【导读】信达证券买入100多亿元浦发转债 中国基金报记者 江右 债券余额500亿元的浦发转债还有4个月到期，信达证券管理的资管计划突然买入100多亿元。浦发转债是浦发银行发行的可转债，发行总 额为500亿元。 6月26日晚间，浦发银行发布投资者增持可转债的公告。浦发银行表示，近日，公司收到信达证券和信达投资的通知，截至2025年6月25 日，信达证券管理的信丰1号单一资产管理计划通过上海证券交易所系统累计增持公司可转债117,852,490张，占浦发转债发行总量的 23.57%。 2025年6月26日，信达证券管理的信丰1号单一资产管理计划（以下简称信丰1号）将持有的公司可转债117,852,490张，通过上海证券交 易所系统转让至信达投资账户，占浦发转债发行总量的23.57%。 可转债1张的面值为100元，信达证券累计增持的1.1785亿张，相当于117.85亿元的债券面额，按照最新收盘的112.451元的价格，市值 达132.52亿元。信达证券将管理的信丰1号的1.1785亿张的浦发转债都转让至信达投资账户。 编辑：江右 校对：纪元 制作：小茉 审核：陈墨 从走势上看，浦发转债今年以来一路走高，最新收盘报 ...

Core Viewpoint - The establishment of a financial high-level open corridor in the Guangdong Free Trade Zone is aimed at supporting the high-quality development of the real economy through financial openness and innovation [1][2]. Group 1: Financial Development in Qianhai - Qianhai is positioned as a crucial link between Hong Kong and the mainland, focusing on attracting international capital and supporting enterprises to list in Hong Kong [2][3]. - Over the past decade, Qianhai has attracted a total of $38.2 billion in foreign investment, accounting for 67% of the Guangdong Free Trade Zone's total [2]. - The number of customs-registered enterprises in Qianhai has increased to over 11,000, a growth of 5.7 times since its establishment [2]. Group 2: Capital Market and Listing Support - Qianhai aims to become a nurturing base for companies planning to list in Hong Kong, leveraging Hong Kong's international legal and regulatory framework alongside Shenzhen's industrial advantages [3][4]. - In the first half of this year, the Hong Kong Stock Exchange led global IPO financing with 40 new listings raising HK$102.1 billion [4]. - By 2025, the Hong Kong market is expected to see 80 new listings, with a total financing amount projected to reach HK$200 billion [4]. Group 3: Financial Infrastructure and Cross-Border Finance - The Qianhai Equity Exchange Center is designed to facilitate enterprises in listing in Hong Kong, with a focus on enhancing the listing nurturing mechanism [5]. - Qianhai has established six cross-border financial brands, including cross-border RMB loans and dual-currency bond issuance, to attract international capital [5]. - As of the end of 2024, Qianhai's FT accounts have surpassed ¥1 trillion in cross-border receipts and payments [5]. Group 4: Support for Small and Medium Enterprises - The development of "patient capital" and "bold capital" is emphasized to improve the financing environment for small and medium-sized enterprises and technology companies [6][7]. - The "Technology Startup Pass" credit product has served over 3,200 enterprises, with 80% being early-stage tech companies, providing loans totaling ¥3.8 billion at a low interest rate of 3.45% [6]. - The first private equity fund management license for insurance capital has been issued in Qianhai, with an initial fund size of ¥30 billion [7]. Group 5: Supply Chain Finance - Qianhai is recognized as a major hub for supply chain finance, aiming to support the transformation of the manufacturing sector and promote inclusive finance [9][10]. - The region has launched the first national action plan to promote the development of the factoring industry, establishing itself as a model for supply chain finance innovation [9]. - By May 2025, Shenzhen is expected to have 11,000 specialized small and medium enterprises, providing a strong market for supply chain financing [10].

《金融时报》记者在采访中了解到，近年来，中国信达上海自贸区分公司瞄准半导体、生物医药、新能 源、新材料等战略性新兴产业，成立多支行业研究团队、专家服务团队和党员讲师团，深入市场、深入 企业，举办"合力共赢 破局而上"私募股权基金研讨会、上海市专精特新"小巨人"企业培育政策宣讲 会，为高科技企业提供一对一专业化对接服务。 中国信达旗下的南商中国通过机制建设、拓宽渠道、协同发展、资源倾斜等有力措施，构建全方位科技 金融服务体系。成立科技金融领导小组和工作小组，明确年度考核目标，引导业务单位加大科创企业服 务力度；将科创企业名单引入信贷全流程系统，以大额存量授信客户为重点，拓展科创企业名单内的上 下游客户；差异化核定贷款成本，减免资本占用成本，持续为专精特新企业及战略性新兴产业提供资金 支持。截至2025年一季度末，南商中国战略性新兴产业贷款余额93.76亿元，较年初增长超过5%，持续 为科创企业提供金融支撑。 聚焦企业需求 支持新质生产力发展 中国信达上海分公司持续深耕集成电路、人工智能、生物医药等上海三大先导行业，通过市场化债转 股、行业纾困基金等方式，加大对新质生产力的金融支持，近年来，累计投入资金超20亿元 ...

