From this bank, Shanghai's first head office level technology finance business unit unveiled Shanghai Rural Commercial Bank | Enterprise | Shanghai's first head office
The internal structure of Shanghai's banking industry is quietly undergoing changes with service innovation. On June 21st, the Technology Finance Division of Shanghai Rural Commercial Bank was officially unveiled, which is also the first technology finance division at the head office level in the banking industry in Shanghai.
At the beginning of this year, Shanghai Rural Commercial Bank's "Xin Energy" strategic emerging customer cultivation plan was upgraded to version 3.0, creating a collaborative ecosystem "Xin Ecology" with science and technology innovation enterprises as the core. The bank collaborated with government agencies, exchanges, securities companies, investment institutions, service institutions, and others to tailor to the different needs of science and technology innovation enterprises at different growth stages, providing "six dimensional empowerment" such as industry integration, policy docking, investment recommendation, professional guidance, talent management, and financial technology, to safeguard the development of science and technology enterprises. As of the end of 2022, Shanghai Rural Commercial Bank has cumulatively served nearly 6000 technology-based enterprises, with a loan balance of over 71 billion yuan for technology-based enterprises, serving over 30% of "specialized, refined, and new" small and medium-sized enterprises and nearly 50% of "specialized, refined, and new" small giant "enterprises in the city.
It is reported that the Agricultural and Commercial Bank of China will also focus on building a number of technology characteristic branches, cultivating a group of professional talent teams, and serving a group of innovative technology enterprise key projects in the future. It will achieve full coverage of science and technology innovation center carriers and clusters such as Zhangjiang High tech Park, Lingang Free Trade Zone, Caohejing Development Zone, G60 Science and Technology Innovation Corridor, and Da Linghao Bay.
At the unveiling ceremony, Shanghai Rural Commercial Bank also officially released the "Xinlian Loan" product plan, partnering with high-quality private equity investment funds to provide more accessible, affordable, and sustainable financial services tailored to the financing characteristics of early - and medium-term science and technology innovation enterprises.
In the "Xinlian Loan" product plan, Shanghai Rural Commercial Bank provides certain credit support to high-quality scientific and technological innovation enterprises that have been invested in by cooperative investment institutions, thereby providing comprehensive financial services of "stock+debt" for scientific and technological innovation enterprises. Xinlian Loan evaluates the value and growth potential of science and technology innovation enterprises in the early and middle stages with a venture capital oriented credit mindset, and deeply interacts with investment institutions to deepen their understanding of the industry and technology, thereby better addressing their pain points and needs. At the same time, by linking with the "Xin Energy" strategic emerging customer cultivation plan within the industry, we provide continuous cultivation and services throughout the entire lifecycle for the enterprise.