Shaanxi Finance Investment "Big Investment Bank": The 1 issue of "Qin Chuangyuan Bill" was officially released.

Shaanxi's financial investment to support "Qin Chuangyuan" was officially announce

Shaanxi Finance Investment "Big Investment Bank": The 1 issue of "Qin Chuangyuan Bill" was officially released.

Shaanxi's financial investment to support "Qin Chuangyuan" was officially announced.

In 2022, Shaanxi Financial Investment Co., Ltd., which has the functions of "managing wealth with wealth" and "managing wealth with investment", actively changed the mode of financial support for economic development, fully used the thinking of "investment bank", played the role of guiding fund, financial equity and financing fund, and drove many subjects to increase financial supply and factor investment, and continued to fully support the construction and development of "Qin Chuangyuan".

0 1

Guiding fund: guiding social capital to "enter the original" to support scientific and technological innovation

This paper introduces the investment business of Shaanxi provincial government investment guidance fund (hereinafter referred to as "guidance fund") in detail. As an important tool to change the financial investment mode, serve the real economy and future industries, the Guiding Fund has built an investment ecological chain covering seeds, angels, industries, mergers and acquisitions and policy funds since its establishment, laying a solid foundation for supporting the development of science and technology enterprises throughout their life cycle.

By the end of 2022, the Guiding Fund had carried out exchanges and cooperation with large central enterprises and well-known investment institutions such as Everbright Group, Aerospace Science and Technology Group, Zhongke Chuangxing, Tang Xing Kechuang, SDIC Hechuang, and accelerated the establishment of sub-funds. A total of 23 seed angels and industry sub-funds were established, with a total scale of 654.38+09.497 billion yuan, including 654.38+09 sub-funds in the field of science and technology, accounting for 80%.

The latest news we got is that Landingzi Fund has invested in 86 key industries such as advanced manufacturing, new energy, new materials and aerospace. The investment amount is 4.924 billion yuan, including 53 projects related to Qin Chuangyuan, with an investment amount of 3.574 billion yuan, accounting for 72.58% of the invested projects, providing financial guarantee for the transformation of scientific and technological innovation achievements and the development of strategic emerging industries in Shaanxi. At present, 28 enterprises in the invested projects have been awarded as national and provincial "specialized and innovative", "little giant", "unicorn" and "gazelle" enterprises.

The strategy of supporting Qin Chuangyuan's re-injection stems from the fact that the guiding fund is very inclined to the innovation driving gene represented by Qin Chuangyuan when investing in sub-funds.

The most striking thing is that the "wolf effect" was realized in 2022.

It can be seen from the follow-up articles that since Shaanxi Finance Investment began to participate in seed angel funds such as "Shaanxi Science and Technology Innovation Port Science and Technology Innovation Seed Fund" managed by Fengxi Fund in May 2020, it has successively invested in a number of high-quality transformation projects such as six-ring power transmission and Tian Yan energy storage, and actively tried a new model of "providing the first market" to help the industrialization of scientific and technological achievements. In particular, the six-ring transmission project broke the dependence on Japanese precision manufacturing equipment, realized the industrialization of a new type of industrial robot reducer, and became a typical representative of Qin Chuangyuan's "two-chain integration".

For example, "Shaanxi Kechuang Aerospace Seed Investment Fund" has successively invested in projects such as Zhongke Xiguang and Dingyi Technology, focusing on the aerospace industry. See details.

▲ Figure: The proportion of provincial-level guiding funds that have invested in sub-funds to support "Qin Chuangyuan"

In addition to investing in sub-funds, the Guiding Fund actively exchanged and cooperated with the "National Team" and successfully participated in the National Defense and Civil Technology Integration Industry Fund (with a total scale of 9.065 billion yuan, of which the Guiding Fund paid in 300 million yuan). At present, the National integration of defense and civilian technologies Industrial Fund has invested in two projects in Shaanxi with an investment of 400 million yuan.

In 2022, the guiding fund was built around six pillar industries and 23 key industrial chains in our province 14 Zhi Zi Fund, with a total scale of1157.3 billion yuan, of which the guiding fund subscribed 2.425 billion yuan, with a leverage magnification of 3.77 times.

According to industry insiders, from the investment scale and investment efficiency, it can be seen that the increasing efforts to guide funds to support scientific and technological innovation, achievement transformation, project landing and market application will become an important force to support the construction of Qinchuang Park's innovation-driven platform, accelerate the creation of innovative highlands in the western region and promote the high-quality development of Shaanxi's real economy.

