Longwan builds a model of deep integration in technology and finance.

Longwan District presents awards to financial institutions that have made outstanding contributions to supporting local economic development.

The integration of technology and finance to help the high-quality development of self-created areas is one of the important contents of the creation of "two health" pioneering areas in the new era.

In order to give full play to the main role of local finance, Longwan District fully supports the development of small and micro enterprises in the region, actively explores the reform and innovation in technology and finance, helps science and technology enterprises break through the financing bottleneck, and builds a "fully closed-loop" technology and finance service system serving the construction of Wenzhou National Independent Innovation Demonstration Zone. At the same time, broaden the channels for enterprises to find capital, graft capital and embrace capital, effectively solve the problem of "difficult, expensive and slow" financing, realize the quick, convenient and seamless connection between scientific and technological resources and financial capital, and make it a model of deep integration of Wenzhou and technology and finance.

Mutual benefit between banks and enterprises

Send a "warm heart soup" to the private economy

"Very unexpectedly, I didn’t expect a patent certificate to apply for a loan." Mr. Lin, general manager of a shoe machine enterprise in Wenzhou, said excitedly, "Thanks to the intellectual property financing business launched by government departments, we have enough funds to continue production."

This enterprise is an independent manufacturer of high-tech shoe-making equipment. In recent years, it has successively developed new equipment such as intelligent folding machine and intelligent cutting machine, and applied for many patents. With the increase of uncertainties in foreign markets, it has encountered the problem of capital turnover. "Just when we were at a loss, the business assistant brought us good news, and the company’s intellectual property rights had the opportunity to be exchanged for money." Mr. Lin said that after contacting Longwan Rural Commercial Bank, it didn’t take long for the company to apply for a financing of 1 million yuan with its self-developed equipment patent.

At present, there are 1306 provincial high-tech SMEs and 205 high-tech enterprises in Longwan District, many of which are small and medium-sized enterprises like this. In order to help these small and medium-sized enterprises, which value technology over assets, solve the problems of insufficient funds and support the development of enterprises, Longwan District and Longwan Rural Commercial Bank jointly developed "specialized loan" products for intellectual property pledge financing, and changed "equity assets" into credit assets. At present, the fund gap of 157 million yuan has been solved for 93 small and micro scientific enterprises in the region, and the value of intellectual property rights has been further exerted.

In addition, Longwan District is the first in the province to launch "enterprise environmental loan" and change "credit data" into credit assets. Innovatively launched "contract loan" products, changed "pre-purchased assets" into credit assets, and handled the first mortgage loan business of pre-registration of first-hand commercial housing in the province, which solved the problem that "forward housing cannot be loaned".

Jian Sun, director of the financial service center of Longwan District, said that in recent years, Longwan District has insisted on resonating with the real economy at the same frequency, and through specialized operation, characteristic development and systematic operation, it has continuously innovated and optimized financial products, linkage mode and enterprise-helping services, continuously injecting financial blood into small and medium-sized technology enterprises in our city and creating a "golden business card" for Wenzhou technology and finance service.

Information becomes "gold"

One-stop financing service platform breaks through financing obstacles

Financial activities, economic activities; Financial stability and economic stability. Serving the real economy is the bounden duty of the financial industry, and it is also a fundamental measure to prevent and resolve financial risks. In view of the practical problems such as few financial institutions’ outlets, narrow coverage, low penetration rate, narrow financing channels for technology-based enterprises, multi-head contact and multi-site operation, Longwan District relies on Wenzhou technology and finance Center to effectively integrate resources such as technology banks, venture capital, guarantees and financial intermediaries to build a comprehensive service platform covering the whole process of financing docking, screening, matching, negotiation and tracking services.

"Convenient, really convenient!" This is a compliment to the comprehensive service platform after small and micro enterprises advocate that Mr. Wang obtain information and get loans quickly. It is reported that the comprehensive service platform has opened up an online information acceptance platform and an offline meeting room, giving full play to the role of a bridge and providing comprehensive financing services for enterprises and financial institutions.

"Financing is difficult and expensive" is an important problem in financial development. The comprehensive service platform introduces big data to accurately match supply and demand. Through investigation, visiting enterprises and sharing resources with departments, we will systematically collect and integrate the information of local enterprises and financial institutions, and establish a database integrating the financing demand information of scientific and technological enterprises (projects), technology and finance service information and investor information.

Through this model, enterprises with financing needs can choose suitable financial institutions and financial products according to their own conditions, just like entering a supermarket. Financial institutions can also "sit in the right place" and directly and accurately grasp the financing intention, qualification, credit, operating conditions and industry reputation of enterprises, effectively reducing credit risks.

At present, the database has collected 52 financial institutions, more than 200 science and technology enterprises with financing needs and more than 180 "double innovation" projects, and pushed more than 300 pieces of financing information to enterprises or institutions, speeding up the access of enterprises to financing such as science and technology credit and equity investment.

A basket of new policies

Help microfinance to try first.

Small and micro enterprises are at a disadvantage in the financing chain because of insufficient effective collateral, imperfect financial system and weak ability to resist risks. In view of the fact that technology-based enterprises have light assets, small scale, and "double high" financing threshold and cost, Longwan District systematically integrates low-cost financial resources, and promotes the "double reduction" of financing threshold and cost through measures such as guiding fund-driven, interest subsidy policy support and financing risk sharing.

In the face of difficulties, the government plays an active guiding role. By exploring the "1+N" parent-child fund investment model and amplifying the capital leverage through the sub-funds, social capital is driven to invest in strategic emerging industries, high-tech industries, advanced manufacturing industries and other fields that are closely related to economic transformation and upgrading. At present, 43 equity investment funds have been introduced through government guidance funds, and the asset management scale has exceeded 4 billion yuan.

As long as small and micro enterprises are immersed in industry, there is always a group of "smart stars" behind them. In view of the problem of expensive financing for enterprises, Longwan District has implemented discount subsidies for working capital loans and venture guarantee loans for small and medium-sized enterprises. An intelligent technology co., Ltd. in Wenzhou, because it has a patent right for scientific research and development, meets the conditions for handling patent pledge loans, and finally obtained a loan of 2 million yuan from Hangzhou Bank Science and Technology Sub-branch with its patent right as pledge, and the enterprise can also apply to the government for partial interest relief on the patent pledge loans.

Longwan District has also established a risk sharing mechanism of "government+bank+guarantee institution", guiding financial institutions to jointly tailor financial services such as bank investment, joint loan and credit guarantee for enterprises, and promoting the cooperation between technology banks and guarantee companies to set up a risk compensation fund pool for technology enterprise loans, so as to effectively reduce the financing risk of enterprises. Hangzhou Bank Science and Technology Sub-branch innovatively launched the "Kebao Loan" product, relying on the technology guarantee provided by the municipal financing guarantee company, and issued a total of 14.5 million yuan of corporate loans to 4 households.

On this basis, Longwan District launched a nanny service, followed by "sticking a pole to the end" and "internet plus Road Show" to further smooth the financing channels. At the same time, it broadcasted live on domestic platforms such as technology and finance Information Service Platform and Shenzhen Stock Exchange in China High-tech Zone, and conducted real-time interactive exchanges with more than 4,000 domestic venture capital institutions and more than 10,000 investors, and recorded and broadcasted high-quality road show projects to relevant platforms for promotion. At present, the center has held a total of 98 roadshows, including more than 410 projects, including 16 live roadshows, with an average online viewing volume of over 67,000. (Reporter Lin Yingying)