Core Viewpoint - The conference emphasizes the importance of financial services in supporting high-level technological self-reliance and innovation in China, with a focus on creating a financial ecosystem that resonates with technological advancements [1] Group 1: Financial Strategy and Services - The bank views technology finance as a crucial part of its strategy to support national technological self-reliance, aiming to create a positive cycle among technology, industry, and finance [1] - A new technology finance work plan was established, introducing the "Sunshine Innovation" brand and a "Five Strengths" support system to meet the needs of technology enterprises [2] Group 2: Organizational Structure - The bank has developed a "1+16+100" integrated organizational structure for technology finance, with a central technology finance center and 16 regional centers, planning to establish around 100 specialized branches [2] - As of now, over 60 specialized technology finance institutions have been set up across the bank [2] Group 3: Product Offerings - The bank has created a product matrix consisting of three series: "Mingxing," "Xinxing," and "Juxing," covering a comprehensive range of financial products tailored to different stages of technology enterprises [2] - Innovative products such as "R&D Loans," "Salary Loans," "Data Asset Loans," and "Investment-Linked Loans" have been developed to provide full lifecycle financial services [2] Group 4: Ecosystem Development - The bank leverages its comprehensive financial capabilities and industry integration to build a robust ecosystem, focusing on collaboration across various sectors including government, industry, academia, and investment [2] - The bank aims to create a "Investment + Custody + Loan Linkage" model to provide long-term funding support for "hard technology" enterprises [2] Group 5: Research and Digital Capabilities - The establishment of a financial research institute enhances the precision of technology finance services, focusing on emerging industries and traditional industry upgrades [3] - The bank has developed a customer profiling system and is utilizing data integration to facilitate the conversion from "technology flow" to "capital flow" [3] Group 6: Future Outlook - The bank plans to deepen its integration into national strategic layouts, focusing on key areas such as artificial intelligence, integrated circuits, and aerospace for financial support [3] - The bank aims to strengthen its collaborative advantages within the group, enhancing its technology finance service ecosystem and providing comprehensive financial solutions for technology enterprises [3] - A robust risk management system and talent development are prioritized to ensure the sustainable growth of technology finance services [4]

Core Viewpoint - The implementation of the "Jiaxing City Science and Technology Innovation Financial Promotion Regulations" marks a significant step in addressing the financing challenges faced by science and technology enterprises, establishing a comprehensive financial service system for innovation [1][2]. Legislative Background: Reform Experiment Drives Legal Assurance - Jiaxing's legislative practice in science and technology finance is rooted in national strategic responsibilities, being included in the Yangtze River Delta's financial reform pilot zone [2]. - The regulations were developed through extensive public consultation, including over 20 discussion sessions to gather insights, resulting in a law that reflects both reform and local characteristics [2]. Core Framework: Three-Dimensional Efforts to Break Financing Bottlenecks - The regulations establish a financial service system through three key strategies that align with enterprise needs [3]. Strengthening Government Guidance: Building a Policy Support System - The regulations mandate local governments to incorporate science and technology finance into development plans and establish cross-departmental collaboration mechanisms [4]. - A fund system covering the entire lifecycle of enterprises is created, including a provincial and municipal cooperative science and technology mother fund of 5 billion, accounting for 45.5% of the provincial total [4]. Optimizing Financial Supply: Activating Market Entity Vitality - The regulations support the establishment of specialized branches in banks and departments in insurance institutions to better serve science and technology enterprises [5]. - Over 120 exclusive financial products have been developed, including "data asset loans" with a maximum credit of 30 million based on data resource ownership [5]. Improving Guarantee Mechanisms: Bridging the "Last Mile" of Service - Innovative systems have been introduced, such as a compliance exemption mechanism for venture capital investments and a digital application system for financial services [6]. - A service center for science and technology finance in the Yangtze River Delta has been established, providing listing planning services to 235 enterprises since 2024 [6]. Innovative Highlights: Demonstrating Jiaxing's Unique Institutional Breakthroughs - The regulations establish a collaborative model of "finance + credit + funds + insurance," with loan interest subsidies up to 40% and insurance premium subsidies up to 90% [7]. - A financial commissioner system is implemented to ensure service quality through annual evaluations across ten dimensions [7]. Implementation Results: Financial Support Empowering Innovation Development - As of now, the loan balance for science and technology enterprises in Jiaxing has reached 342.137 billion, with national high-tech enterprises accounting for 15.59% [8]. - A total of 1,188 instances of private equity investment exceeding 126.866 billion have been recorded, demonstrating the regulations' effectiveness in optimizing financial supply [8]. Legislative Significance: Legal Framework Leading to Innovation Ecosystem Upgrade - The introduction of these regulations is a key practice in fulfilling the central government's requirements for enhancing technology finance [9]. - The regulations provide a stable financial environment for local science and technology enterprises and serve as a model for national innovation in the financial sector [9].