5月30日，中国(广西)自由贸易试验区南宁片区一座备受瞩目的商业综合体——五象航洋城正式开业， 包括华为、苏宁、BIGOFFS、麦当劳、必胜客等近百家知名商家入驻，开业3小时营业额破100万元， 客流量超3万人次。 这标志着已停滞5年的重点项目被成功盘活，困扰当地的老大难问题得到妥善解决。这也是继董家渡项 目后，中国中信金融资产管理股份有限公司(以下简称"中信金融资产")运用产融协同纾困化险模式的又 一经典案例。 "出资+出智"助力自贸区建设焕发"新生" 《金融时报》记者在采访中了解到，五象航洋城项目面积超13万平方米，位于广西南宁市五象新区，该 区域是自治区级金融商务服务业聚集区，拥有中国—东盟信息港南宁核心基地等一批国家级重大开放平 台，入驻金融机构157家、世界500强企业7家。 "该项目位于五象新区总部基地的黄金地带，是该区域的代表性建筑之一。"该项目负责人介绍。自2020 年以来，受多种因素影响，项目遭遇流动性危机被迫停工，地处核心区域的项目出现"烂尾"，极大地影 响了市容市貌，已签约的70%商户无奈退租，涉及多家金融机构超过12亿元贷款面临逾期风险，3000多 万元工程款被拖欠，项目陷入僵局。 业 ...

鲁担科技贷 疏源开渠浇灌科创沃土 当清晨的阳光洒进聊城市莘县某养老机构，张奶奶正在崭新的康复器械上舒展筋骨。而半年前，因缺少 抵押物，该机构负责人还在为设施更新的资金缺口发愁。山东投融资担保集团的"鲁担养老服务贷"如同 一场及时雨，快速到位的500万元贷款不仅解了该机构燃眉之急，更让机构床位跃升至270余张，成为当 地规模最大的养老机构。 中小民营养老机构因规模小、盈利能力弱、缺乏有效抵押物，普遍存在融资难题。山东投融资担保集团 深谙其困，创新推出"鲁担养老服务贷"，力破中小型民营养老机构融资难题。据了解，该产品通过"政 府引导、担保增信、银行授信"三方协同模式，实现了金融资源与养老服务需求的精准对接。并创新构 建了银行、国担基金、省级再担保和市、县级政府性融资担保机构四级风险共担机制，各按20%比例共 担分险，增强了整个融资担保体系的稳定性。 据悉，"鲁担养老服务贷"依托大数据风控平台，实现自动化风险评估和快速审批。其费率低、免抵押， 数据显示，产品推出仅五个月，便已为11个融资主体提供专项担保贷款3248.2万元。在2025"好品金 融"活动中，该产品成功入围"养老金融典型产品"名单。 据悉，"鲁担科技贷 ...

齐鲁晚报·齐鲁壹点 胡晓娟 ▲在山东投融资担保集团支持下，养老机构升级更新了硬件设施。 多维发力润泽"银发经济" 近日，在2025"好品金融"活动中，"鲁担养老服务贷"成功获评"养老金融典型产品"名单。山东投融资担保集团创新打造的这一"政府+担保+银行"金融赋能模 式，为无数陷入资金困境的民营养老机构点亮希望。 ▲莘县某老年服务中心老人们的休闲娱乐时光 三方联动引来"金融活水" 山东作为人口与老年人口大省，老龄化形势严峻。支撑全省养老服务的2048家星级机构中，1600家为民营养老机构，是养老服务供给的中坚力量。然而，规 模小、盈利能力弱、缺乏有效抵押物的现实，让中小民营养老机构深陷传统融资渠道"不敢贷、不愿贷、不会贷"的困局。为破解中小型民营养老机构的融资 难题，精准助力山东省民营养老机构高质量发展，山东投融资担保集团协同全省政府性融资担保体系合作担保机构，创设"鲁担养老服务贷"专项担保产品。 据了解，该产品通过"政府引导、担保增信、银行授信"三方协同模式，为省内符合条件的民营养老服务机构提供融资增信支持，提升贷款可得性，降低综合 融资成本。其中政府相关部门作为信息枢纽，提供具有融资需求的民营养老服务机构名 ...

