谢谢这位记者朋友对科技金融工作的关心。科技离不开金融的大力支持。做好科技金融这篇大文章是党 的二十届三中全会部署的重大改革任务，要完成这项任务，既是金融部门的事，也是科技部门的 事。"十四五"期间，我们和金融管理部门、金融机构密切合作，会同中国人民银行等七部委联合印发了 《加快构建科技金融体制 有力支撑高水平科技自立自强的若干政策举措》，形成了科技金融高质量发 展的一套政策"组合拳"，推动科技金融工作实现了"破题"。围绕这些政策的实施和落地，我们主要开展 了以下几个方面的工作： 扫码文末"投小圈" 加入行业交流群 文章来源：国新网 9月18日，国务院新闻办公室举行"高质量完成'十四五'规划"系列主题新闻发布会，介绍"十四五"时期科 技创新发展成就，并答记者问。 一是引导创业投资"投早、投小、投长期、投硬科技"。加快组建国家创业投资引导基金，预计将带动地 方资金、社会资本近1万亿元。加速布局了一批金融资产投资公司（AIC）基金，签约金额突破3800亿 元。联合社保基金会、大型银行和地方政府，推动设立科技产业融合基金、科创协同母基金、创投二级 市场基金等，规模将超3500亿元，为创业投资"引流""疏堵"。 答记者 ...

Core Viewpoint - The Chinese government is emphasizing the importance of financial support for technological innovation during the "14th Five-Year Plan" period, highlighting a collaborative approach between the Ministry of Science and Technology and financial institutions to foster high-quality development in technology finance [1][2]. Group 1: Policy Initiatives - The government is guiding venture capital to invest early, in smaller amounts, for the long term, and specifically in hard technology [2]. - As of June, the loan balance for technology-based small and medium-sized enterprises reached 3.46 trillion yuan, a year-on-year increase of 22.9%, which is 16% higher than the growth rate of other types of loans [2]. - The capital market's ability to support technological innovation is being enhanced through mechanisms like the "green channel" for key technology enterprises to facilitate financing, mergers, and bond issuance [2]. Group 2: Implementation and Future Plans - A nationwide coordinated approach to promote technology finance has been established, with a cross-departmental mechanism to enhance collaboration [2]. - The Ministry of Science and Technology is implementing innovative policies to encourage local governments and financial institutions to engage in distinctive innovation practices [3]. - Future efforts will focus on solidifying policy implementation to provide robust financial support for achieving high-level technological self-reliance [3].

Group 1 - The establishment of Hubei Changyi Gongying Venture Capital Fund Partnership (Limited Partnership) with a capital contribution of 150 million yuan [1] - The business scope includes venture capital (limited to investing in unlisted companies) and activities such as private equity fund investment, investment management, and asset management [1] - The enterprise is co-funded by Changying Tong (688143) and others [1]

由中国基金报主办的第二届中国私募股权创投英华示范案例评选结果揭晓。凭借过硬的综合实力、良好的业绩表 现，一众私募机构等获评。 榜单如下： 〔综合实力50强示范机构〕 | CPE漫峰 | | --- | | IDG资本 | | 晨壹基金 | | 创东方投资 | | 春华资本 | | 达晨财智 | | 鼎晖投资 | | 东方富海 | | 孚腾资本 | | 复星创富 | | 高领创投/高瓴投资 | | 广发信德 | | 国方创新 | | 国家电投产业基金 | | --- | | 国科嘉和 | | 国联通宝 | | 国投创台 | | 海尔资本 | | 合肥产投集团 | | 弘毅投资 | | 红杉中国 | | 洪泰基金 | | 华润资本 | | 基石资本 | | 纪源资本 | | 交银国际 | | 经纬创投 | | 君联资本 | | 朗玛峰创投 | 嘉御资本 临芯投资 | 联想创投 | | --- | | 浦东科创集团/海望资本 | | 启明创投 | | 前海方舟 | | 深创投集团 | | 盛世投资 | | 松禾资本 | | 同创伟业 | | 锡创投 | | 兴业国信资管 | | 兴证资本 | | 毅达资本 | | ...

