Core Insights - The banking industry is shifting its focus from traditional financial metrics to understanding the potential of technology companies, emphasizing the need for a deeper comprehension of the tech sector and its opportunities [1][8] Group 1: Case Studies - The case of Wanjing New Energy highlights the challenges banks face in understanding innovative technologies, such as the geothermal heating project in Luoyang, which required extensive research and collaboration with various governmental departments [2][5] - Zhongyuan Bank provided a credit line of 85 million yuan for the geothermal project, and subsequently extended a total of nearly 200 million yuan to Wanjing New Energy, demonstrating a commitment to supporting the clean energy sector [5] - The bank's team conducted thorough on-site investigations to assess the project's viability, including evaluating occupancy rates in residential areas to gauge potential revenue [3][5] Group 2: Evolving Banking Practices - Traditional banking practices focused on past performance metrics, but there is a shift towards evaluating technology companies based on their industry, technology, team, and future potential [6] - China Bank's Zhengzhou Free Trade Zone branch provided a loan of 10 million yuan to Zhongke Qingneng, a startup specializing in low-temperature technology, indicating a willingness to support innovative firms despite their early-stage status [6][7] - The evaluation of technology companies now includes assessing their innovation capabilities, such as the number and quality of patents, and their potential market applications across various sectors [6][7] Group 3: Recommendations for Banks - Experts suggest that banks need to upgrade their evaluation methods to better understand technology companies, moving from static financial data to dynamic, multi-dimensional assessments of innovation capabilities [8] - There is a call for banks to develop a composite evaluation model that includes metrics like R&D expenditure growth and venture capital investment, which can help identify high-potential tech firms [8] - Talent development is crucial, with recommendations for banks to cultivate a workforce that understands both finance and technology, enhancing their ability to assess and support innovative enterprises [9]