文/深圳证券交易所债券业务中心课题组 租赁住房REITs，为民营企业提供办公、住宿等配套服务。同时，积极探索Pre-REITs、私募REITs、公 募REITs多层次市场建设，为民营企业项目"募投建管退"提供全链条融资服务。 2. 健全民营企业融资增信支持体系，疏通民营企业融资堵点卡点 截至2025年3月末，深交所累计支持民营企业发行债券3.67万亿元，占深交所债券发行总规模的36%。 其中，公司（企业）债券发行规模为2.29万亿元（含可转换债券），资产支持证券（ABS）发行规模为 1.37万亿元，REITs发行规模为81亿元。目前，民营企业债券期限以3年期和5年期为主，债项评级以 AA+和AAA为主，发行人或原始权益人位于广东、北京、重庆等多个省市，主要分布在金融业、租赁 和商务服务业、制造业等10余个行业。为更好支持民营经济发展，深交所不断丰富产品体系和规则体 系，积极推进一二级市场协同发展。 1. 加快产品创新、丰富产品体系，持续拓宽多元化融资渠道 一是聚焦"五篇大文章"，推出精准服务民营企业系列债券产品。顺应国家战略，推出科技创新债券、绿 色债券、低碳转型债券、中小微企业支持债券等专项品种，以及数字经 ...

转自：新华财经 金鸡湖畔，智慧涌动。2025人工智能产品应用博览会（以下简称"2025智博会"）将于7月28日—30日在 苏州工业园区盛大启幕。2025智博会以"智无界▪慧共生"为主题，以苏州工业园区为窗口，集中展示全 球人工智能领域前沿成果，促进跨区域、跨行业深度交流合作，推动人工智能与实体经济融合创新，构 建开放协同、共享共赢的产业新生态。 2025智博会将表彰第二届"祖冲之奖"人工智能前沿创新奖，发布新一代人工智能发展年度报告与中国城 市人工智能发展指数，并为第三届全球智博会创新创业大赛获奖者颁奖。现场将集中签约一批"人工智 能+"重大项目，企业、高校、科研院所的知名专家学者及企业家将发表主旨演讲，共探人工智能前沿 议题。 二是中新首次联合参展。依托苏州工业园区作为中新两国重要合作项目的深厚基础，首次设立中国-新 加坡合作AI专题展团，集结中新多家创新企业携手亮相，展示AI+生命科学、AI+知识产权保护、AI+制 造等领域的最新成果，深化科技合作，共拓人工智能时代全球机遇。 三是搭建对接平台发布央企与地方国企需求。全面升级供需对接机制，策划邀请央企与地方国企现场传 授数智化转型经验、发布数智化转型需求； ...

"跟着赛事去旅行""跟着赛事去购物"已经成为眼下最热门的消费浪潮之一。 继"村BA""村超"等富有地方文化特色的赛事走红后，"苏超"再次破圈，借助社交媒体"造梗"互动，球迷 和游客追随赛事足迹，跨区域流动、跨领域消费，形成了"体育赛事引流、文旅消费变现"的新模式。 有数据显示，"苏超"带动江苏目的地的过夜游客大增，南通、宿迁、徐州等城市的暑期酒店预订量均实 现翻倍增长。结合赛程安排，江苏将陆续举办博物馆夜游、文创市集、美食体验等特色文旅活动500多 项，推出景区门票减免、文旅消费券等惠民便民措施1400多项。 可以看到，近年来，随着健康中国战略和全民健身国家战略的深入实施，我国体育消费市场快速增长， 体育旅游、体育健康、体育教育培训、体育文创、体育会展、体育金融等"体育+"新业态不断涌现。 体育竞赛表演产业是体育产业的重要组成部分，发展体育竞赛表演产业对挖掘和释放消费潜力、打造经 济增长新动能具有重要意义。国务院办公厅《关于加快发展体育竞赛表演产业的指导意见》指出，这一 领域总规模预计到2025年将达到2万亿元。 2025年6月24日，中国人民银行等六部门联合印发了《关于金融支持提振和扩大消费的指导意见》，从 ...

Core Viewpoint - The implementation plan aims to establish a comprehensive inclusive financial system that supports underdeveloped areas and weak sectors, enhancing the quality of inclusive financial services in line with high-quality economic development requirements [1][2][5]. Group 1: Development of Inclusive Finance - The concept of inclusive finance has gained traction over the past decade, with a multi-layered supply structure gradually established [2]. - The plan emphasizes optimizing the inclusive financial service system, creating a differentiated and sustainable institutional framework [2][3]. - Policy banks are encouraged to strengthen their role in supporting inclusive finance, particularly in underdeveloped regions through long-term loans [3][4]. Group 2: Challenges and Solutions - Current challenges include uneven regional development, unclear positioning of financial institutions, insufficient product innovation, and inadequate policy support [6]. - The plan calls for enhanced collaboration among different financial institutions to innovate credit products and improve service coverage [4][7]. - Financial institutions are urged to optimize their services beyond just credit, incorporating comprehensive financial services to meet diverse customer needs [7][8]. Group 3: Focus on Rural Finance - Rural financial institutions are crucial for enhancing the accessibility of inclusive finance and supporting county-level economic development [8][9]. - The plan highlights the need to improve financial services in rural areas, allowing institutions to adapt their offerings based on local demands [9]. - Innovations such as intellectual property pledge loans are being developed to address financing challenges faced by small and micro enterprises [9].