日前，温州市科技创新创业投资基金2025年度第二批拟参股子基金申报指南的公告公布：为引导社会资本加大对温州市战略性新兴产业、高新技术 产业等产业领域的投资，助推种子期、初创期、成长期科技企业快速成长，根据《温州市科技创新创业投资基金管理办法》（温科发〔2025〕9号） （下称《市科创基金管理办法》）要求，现发布温州市科技创新创业投资基金（下称市科创基金）2025年度拟参股子基金申报指南，具体事项通知 如下： 一、申请条件 发起设立、管理子基金的子基金管理机构应当符合以下条件： （一）管理资质：子基金管理机构实缴资本不低于 1000 万元人民币，且必须在中国证券投资基金业协会登记。子基金管理机构应认缴不低于子基金 总规模 1%的出资额，若子基金管理机构关联方在子基金中有出资的，可降低至 0.5%，但合计不低于1%。 （二）管理团队：配备稳定的管理团队，至少有 3 名具备 3年以上股权投资或股权投资基金管理工作经验的高级管理人员，管理团队主要成员无受过 行政主管机关或司法机关处罚的不良记录。 （三）投资能力：管理机构在中国证券投资基金业协会备案的创业投资基金规模及私募股权投资基金不低于 2 亿元（包括管理团队以骨 ...

Core Insights - The article emphasizes the role of state-owned limited partners (LPs) and government investment funds as key players in the venture capital market, driving innovation and economic development [1][3][4] Group 1: Role of State-Owned LPs - State-owned LPs, like Jianfa Emerging Investment, are crucial "irrigators" and "enablers" in the venture capital ecosystem, supporting startups and facilitating their growth [3][4] - Jianfa Emerging Investment has participated in over 120 investment funds and supported more than 240 companies, with 44 of them achieving domestic and international listings [4] - The company has managed nearly 30 billion yuan in assets and reported a cumulative net profit exceeding 4 billion yuan, establishing itself as a significant player in China's venture capital industry [4] Group 2: Government and Market Collaboration - The chairman of Jianfa Emerging Investment, Wang Wenhui, believes that state capital should enhance its ability to judge future trends and allocate resources effectively, acting as "patient capital" [6][7] - The company serves as a bridge between local governments and startups, helping both parties understand each other's needs and policies [6][7] - In 2024, Jianfa Emerging Investment will collaborate with the National Social Security Fund to establish a market-oriented mother fund with a total scale of 4 billion yuan, marking an innovative partnership between national social security funds and local state-owned enterprises [6] Group 3: Investment Strategy and Ecosystem Building - Jianfa Emerging Investment adopts a market-oriented approach in selecting projects, focusing on financial reports, business development, technology, and team capabilities [9] - The company aims to create a dual empowerment ecosystem by linking startups with Jianfa Group's various business sectors, facilitating mutual growth and resource sharing [12][13] - Jianfa Emerging Investment actively organizes events to connect investment institutions and entrepreneurs, fostering a collaborative venture capital ecosystem [13][14]

Group 1 - The 2025 Pujiang Innovation Forum will be held in Shanghai from September 20 to 22, focusing on building an open and cooperative global technology community, featuring a record number of participants and events [1] - The forum will include 1 opening ceremony, 1 main forum, 30 thematic forums, and 5 significant activities, such as the InnoMatch Technology Transfer Conference and WeStart Venture Capital Conference [1] - Since its inception in 2008, the forum has invited over 550 guests from more than 45 countries and regions, with nearly 40% of participants coming from countries like Belarus, the USA, Germany, Switzerland, Denmark, and regions of Hong Kong, Macau, and Taiwan [1] Group 2 - The InnoMatch Technology Transfer Conference will globally release 10,000 technology demands, with over 20 billion yuan in corporate investment and 2,000 job postings, showcasing over 80 cutting-edge products and experience scenarios [2] - Over the past five years, the InnoMatch conference has released more than 21,000 technology demands and 35,000 national technology innovation talent job postings, with a total cooperation intention amount nearing 18 billion yuan [2] - Shanghai's role as a technology innovation hub has been strengthened, with the implementation of the "Explorer Plan" and the introduction of nine policy measures to support basic research [2] Group 3 - Shanghai's innovation ecosystem is continuously improving, with 39 pilot units for technology transfer reform since 2024, resulting in nearly 250 empowered achievements and a conversion amount of 2.39 billion yuan [3] - The city is focusing on key links in technology transfer, creating a systematic ecosystem that includes concept validation, high-quality incubation, venture capital funds, and technology management [3] - An average of 300 new technology companies are established daily in Shanghai, indicating a robust growth in the technology sector [3]