Core Viewpoint - The "Ludang Technology Loan" product from Shandong Investment and Financing Guarantee Group has been recognized as a typical product in technology finance, demonstrating effective support for high-tech enterprises and alleviating their financing burdens [1][3]. Group 1: Product Overview - The "Ludang Technology Loan" was launched in July 2024 and has provided a total of 27.27 billion yuan in premium subsidy business for 20 guarantee institutions across nine cities, benefiting 1,025 national high-tech enterprises and technology-based SMEs with a premium reduction of 16.67 million yuan [1][10]. - The product features a guarantee fee rate of no more than 0.5% per year, significantly lower than market levels, thus reducing the financial burden on technology enterprises [7][9]. Group 2: Financing Challenges - Traditional credit logic does not align with the characteristics of technology enterprises, leading to financing bottlenecks characterized by light assets, low collateral, and lack of information [3][7]. - The "Ludang Technology Loan" addresses three major pain points of financing: difficulty, high cost, and slow processing [7]. Group 3: Policy Support and Implementation - The initiative is supported by policies such as the "Several Measures for Strengthening Financial and Fiscal Coordination to Serve Enterprise Innovation Development" and the "Implementation Rules for Provincial-level Technology Guarantee Premium Subsidy and Risk Compensation" [7]. - The product operates within a comprehensive policy-backed framework, facilitating direct financial subsidies to local guarantee institutions and enhancing the efficiency of credit access for technology enterprises [7][10]. Group 4: Impact and Future Plans - As of May 2025, the Shandong Investment and Financing Guarantee Group has supported 15,800 specialized and innovative high-tech enterprises with a total amount of 700.04 billion yuan [10]. - Future plans include optimizing policy support standards, deepening policy coordination, and building a multi-level financial support system that covers the entire lifecycle of enterprises [10].

Core Points - Shenzhen government encourages financing guarantee institutions to expand the scale of financing guarantees for small and micro enterprises in the service industry and individual businesses, while also reducing financing guarantee rates [1] Group 1: Financial Support Measures - The Shenzhen Municipal Government has issued measures to promote high-quality development of service consumption, emphasizing the need for enhanced financial and tax support [1] - There is a focus on guiding social capital investment to support digital transformation, platform construction, and brand promotion for service enterprises [1] Group 2: Specific Industry Support - The measures include increasing credit support for key sectors such as accommodation, catering, cultural and entertainment, and the elderly care industry [1] - Insurance institutions are encouraged to develop commercial health insurance products tailored to different demographics [1]

让"沙戈荒"变身"绿粮仓" 在腾格里沙漠东南边缘处，一大片风电光伏基地如绿色引擎扎根在这"沙戈荒"之中，该基地的1300万千 瓦风电光伏复合装机将沙漠风能与太阳能转化为清洁电力，作为全国"十四五"电力规划"宁湘直流"工程 配套电源点，该基地所发电量将经特高压线路直送湖南。 该基地名为宁夏腾格里沙戈荒能源大基地，是我国首个国家发展改革委和国家能源局双批复的沙戈荒能 源大基地，其所属的"宁湘直流"工程是"西电东送"的重要节点，线路全长1634千米，计划于2025年9月 建成投运。 从2023年开始，融资租赁行业的发展绕不开一个话题——专业化转型。如何发挥融资租赁"融物+融 资"的双重属性、破解服务痛点、构建产融协同新生态，已成为行业转型的核心课题。 无论是绿色转型、数字转型，还是业务转型、模式转型，逐渐向专业化、差异化、特色化经营转变的金 融租赁公司和融资租赁公司正通过系统性重构战略逻辑、资源配置、运营模式与技术迭代，锚定长期发 展坐标。以数字工具提升运营效率与客户服务体验，以业务场景的跨界融合突破增长边界，以绿色实践 实现生态价值、社会价值，推进产融深度协同发展。 从服务大型企业项目建设、设备购置，到支持小微企 ...

Core Viewpoint - The company has announced a guarantee for its subsidiary, Zhejiang Xiangyi Financing Guarantee Co., Ltd., amounting to approximately 1.12 billion RMB, to support its business operations and financing needs [2][3][11]. Summary by Sections Guarantee Overview - The guaranteed amount for Xiangyi Guarantee is 111,833.54 million RMB, with total guarantees provided by the company and its subsidiaries amounting to 405,833.54 million RMB as of the announcement date [2][14]. - The company has no counter-guarantee for this guarantee and reports no overdue external guarantees [3]. Guarantee Details - The company has signed a new maximum guarantee contract with China Construction Bank Hangzhou Wushan Branch, with a maximum guarantee limit of 1,118,335,352.52 RMB for the period from June 24, 2025, to May 28, 2026 [3][11]. - The guarantee covers all debts under the main contract, including principal, interest, penalties, and other related costs [11]. Decision-Making Process - The company held a temporary shareholders' meeting on December 26, 2024, to approve the guarantee for its subsidiary's financing activities for 2025 [5]. - The guarantees are part of an annual plan, effective from the date of approval until the next annual plan is submitted [5][6]. Financial Status of the Guaranteed Entity - As of March 31, 2025, Xiangyi Guarantee reported total assets of 61,523.37 million RMB and a net asset of 54,292.03 million RMB, with a debt-to-asset ratio of 11.75% [9]. - The company has shown stable operations with a net profit of 114.69 million RMB for the year 2024 [9]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the normal operation of the company's guarantee business and aligns with the overall interests of the company [13]. - The company maintains effective control and oversight over Xiangyi Guarantee, ensuring that the risks associated with the guarantee are manageable [13]. Cumulative Guarantee Amount and Overdue Situation - The total guarantee amount provided by the company and its subsidiaries for Xiangyi Guarantee is 405,833.54 million RMB, with an actual usage of 98,681.00 million RMB [14]. - The total guarantees do not exceed the limits approved by the shareholders' meeting, and there are no overdue guarantees reported [14].