Core Viewpoint - The introduction of patent execution insurance for Hunan Biyuan Biotechnology Co., Ltd. represents a significant step in protecting core technologies and encouraging innovation in the biotechnology sector [1][2]. Group 1: Company Insights - Hunan Biyuan has successfully insured two core biological technology patents with a total coverage amount of 1.6 million yuan, supported by the Changsha Economic Development Zone [1]. - The insurance allows the company to focus on research and innovation without the burden of potential legal costs associated with patent infringement [2]. Group 2: Industry Trends - The insurance industry is increasingly becoming an accelerator for technological innovation by offering specialized products like research failure insurance and intellectual property insurance [2]. - The launch of the first intellectual property insurance in Hunan reflects China Pacific Insurance's commitment to supporting the high-quality development of the real economy and emerging industries such as integrated circuits, biomedicine, artificial intelligence, and low-altitude economy [2].

2023年，国家知识产权局办公室、工业和信息化部办公厅印发《关于组织开展创新管理知识产权国际标 准实施试点的通知》(国知办发运字〔2023〕23号)，正式开始推广实施知识产权国际标准，目标是"通 过三年时间，逐步实现对国家知识产权优势示范企业、专精特新'小巨人'企业的创新管理国际标准实施 试点全覆盖"，在此背景下，腾森轮胎成为威海市首批试点企业之一。 虽然试点企业在知识产权和创新发展方面已经具备一定的工作基础，但面对一个全新的国际标准，由于 认知不足而产生心理抵触在所难免。为了把企业看不见摸不着的国际标准真正摆到企业面前，市市场监 管局在2023年和2024年连续两年邀请贯标行业领域内头部企业的专家学者来威授课，从国际标准是什 么、解决了哪些问题、能使企业获得哪些收益、对企业走出去有哪些帮助等方面进行了深入浅出的讲 解，逐步提升企业对标准的总体认知，还从企业实操层面出发重点介绍了《创新管理—知识产权管理指 南(ISO56005)》的背景、框架、评价标准和具体评价流程，并结合世界知名企业转型案例，让企业切实 认识到实施知识产权战略的重要意义。 解决了企业认识层面的问题，从理论到实践经济成本是企业绕不过的"门槛" ...

Core Viewpoint - Dongguan Bank, established in 1999, is making its fifth attempt to go public after 17 years of efforts, facing a challenging IPO environment with high entry barriers and declining financial performance [2][12]. Group 1: Company Overview - Dongguan Bank is located in Dongguan, a city with a GDP exceeding 1 trillion yuan, and is one of the leading city commercial banks in China [2][3]. - As of the end of 2024, Dongguan Bank's total assets reached 672.73 billion yuan, ranking second among city commercial banks in Guangdong province [4][11]. - The bank's operating income for 2024 was 10.197 billion yuan, a decrease of 3.69% year-on-year, while net profit fell to 3.733 billion yuan, down 8.2%, marking the first decline in five years [2][4]. Group 2: Business Strategy and Performance - Dongguan Bank's business strategy is closely tied to the economic development of Dongguan, which is known as the "world factory" and hosts major companies like Huawei and OPPO [3]. - The bank has a strong focus on corporate banking, with approximately 25% of its corporate loans directed towards the manufacturing sector [3][9]. - In 2024, the bank's corporate business revenue was 4.477 billion yuan, down 4.45%, and its overall net interest margin was 1.26%, lower than comparable city commercial banks [8][11]. Group 3: Loan Portfolio and Risk Management - As of the end of 2024, 60.98% of Dongguan Bank's loans were to small and micro enterprises, with an average loan amount of 2.312 million yuan [6][9]. - The bank's non-performing loan ratio was 1.01%, with a slight increase due to higher personal loan defaults, while the corporate loan non-performing ratio was 0.82% [11]. - The bank's loan distribution is concentrated in industries such as leasing and business services (31.87%), manufacturing (23.89%), and wholesale and retail (13.90%) [10][11]. Group 4: IPO Challenges and Market Environment - The current IPO environment for banks has become increasingly difficult, with only five banks remaining in the A-share listing queue, including Dongguan Bank [12]. - The focus of discussions around Dongguan Bank's IPO has shifted from whether it can go public to whether it has missed the optimal window for listing [12]. - The last successful bank IPO occurred in late 2021, and since then, the market has seen a prolonged period without new listings in the banking sector [12].