02

Financial Shaanxi Army: Banks, Securities and Credit Insurance Gathered in "Qin Chuangyuan"

On June 7, 2022, 165438+ Shaanxi Financial Investment Co., Ltd. acquired 22% equity of Yong 'an Insurance held by Shanghai Fuxing System for 1794 billion yuan, and Shaanxi State-owned assets held more than 70% of the shares, regaining the "absolute control" of Yong 'an Insurance. 12 On June 5438+05, Shaanxi Financial Investment Co., Ltd. successfully increased its capital with 779 million yuan, holding 4.98% of the shares, becoming the third largest shareholder, which provided financial guarantee for its sustained and healthy development and new business.

The investment in the above two projects represents that Shaanxi Finance Investment has officially collected four licenses of "Bank Securities and Credit Insurance"! In addition, it also invests in AMC, credit enhancement, guarantee, private equity funds and other fields.

▲ Figure: Shaanxi Caitou Financial Equity Investment Quota

As the key to "managing wealth", Shaanxi Finance Investment mainly extends in two directions in supporting the development of Qinchuang Garden.

On the one hand, actively carry out financial equity investment, based on the business platform of provincial state-owned financial institutions, promote financial product innovation, and indirectly support scientific and technological innovation and serve entity enterprises.

Shaanxi Finance Investment, which exists as a shareholder, undoubtedly played a positive role in encouraging "financial Shaanxi Army to gather in Qin Chuangyuan".

For example, acquiring the equity of Yongan Insurance is an important part of improving the financial layout. It is reported that Shaanxi Finance Investment Co., Ltd. is assisting Yongan Insurance to improve its governance mechanism, accelerate business innovation, and explore technology insurance pilots.

For example, in the persistence of supporting open source securities, this local small brokerage firm has evolved into "the first brother of the North Stock Exchange", and has supervised 689 new three-board enterprises, including 178 innovative enterprises, and successfully sponsored many technology companies such as Tongxin Transmission and Tianrun Technology to land in the North Stock Exchange, creating a precedent for the development of Shaanxi brokerage industry.

For example, in the field of intensive investment banking, Changan Bank extended the term of R&D loan for technology enterprises to 10 year, which not only provided Qin Chuangyuan with credit support of 3 billion yuan, but also reduced its average annualized interest rate to 4.68%, saving costs for technology enterprises. By the end of 65,438+February, Changan Bank had granted loans of 8146 million yuan to 27 1 technology enterprises.

Qinnong Bank developed and launched new products such as "Qinkechuang" and "Specialized and Special New Loan", and extended it to "Longmen Loan" focusing on listing reserves. 65438+At the end of February, the loan balance of Qinnong Bank supporting the construction of "Qinchuangyuan" innovation-driven platform reached 765438+77 million yuan.

Shaanxi Guotou, the only listed trust company in the western region, has heard new news, which has provided 8 billion yuan of investment and financing for Qin Chuangyuan's infrastructure facilities and achievements transformation. At present, Qin Chuangyuan technology-driven series equity funds are jointly initiated with Haitong Capital to support universities and state key laboratories to carry out project research and transformation of results.

As for Shaanxi Jinzi, Shaanxi Re-guarantee, Shaanxi Zengxin and other capital injection targets, they have also given support to "Qin Chuangyuan" through guarantees and credit enhancement. For example, Shaanxi Jinzi initiated the establishment of "Qin Chuangyuan Double Chain Fusion Fund".

On the other hand, Shaanxi Finance Investment Co., Ltd. is actively expanding its business scope, accelerating the incubation and cultivation of technology enterprises by investing in new technology research and development platforms, and directly supporting the development of "Qin Chuangyuan".

In 2022, Shaanxi Finance Investment directly shot twice. First of all, it invested 300 million yuan in the Academy of Aerospace Sciences, holding 30% of the shares and becoming the second largest shareholder. Second, it invested 540 million yuan to win 20.70% equity of Xike Holdings and became its second largest shareholder.

A careful recall of these two straight shots highlights the "science and technology" and "investment banking" thinking of Shaanxi Finance Investment. After all, relying on the School of Aeronautics and Astronautics of Northwestern Polytechnical University, it has become a leader in the transformation of scientific and technological achievements in the province, and has hatched a number of star projects, such as voyage vacuum, aerospace supercomputer, blue sea and sky and sky. As one of the main bodies of implementing the investment operation mode of "one hospital, one institute", Xike Holdings actively incubates scientific and technological projects relying on the Institute of Optics and Mechanics of Chinese Academy of Sciences. At present, it has invested in incubating 4 15 hard science and technology enterprises with a total valuation of over 300 billion yuan, becoming a veritable hard science and technology corps in Shaanxi.

