What kind of innovation sparks will be ignited, Shangyin Science and Technology Innovation | When Shanghai Bank Encounters "Future" Enterprises | Fields | Science and Technology Innovation | When Shanghai Bank
Cell cultured meat that reshapes the supply pattern of meat protein, the early warning intelligent screening system for "silent cancer king" pancreatic cancer, the manned electric composite wing vertical takeoff and landing aircraft, the world's first polymer nanocomposite used in the cardiovascular field, and the clean and efficient salt lake lithium extraction method... A challenge focused on the "future" is about to open in Shanghai. On August 15th, the 2023 Global "Future Industry Star" Competition, supported by Shanghai Bank as the only designated cooperative bank, officially began its semi-finals. After multiple rounds of competition, over a hundred projects in the five major fields of the future industry, which have emerged from over 400 projects from around the world, will be presented to the public in the semi-finals arena.
"Financial water" irrigates future industries
The Action Plan for Shanghai to Build a New High in Future Industries and Develop and Strengthen Future Industry Clusters proposes that by 2030, Shanghai will emerge a group of globally influential hard core achievements, innovative enterprises, and leading talents in five major fields: future health, future intelligence, future energy, future space, and future materials, with a future industrial output value of 500 billion yuan.
To provide project and talent support for Shanghai to build a future industrial innovation highland, the Shanghai Municipal Commission of Economy and Information Technology, in conjunction with the Organization Department of the Municipal Party Committee, the Municipal Development and Reform Commission, and the Municipal State owned Assets Supervision and Administration Commission, jointly organized the 2023 Global "Future Industry Star" Competition. The competition is based on an international perspective and focuses on cutting-edge technology and application innovation globally. With a dual drive model of "project+talent", it promotes technological innovation and industrialization of achievements in the future industrial field.
The five major areas of "future industries" are the key directions for Shanghai's development, and industrial development cannot be separated from the watering of "financial vitality". Shanghai Bank is supporting the development of "future industries" through a clear "roadmap". As the only designated cooperative bank for this competition, Shanghai Bank provides comprehensive financial services for the participating projects, helping them develop and grow.
"We plan to fully mobilize our 5 branches in the Shanghai region, covering 16 administrative regions, targeting 5 major directions and 16 sub sectors of Shanghai's future industries. We will provide excellent services for sub sectors and regions, and release the Shanghai Bank's action plan for serving Shanghai's future industry development. Through special funding support, special product combinations, and special service plans, we will provide targeted and comprehensive support for the development of key industries in each region," said the relevant person in charge of Shanghai Bank.
Plan to move and deepen the subdivision of the track
In recent years, Shanghai Bank has made efforts in science and technology innovation, green, and manufacturing industries, continuously improving its financial service capabilities. To support the development of specialized, refined, and innovative enterprises, and promote the high-end, intelligent, and green development of the manufacturing industry, the bank has jointly established the "Life and Health Joint Innovation Center" with Shanghai Jiao Tong University and Zhangjiang Group, focusing on supporting research and development and achievement transformation projects in related fields; Establish a communication mechanism with the Shanghai Stock Exchange for "personnel recruitment 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.
Shanghai Bank serves the full lifecycle needs of enterprises through innovative products and expanding service content. The bank provides intellectual property pledge financing services to science and technology innovation enterprises through innovative models such as patent licensing revenue pledge financing, 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; Explore investment loan linkage and provide financial support for the integration of stocks and bonds for high growth enterprises; Integrating external resources from politics, industry, academia, and research, collaborating with professional institutions and research institutions, we have established two science and technology innovation laboratories, "Integrated Circuit" and "Life and Health", and have initially formed a multi-party cooperation model for key industries.
Shanghai Bank emphasizes that in order to serve the development of scientific and technological innovation enterprises, it is necessary to strengthen organizational support and promote business development through specialized scientific and technological innovation teams. Secondly, we need to strengthen the construction of channels and ecosystems. We will continue to strengthen the connection and linkage with the government and platform associations, establish cooperation mechanisms with investment institutions, securities firms, PE/VC, and industrial funds, and build a mutually beneficial and win-win model of industry research, customer mutual recommendation, and complementary services to ensure the full play of the role of investment and loan linkage. Thirdly, we need to strengthen product innovation services. Promote the application of science and technology innovation evaluation models through new products such as science and technology innovation investment loans. Continuously optimize products based on the different needs of technology-based enterprises throughout their entire lifecycle.
As of the end of June 2023, the balance of Shanghai Bank's technology oriented enterprise loans was 130.4 billion yuan, an increase of 25% compared to the end of the previous year; In the "2023 Top 100 Shanghai Hardcore Technology Enterprises" released at the Shanghai Industrial Technology Innovation Conference, more than half of the service enterprises are covered.
It is worth noting that Shanghai Bank is deeply cultivating the clean energy track and has launched the "Green Tree City Bank" green finance brand to serve the real economy; Continuously promoting product innovation, increasing direct financing support for the clean energy sector, and providing one-stop and comprehensive green investment and financing services for enterprises and their industrial chains through various channels.
As of the end of June 2023, the balance of Shanghai Bank's green loans exceeded 88.9 billion yuan, an increase of 36% compared to the end of the previous year; The balance of green bond investment exceeded 17.5 billion yuan, an increase of 53% compared to the end of the previous year.
Originating from Pujiang and rooted in Shanghai, Shanghai Bank will focus on 16 sub tracks in 5 major directions: future health, future intelligence, future energy, future space, and future materials, to assist Shanghai in opening up new fields and tracks for development, continuously shaping new driving forces and advantages for development, and striving to build a future industrial innovation highland with global influence.