Core Viewpoint - The People's Bank of China Shaoyang Branch is actively promoting digital finance through policy guidance, product innovation, and service enhancement, aiming to create a new highland for digital finance and support the robust development of the digital economy. Policy Precision Guidance - The Shaoyang Branch has initiated the "Smart Empowerment of Ten Thousand Enterprises" action plan, which includes ten measures to support the intelligent transformation and digitalization of the manufacturing sector [2] - A series of supporting policies, including the "Three-Year Action Plan for Digital Economy Development," have been implemented to facilitate the digital transformation of enterprises [2] - A strategic cooperation memorandum was signed with Shaodong City to direct financial resources towards local light industry sectors, resulting in a 22.6% year-on-year increase in loans for the lighter industry [2] Product Innovation - The Shaoyang Branch has developed the "Flow Loan" standard, allowing banks to create credit profiles for enterprises based on cash flow data, thus addressing issues like information asymmetry and collateral shortages [4] - Various digital financial products such as "Flow Loan," "Science Credit Loan," and "Technology Value Loan" have been created to meet diverse financing needs [5] Financial Support for Innovation - The Shaoyang Branch has issued a total of 21.9 billion yuan in knowledge value credit loans and 4.7 billion yuan in intellectual property pledge loans to alleviate financing difficulties for innovative enterprises [6] - As of March 2025, 407 innovative SMEs and 276 specialized and new SMEs have received credit support [7] Supply Chain Financing - The Shaoyang Branch has explored the application of digital finance in supply chain financing, launching new financing models to meet the needs of core enterprises and their supply chains [7] - By April 2025, the city had completed 215 accounts receivable financing transactions, amounting to 2.33 billion yuan [8] Service Quality Enhancement - The Shaoyang Branch has implemented a "Five Special" financial service system to provide comprehensive support for enterprises' digital transformation [9] - The bank has facilitated the issuance of the first "Smart Animal Husbandry Loan" of 2 million yuan to a local pig farm, showcasing innovative service models [9] - A total of 52,000 enterprises have moved to cloud platforms, with significant increases in intelligent manufacturing capabilities [10]

Group 1 - The company, as the exclusive insurance supplier for the "Su Super" league, has developed tailored risk protection plans to support event operations, showcasing the innovative practice of financial empowerment in the sports industry [1] - The collaboration project reflects the company's technological advancements, utilizing a digital platform to create specialized insurance solutions such as comprehensive liability insurance and accident insurance for staff, demonstrating the company's professional capabilities in risk management for large sports events [1] - The company has also addressed the urgent need for cybersecurity in emerging sectors like blockchain and smart investment advisory by drafting and filing comprehensive cybersecurity insurance clauses, covering core risks in digital finance [1] Group 2 - The company has introduced innovative insurance products to support the national "dual carbon" goals, including compensation insurance for distributed photovoltaic power generation losses and performance warranty insurance for new energy storage systems, contributing to the green transformation of the construction industry [2] - The scale of green insurance risk protection is projected to reach 1.7 billion yuan in 2024, representing a 15% year-on-year growth, indicating the company's commitment to fostering green development [2] - The company has extended its services to various aspects of public welfare, including the "Jiangsu Medical Insurance No. 1" product, which has benefited over one million families, and long-term care insurance covering 183.4 million people in multiple cities [2] Group 3 - The company emphasizes its role in safeguarding intellectual property for innovative enterprises and ensuring safety in sports, reflecting its commitment to "finance for the people" [3] - The company plans to continue deepening the cross-sector integration of insurance protection to provide stronger support for the economic and social development of Jiangsu [3]

作为浦发银行重要集团成员，上海信托是改革开放后上海首家金融机构及国内首批成立的信托公司，自 1981年成立以来始终服务国家战略、实体经济与人民美好生活。 具体来看，近期上海信托落地全国首单"现金+不动产"的家庭服务信托，打破了信托服务主要面向超高 净值人群的传统印象，使拥有房产这一中国家庭最常见核心资产的大众家庭，也能运用信托工具实现财 富保障与代际传承。 记者了解到，自2022年以来，上海信托就持续推动不动产信托和养老服务信托的探索和应用，坚定不移 解决信托行业"难而正确的事"。 2024年8月新修订的《上海市推进国际金融中心建设条例》第二十七条将不动产和股权信托纳入，上海 信托作为唯一一家信托公司参与立法征询，并在上海市委金融办和上海金融监管局的牵头下，成功出台 上海版本不动产信托登记制度，并于6月9日落地全国首单"现金+不动产"的家庭服务信托。 该案例一站式解决了委托人关于母亲养老保障、子女未来支持、家庭财产保护、投资房产有效管理等多 重核心诉求，展现了信托工具在满足个性化、复合化家庭财富管理需求方面的独特价值和灵活性，为大 众家庭财富管理和传承一揽子服务提供了可复制可推广的信托参考模式。 另外，在特殊 ...