Core Insights - The 2025 EDGE AWARDS has officially launched, focusing on global innovation and value creation rather than just technological breakthroughs or business scale [1] - The evaluation criteria for innovation will expand to include supply chains, ecosystems, and value chains, emphasizing adaptability and value reconstruction [1] - The awards aim to recognize companies, products, and individuals that redefine industry boundaries and contribute to technological and industrial advancements [1] Award Categories - The awards will feature multiple categories, including Annual AI Innovation List, Annual Globalization Company List, Annual Listed Company Value List, and Annual Person List [5] - The Annual AI Innovation List will spotlight companies that drive AI technology application and innovation, enhancing business efficiency and industry integration [5] - The Annual Health Industry List will recognize companies that achieve significant advancements in medical technology and health service systems, contributing to public health and sustainable industry development [10] Specific Awards - The "Best AI Industry Company" will honor companies that make breakthroughs in AI technology development and lead industry standards [6] - The "Best Health Industry Company" will recognize firms excelling in technology R&D, product quality, and market expansion, contributing significantly to health and industry upgrades [11] - The "Best Globalization Pioneer" will be awarded to companies that achieve significant breakthroughs in overseas markets, enhancing China's international influence [24] Investment and Corporate Governance - The Annual Investment and Entrepreneurship List will highlight outstanding investors and institutions in fundraising, investment, management, and exit strategies [37] - The Annual Listed Company Value List will honor companies that excel in governance, investment value, and social responsibility, setting benchmarks for sustainable development [40] Creator Recognition - The Annual Creator List will focus on creators who produce high-quality content in text or video, driving industry discussions and knowledge sharing [46] - The "Most Influential Text Creator" and "Most Influential Video Creator" awards will recognize creators who demonstrate originality and industry insight [47][48] Notable Individuals - The Annual Person List will celebrate ten influential figures in technology who drive progress and reshape industry landscapes [49]

Core Viewpoint - Changyou Technology (301557.SZ) plans to invest in a partnership to establish a venture capital fund focusing on the humanoid robotics industry and new materials and energy sectors [1] Investment Details - The total committed capital from all partners amounts to RMB 22 million, with the company contributing RMB 5 million, representing a 22.73% stake in the fund [1] - The fund will be managed by Zhirong Private Fund Management (Nanjing) Co., Ltd [1] Investment Focus - The fund will primarily invest in upstream and downstream enterprises related to the humanoid robotics industry chain and new materials and energy, aligning with national industrial policies [1] - Idle funds of the partnership may be used for purchasing government bonds and other legally compliant bank or securities financial products [1]

Core Insights - Technological innovation is the primary driver of high-quality economic development, with technology finance becoming a strategic initiative for building a strong financial nation [1] - The issuance scale of technology innovation bonds has exceeded 760 billion yuan, attracting significant interest from banks and securities firms [1][4] Group 1: Technology Finance Initiatives - Bohai Bank has positioned technology finance as the primary engine for serving national strategies, offering specialized comprehensive financial service plans to meet the funding needs of business expansion and R&D investment [1] - The introduction of the "technology board" in the bond market has opened new avenues for guiding financial resources to support technological innovation [3] Group 2: Technology Innovation Bonds - Technology innovation bonds are designed as "special credit quotas for technology companies," ensuring that financial resources are precisely allocated to support innovation [3] - Since the launch of the technology board, regulatory bodies have implemented new policies to optimize the issuance management process, simplifying disclosure requirements and reducing costs for banks [3] Group 3: Recent Developments and Achievements - Bohai Bank successfully led the issuance of an 8-year technology innovation bond for Tianjin Venture Capital Co., with a coupon rate of 2.85%, which aligns with the full lifecycle of the fund [4] - As of July this year, Bohai Bank's cumulative investment scale in technology innovation bonds reached 23.536 billion yuan, covering 213 issuing entities [4] Group 4: Index Development and Future Plans - Bohai Bank has collaborated with the China Bond Financial Valuation Center to create a series of indices, including the first locally named technology innovation bond index in Tianjin [5] - The bank aims to deepen its technology financial service capabilities and expand the scale of the "technology board" in the bond market, enhancing direct financing channels for fostering new productive forces [5]