03

Alternative support: 65.438+0 billion financing fund announced to break ground.

In addition to guiding the fund and financial equity investment business, the "financing guarantee fund" supporting Xiao Weike's creation will officially enter the incubation period in 2022.

202 1, 10 Shaanxi provincial government financing guarantee fund (referred to as "provincial financing guarantee fund") was established by Shaanxi Provincial Department of Finance and Shaanxi Finance Investment, with a scale of 654.38 billion yuan, making it the sixth "provincial government financing guarantee fund" in China. The initial intention of the fund is to carry out three major businesses: equity investment, risk compensation and short-term liquidity support, to make up for the shortcomings of the guarantee system in our province, to stimulate the enthusiasm of guarantee institutions, to provide financing services for small and micro enterprises, and to help them develop.

The data shows that since March 2022, the provincial financing fund has invested a total of 5154 million yuan in short-term liquidity support funds, serving 84 1 household of small and micro enterprises, saving them more than 230 million yuan in capital cost.

During the communication with the person in charge of provincial finance, the financial lollipop learned that compared with the traditional bridge-crossing business, the short-term liquidity support business of provincial finance is characterized by high audit efficiency, low capital cost and short turnaround time, which can realize "cost and time saving". For example, in terms of capital cost, the use fee of short-term liquidity support funds of provincial financing funds is three ten thousandths per day, which is only110 of the market financing cost, thus greatly saving the borrowing cost. In terms of time cost, the time for lending is shortened from 15 days in the market to 3.5 days, and the time for approving lending is shortened to the shortest 1 hour, which is extremely efficient.

In order to actively respond to the innovation-driven development strategy, increase the support for science and technology enterprises and help the development of the real economy, with the support of many parties, Dan Rong Provincial Fund, as a new army established only 1 year, took the initiative to build a business network and rushed into the "Qin Chuangyuan".

The provincial financing fund has its own characteristics in building a network to support Qin Chuangyuan: on the one hand, it cooperates with financial institutions, broadens the financing channels for scientific and technological enterprises, and has signed up a total of 15 banks (including 93 county-level rural cooperative institutions) such as Agricultural Bank, Bank of China, China Construction Bank, Bank of Communications, Postal Savings, Chang 'an, Qinnong and Provincial Association.

▲ Figure: Dan Rong Fund signed a short-term liquidity support business with Changan Bank.

On the other hand, it is to give full play to the advantages of safeguarding resources and empower technology enterprises. At present, 34 guarantee institutions have been signed, accounting for more than 70% of the total number of government guarantee institutions. Financing business has spread all over Xianyang, Baoji, Ankang, Weinan, Huangling and other cities and counties, increasing the supply of financial services to technology enterprises.

According to a set of data, up to now, the Dan Rong Provincial Fund has provided 224 million yuan for 26 high-tech enterprises, 2/kloc-0 small and medium-sized scientific enterprises, 2 pharmaceutical GSP certified enterprises and 9 "specialized and innovative" enterprises, which has played a positive role in solving the financing problems of scientific and technological enterprises and helping scientific and technological innovation.

According to insiders, in 2022, the provincial financing fund will have an unexpected strong support, that is, the Shaanxi Provincial Department of Finance will transfer Shaanxi re-guarantee equity to Shaanxi Finance Investment (holding 72%), and Shaanxi Finance Investment and the provincial financing fund will make full use of the guarantee business channels and resources, forming a large network to support scientific and technological innovation, effectively improving the quality and efficiency of scientific and technological development. According to the current operating efficiency and business scale of the provincial financing fund, it is not difficult to guess that Shaanxi Finance Investment may also be the "key gentleman in the field of guarantee" in the future.

At this point, we judge that "Three Arrows Qi Fei" is the biggest feature of Shaanxi Financial Investment Company's re-injection of "Qin Chuangyuan" in 2022.

Facing the expectation of 2023, the relevant person in charge of Shaanxi Finance Investment said that in the next step, with the correct leadership and strong support of Shaanxi Provincial Department of Finance, Shaanxi Finance Investment will actively optimize the allocation of resources, make full use of financial instruments such as financial equity investment, fund investment, financing fund and market-oriented investment, actively explore the operation mode of "park+industry+project", build a wide-channel, multi-level and sustainable technology and finance service system, and actively increase the supply of financial services.