial services for high-tech enterprises and specialized small and medium-sized enterprises, optimizing the linkage between loans and equity investments [3]. - Encouragement of venture capital development and maintaining a stable environment for IPOs and refinancing are essential for fostering innovation [4][5]. Group 3: Macroeconomic Trends and Policy Recommendations - China's GDP growth for the first three quarters of the year was 5.2%, with expectations for a slight decrease in the fourth quarter due to high base effects, but an overall target of around 5% growth for the year remains achievable [6][7]. - Recommendations include increasing the budget deficit rate to 4.5% and enhancing government spending to support economic stability and growth [7]. - A call for more proactive fiscal and monetary policies to ensure a supportive macroeconomic environment as the country enters the new five-year plan period [7].

Group 1: AI Investment Insights - The current AI investment boom is seen as unstoppable, regardless of whether it leads to revolutionary advancements or bubbles [3] - AI is viewed as a key technological solution to major challenges such as climate change and aging population, and is crucial for national competitive advantage [3] - The development of AI in China benefits from a vast market and diverse application scenarios, which should align with domestic needs [3] Group 2: Financial Support for Innovation - There are three main shortcomings in China's technological innovation: insufficient original innovation capability, reliance on foreign core technologies, and a lack of leading talent [5] - A shift from debt-based to equity-based financial support for technology innovation is recommended to enhance the capital market's role [5][6] - Encouraging venture capital, maintaining a stable IPO and refinancing environment, and enhancing the support for technology innovation bonds are essential for fostering a robust innovation ecosystem [6][7] Group 3: Macroeconomic Trends - China's GDP growth for the first three quarters of the year was 5.2%, with expectations for a slight decrease in the fourth quarter due to high base effects [9] - The goal for GDP growth in 2026 is set at around 5%, aiming to maintain stability and confidence in the economy [9] - Recommendations include increasing the budget deficit rate to 4.5% and implementing more proactive fiscal and monetary policies to support economic growth [9]

Core Viewpoint - The "Starry Navigation Plan" aims to create a premier communication platform for listed companies, private equity institutions, and professional investment organizations, focusing on technology and innovation trends to explore new development opportunities and investment blueprints [1][2]. Group 1: Event Overview - The "Starry Navigation Plan" semi-annual award ceremony will take place in Nantong, Jiangsu Province, featuring executives from listed companies, private fund managers, and representatives from various financial institutions [1][2]. - The event emphasizes the importance of private equity in connecting financial resources with technology innovation enterprises, aiming to empower the private equity industry for high-quality development [2][3]. Group 2: Evaluation and Awards - The plan employs a combined quantitative and qualitative evaluation system to assess the comprehensive strength of private fund managers, focusing on "products + investment advisory + investment" [2]. - Awards include the "Starry Professional Award," "Technology Innovation Leadership Award," and "Upholding Development Award," with the "Starry Professional Award" divided into five categories: long-only equity, index enhancement, relative value, CTA, and fixed income [2]. Group 3: Future Development - The "Starry Navigation Plan" aims to deepen its empowerment system by providing tailored support to private fund managers, establishing a dual empowerment mechanism between capital and industry, and creating an open collaborative ecosystem [3]. - Future activities will include customized roadshows, industry research, and expert resources to help institutions accurately grasp technology industry trends [3].