证券日报网讯富维股份（600742）11月17日在互动平台回答投资者提问时表示，截至目前，公司暂未对 科技型公司进行直接股权投资。2025年，公司参与出资设立吉林旗挚汽车产业链创业投资基金，公司作 为基金有限合伙人计划出资1亿元人民币，目前已经实缴5000万元人民币。该基金拟主要投向新能源汽 车及相关延伸产业，依托基金管理人的专业团队优势、项目资源优势和平台优势，积极寻找具有良好发 展前景的项目，也有利于公司分享潜在的投资回报，并能有效降低公司的投资风险，为公司及股东创造 合理的投资回报。 ...

为积极响应并落实国家支持投资机构发行债券助力科技创新的政策，11月11日，华通集团所属青岛华通创 业投资有限责任公司（以下简称"华通创投"）把握时机、稳健推进，成功发行3亿元科技创新公司债券， 期限为3+2年，票面利率为2.30%。 本次债券发行募集资金将围绕华通集团整体战略规划，重点投向新一代信息技术、人工智能等战略新兴产 业，强化产业协同，为华通集团实现"十五五"高质量发展目标贡献力量。 来源：华通集团 作为华通创投在债券市场的首次亮相，本次科创债发行充分反映出资本市场对华通创投经营能力、风控体 系和发展前景的广泛认可，彰显了公司在创业投资与科技创新领域的战略定位，有力提升了公司在资本市 场中的品牌形象与行业影响力，也进一步优化了公司资产负债结构，开拓了中长期资金来源，为长期稳健 发展夯实基础。 ...

● 本报记者王雪青 "十五五"规划建议提出，加快高水平科技自立自强，引领发展新质生产力；培育壮大新兴产业和未来产 业；发展创业投资，建立未来产业投入增长和风险分担机制；加快建设金融强国；积极发展股权、债券 等直接融资。 让资本成为创新的底座，让耐心成为中国创新的底气。展望"十五五"，创投行业将迎来从"逐利资 本"到"战略资本"、从"项目投资"到"产业组织"的深刻转型，PE/VC将真正成为创新的"倍增器"和科技自 立自强的"底座"。 PE/VC作为链接资本与创新的关键节点，"十五五"规划建议对行业提出了更高层次的要求。PE/VC不仅 要继续发挥价值发现、支持创新的市场功能，更要成为推动科技自立自强、促进产业升级的战略性力 量。 使命升级：培育者、推动者、建设者 "十五五"规划承上启下，面对复杂国际环境与科技竞争新态势，PE/VC被赋予更高层次的战略使命。如 何理解"十五五"规划建议对PE/VC的战略要求？在推动科技自立自强、发展新质生产力等方面，PE/VC 将承担怎样的新使命？ 首先，PE/VC要成为新质生产力的培育者。国寿股权公司有关负责人表示，在新征程中，PE/VC要成为 硬科技攻坚的先行者与陪跑者，勇于投 ...

● 本报记者 王雪青 "十五五"规划建议提出，加快高水平科技自立自强，引领发展新质生产力；培育壮大新兴产业和未来产 业；发展创业投资，建立未来产业投入增长和风险分担机制；加快建设金融强国；积极发展股权、债券 等直接融资。 让资本成为创新的底座，让耐心成为中国创新的底气。展望"十五五"，创投行业将迎来从"逐利资 本"到"战略资本"、从"项目投资"到"产业组织"的深刻转型，PE/VC将真正成为创新的"倍增器"和科技自 立自强的"底座"。 PE/VC作为链接资本与创新的关键节点，"十五五"规划建议对行业提出了更高层次的要求。PE/VC不仅 要继续发挥价值发现、支持创新的市场功能，更要成为推动科技自立自强、促进产业升级的战略性力 量。 使命升级：培育者、推动者、建设者 "十五五"规划承上启下，面对复杂国际环境与科技竞争新态势，PE/VC被赋予更高层次的战略使命。如 何理解"十五五"规划建议对PE/VC的战略要求？在推动科技自立自强、发展新质生产力等方面，PE/VC 将承担怎样的新使命？ "十五五"规划建议在"前瞻布局未来产业"段落明确提出，发展创业投资，建立未来产业投入增长和风险 分担机制。（下转A02版） （上接A ...

