Drip Irrigation Technology Innovation, Shangyin Science and Technology Innovation | Dual Empowerment of Science and Technology Innovation and Finance | Shanghai Bank Innovation Financial Service Hospital | Doctor | Financial Services
The orthopedics department of a certain hospital in Shanghai receives 30-40 patients with rib fractures in a day; Due to the fact that the rib is a thin layer image, with over 400 images scanned, it means for radiologists to view thousands of images for several hours in a row, which can lead to fatigue over time. The AI film reading system developed by Shanghai Lianying Intelligent Medical Technology Co., Ltd. in collaboration with hospitals has solved this problem and become another pair of "eyes" for doctors.
Behind the technological change in healthcare is the presence of Shanghai Bank's smart finance. From "no loan account" to "first loan account" to "partner customer", Shanghai Bank and Lianying Intelligence have been accompanying each other all the way. With the assistance of the bank's science and technology innovation finance, Lianying Intelligence has completed the research and development of dozens of AI applications, running through the entire diagnosis and treatment process. At the same time, it has obtained five NMPA Class III certificates, covering four major fields of respiration, neurology, orthopedics, and radiotherapy, and has participated in multiple national major projects.
Financial assistance adds wings to precision healthcare like a tiger
The Medical Imaging Department of a certain hospital in Shanghai is a national key clinical specialty, with an annual volume of medical imaging examinations ranging from 750000 to 780000. The review of rib fractures has always been a headache for radiologists. Through the Lianying Intelligent Chest Multi Disease Intelligent Diagnosis System, as long as the patient's image is transferred to the film reading system, a small floating window with "fracture" written on it in the upper right corner of the screen will turn yellow. Clicking on the floating window will enter the AI film reading system. The system supports the detection and classification of multiple types of fractures, with a comprehensive sensitivity of over 98% for rib fractures.
Lianying Intelligence is an artificial intelligence company under Lianying Group, which is an important strategic layout of the group in the field of artificial intelligence. At present, it has become a medical AI enterprise that can provide multi scenario, multi disease, full process, and integrated intelligent solutions. It has applied for more than 500 patents for related products and has landed in over a thousand hospitals.
Shanghai Bank has been one of the cooperating banks of Lianying Group since 2014, and has provided certain credit support to Lianying Intelligence, a member enterprise of the group. In 2021, after learning about the funding needs of Lianying Intelligence, Shanghai Bank actively responded to customized financing plans and solved many difficulties it faced. On the one hand, due to the fact that the enterprise is in the start-up stage and has huge R&D investment, there is significant short-term financial pressure. On the other hand, the artificial intelligence industry is still in its early stages overall, and the medical field has its unique characteristics. In this situation, if traditional credit products are used to connect with customers, both banks and enterprises will face significant pressure.
After learning about the financing needs of Lianying Intelligence, Shanghai Bank formed a "overcoming difficulties small team" overnight and conducted multiple rounds of full communication with enterprises, ultimately determining Shanghai Bank's innovative 5-year R&D funding loan product plan. From due diligence to final approval and loan disbursement, the credit process was completed quickly and efficiently, with a total credit limit of 250 million yuan granted, becoming the "first lending bank" for enterprises. Long term loan support allows enterprises to no longer be trapped by funds and focus on technological research and development. This is also the first R&D funding loan from Shanghai Bank for the Life and Health Innovation Laboratory, used to support special purposes such as enterprise technological innovation, research and development, sustainable basic services, and technology achievement transformation.
In 2022, based on the optimistic outlook on industry development trends and enterprise development prospects, Shanghai Bank proactively increased its credit limit to 450 million yuan to support enterprise research and development investment.
"Dual Empowerment" of Science and Technology Innovation and Finance
Technology empowers finance, and finance feeds back technology. Behind the rapid development of Lianying Intelligence, it cannot be separated from the empowerment of Shanghai Bank's financial innovation. Among them, the bank's joint establishment of the "Life and Health Joint Innovation Center" with Shanghai Jiao Tong University and Zhangjiang Group is indispensable.
By integrating the advantages of three parties, establishing an expert database, a set of characteristic financial products, and an online service platform, the "Life and Health Joint Innovation Center" leverages Zhangjiang Group's rich experience in science and technology innovation investment, high-quality project resources from the School of Biomedical Engineering at Shanghai Jiao Tong University, and professional capabilities in the field of life sciences to help science and technology innovation projects in the field of life and health obtain investment and financing support, complete achievement transformation, and achieve good social and economic effects. This innovative model has played an important role in supporting the research and development funding loan needs of enterprises such as Lianying Intelligence.
Shanghai Bank continues to implement the strategic development requirements of "innovation driven" in the 14th Five Year Plan, accelerating the financial empowerment of local science and technology innovation enterprises in Shanghai. Continuously enriching the connotation of the product service system. Increase investment in the layout of the three leading industries and six key industries in Shanghai, and coordinate the promotion strategy of key industries with major construction projects in the city, the construction of five new cities, and the integrated development of the Yangtze River Delta.
Shanghai Bank focuses on promoting innovation in investment loan linkage products and establishing an investment institution cooperation ecosystem to cater to the full lifecycle needs of science and technology innovation enterprises in the start-up, growth, and mature stages.
Through innovative models such as patent licensing revenue pledge financing, this behavior provides intellectual property pledge financing services for science and technology innovation enterprises, and has been selected as one of the first batch of 20 typical cases of intellectual property pledge financing and insurance in China. By creating science and technology innovation "investment linked loans" products, we work together with various professional investment institutions to serve high-quality science and technology innovation enterprises; Efforts will be made to explore investment loan linkage, promote the stock option business of "Option Treasure", and provide financial support for the integration of stocks and bonds for high growth enterprises.
Shanghai Bank has integrated external resources in politics, industry, education, and research, and collaborated with professional institutions and research institutions. Currently, it has established two science and technology innovation laboratories, "Integrated Circuit" and "Life and Health", and has initially formed a multi-party cooperation model for key industries. For example, the bank has established a communication mechanism with the Shanghai Stock Exchange for "personnel mutual employment and business exchange" to provide professional guidance for companies planning to go public; Establish advantages in innovative products such as science and technology innovation and manufacturing bills, and underwrite the first national science and technology innovation bill in the communication manufacturing industry and the first national science and technology innovation asset-backed bill.
As of the end of 2022, the balance of technology enterprise loans from Bank of Shanghai exceeded 100 billion yuan, and the number of technology enterprise loan customers has nearly doubled. In the "2023 Top 100 Hardcore Technology Enterprises in Shanghai" released by the Shanghai Industrial Technology Innovation Promotion Association, the bank covers more than half of the service enterprises.