当前，国资LP和政府投资基金已经成为创投市场的出资主力军。但大量国资LP和政府投资基金是从国家战略发展、地方产业升级等角度考虑，通常都带有 一定的返投要求。 "我们呼吁有更多市场化运作国资LP出现，这将利于创投行业生态的长期健康发展。"近日，建发新兴投资董事长王文怀在接受21世纪经济报道记者采访时 说。 据了解，建发新兴投资成立于2014年12月，是厦门建发集团旗下的新兴产业投资平台。同时，它也是一家建立在服务国家高质量发展和厦门市经济社会发展 基础上，充分发挥市场化运作优势的国有资本机构。 经过十多年发展，建发新兴投资的管理资金规模超过290亿元。其参与投资基金超120只，合作的GP包括启明创投、礼来亚洲基金、龙磐投资、君联资本、 钟鼎资本、黑蚁资本等。同时，其参与企业投资超220家，项目覆盖医疗健康、先进制造、TMT/消费领域，包括康龙化成（300759）、华熙生物、澜起科 技、惠泰医疗、中伟股份（300919）等。 值得注意的是，建发新兴投资虽然是地方政府支持下、地方国有企业培育出来的LP机构，但主要通过市场化方式在一级市场进行多样化资产配置。 "我们非常关注国家高质量发展带来的产业发展机遇，然后通过市 ...

作为建发集团旗下的权益类资产管理机构，建发新兴投资用十年时间交出了一份亮眼的答卷：累计管理 规模接近300亿，覆盖2000多个创业项目，成立至今每年保持稳健的财务表现，累计报表净利润已突破 40亿，成为中国创投行业具有影响力和代表性的耐心资本之一。 文 | 《财之道》 徐苑蕾 在科技创新与产业升级浪潮翻涌的当下，国有创投机构如何既坚守战略定力，又能灵活应对市场变化？ 近日，2025母基金年度论坛在厦门举行。论坛期间，建发新兴投资董事长王文怀与新浪财经等对话，深 入分享了其对国有资本创投逻辑、市场化与政策性平衡、硬科技投资估值等热点议题的思考。 他强调，国有资本应在充分理解国家、区域与城市发展战略的基础上，提升对未来趋势的判断能力，以 高度专业、市场化的方式实现资源配置，真正成为"耐心资本"。 有为政府与有效市场 当被问及国有资本如何平衡政策引导与市场效率时，王文怀指出，两者并不矛盾，当前，建发新兴投资 所管理的资金以市场化资金为主，我们的市场化投资也是植根于对国家高质量发展战略与厦门市产业发 展的深刻理解。 王文怀回忆称，建发新兴投资成立之初就明确两大战略任务：第一，作为创投机构，必须通过实现盈利 来证明自己 ...

Core Viewpoint - The Liaoning Provincial Government, in collaboration with the People's Bank of China Liaoning Branch and 12 other departments, has introduced measures to accelerate technological financial innovation to support the construction of a strong technological province, outlining 20 specific initiatives across seven areas including monetary credit, capital markets, venture capital, technology insurance, and financing guarantees [1][3]. Group 1: Financial Support Measures - The measures aim to utilize monetary policy tools to provide precise services to technology enterprises, enhancing the guiding and supporting role of monetary credit [3]. - Initiatives include promoting intellectual property pledge loans, increasing the scale of "Sci-Tech Innovation Loans" for agriculture and small enterprises, and expanding the "Sci-Tech Bill" program to offer diversified financing services [3]. - Banks are encouraged to establish specialized departments for technology finance and develop a comprehensive service platform for innovative technology enterprises [3]. Group 2: Capital Market Development - The measures support technology enterprises in listing and financing, establishing a "reserve enterprise library" for tiered and categorized cultivation and guidance [3]. - Development of regional equity markets and the establishment of special boards for "gazelle" and "unicorn" companies are also included, along with enhanced promotion of technology innovation bonds [3]. Group 3: Venture Capital and Insurance - The measures guide venture capital to invest early, in small amounts, for the long term, and in hard technology, emphasizing its role in supporting technological innovation and industrial transformation [3]. - There is an exploration of joint guarantee models to strengthen insurance support, positioning technology insurance as a key stabilizer for technological innovation [3]. Group 4: Future Initiatives - A coordinated mechanism for technology finance will be established to accelerate the implementation of core platforms and mechanisms, along with policy interpretation and case promotion [4]. - High-profile technology finance summits and forums will be organized to invite renowned financial institutions, experts, and enterprises, creating a platform for exchange and cooperation [4]. - The goal is to establish a diversified, relay-style technology finance service model in Liaoning, fostering a favorable ecosystem for financial support of technological innovation [4].