Core Viewpoint - The forum emphasizes the need for China to shift from a follower to a leader in technology innovation, focusing on breakthroughs in core technologies and original innovations to enhance its competitive edge in the global landscape [6][8]. Group 1: Technology Innovation - Technology innovation is identified as the core element of new productive forces, which is crucial for developing new industries, models, and driving new momentum [6][8]. - The current technological revolution, particularly in artificial intelligence, is reshaping global competitiveness and industrial structures [6][7]. - China has made significant progress in technology innovation, leading in international journal publications and patent applications, but still faces challenges in original innovation capabilities [7][9]. Group 2: Financial Services for Innovation - Different stages of the technology innovation process require tailored financial services, from seed funding to growth and maturity phases [4][12]. - The development of intellectual property pledge financing is recommended to better assess the market value of intellectual property, facilitating loans [4][14]. - The importance of venture capital and private equity in supporting innovation is highlighted, with a call for the establishment of market-oriented merger funds to address exit strategies for investors [4][15]. Group 3: Integration of Technology and Finance - The interaction between technology, industry, and finance is essential for fostering a virtuous cycle that supports innovation [11][12]. - Financial institutions are encouraged to adopt innovative models, such as risk-sharing mechanisms and dynamic credit assessment using AI and machine learning [5][16]. - The establishment of a technology board in the bond market is suggested to enhance the adaptability of the bond market to support technology innovation [14]. Group 4: Policy Recommendations - The need for a strategic focus on original innovation and key core technology breakthroughs is emphasized, with suggestions for systemic support in basic research and application [10][11]. - The forum advocates for a shift from traditional banking models to equity-based financing to better support technology innovation [12][13]. - Strengthening the role of banks in supporting high-tech enterprises through specialized financial services is recommended [13][14].

Core Viewpoint - Hangzhou Oxygen Plant Co., Ltd. (002430.SZ) announced its plan to invest as a limited partner in a new venture capital partnership with several other entities, indicating a strategic move to enhance its investment portfolio and support innovation in the region [1] Investment Details - The total committed capital for the newly established Hangzhou Guoling Yuanqi Venture Capital Partnership (Limited Partnership) is set at RMB 1 billion [1] - The company will contribute RMB 200 million, representing 20% of the total committed capital for the fund [1]

圆 桌论坛一：向新而行拥抱市场驭金融活水润泽产业能级跃迁 主持人：各位来宾、各位朋友、女士们、先生们下午好！欢迎大家继续回到会议现场，我们将在这里举 行下午的流程。今天下午将在这里有两场圆桌对话要奉献给大家，我们将会进入今天下午第一场圆桌对 话的时间，本场圆桌议题是"向新而行拥抱市场驭金融活水润泽产业能级跃迁"，我们要请出参与圆桌的 嘉宾，他们是： 主持人：刘功润中欧陆家嘴国际金融研究院副院长 参会嘉宾： 席春迎香港中小上市公司协会主席 崔雷中德证券执行董事、产业研究部总经理 余红征君泽君（上海）律所合伙人 徐洁海尔创投执行董事兼总经理 蔡文彬大同证券总经理 陈祥义高粱资本董事长 崔胜朝山证国际投行业务负责人 刘功润：尊敬的各位来宾、各位企业家朋友大家下午好！非常荣幸又来到了太原，我直观的感受一下就 是由衷为我们山西产业圈包括资本圈的朋友们点赞，这个平台除了是每年一度的朋友聚会，关键是我们 大家思想交流，尤其思想交流之后我们希望能够达到的共同行动这种倡议，我们投资人，我们的产业圈 包括我们做研究的人，能够把大家的行动，整合在一起，找到好的突破路径。当然我看到我们的峰会每 年一度有一个关键词就是产业升级，围绕产 ...