World's First! Zhengzhou Aviation Economy Zone Sets Up 1 Billion Risk Compensation Fund, Breaking Down Financing Bottlenecks for Tech-Labelled Enterprises Outside

【Big River Finance Cubes Reporter Pu Fengfeng】In recent days, the Zhengzhou Aviation Economy Zone has once again taken innovative measures in the field of technology finance - the "Zhengzhou Aviation Economy Zone Technology-Based Small and Medium-Sized Enterprises Financing Risk Compensation Method" (hereinafter referred to as the "Method") has been officially launched, introducing a nationwide first "Technology-Based 'White List' Enterprises + Financing Risk Compensation" system. This is specifically designed to break down the financing difficulties faced by tech-labeled enterprises outside of national and provincial certification, and accelerate the construction of Zhengzhou Aviation Economy Zone as a national technology finance innovation landmark.

For a long time, tech-labeled small and medium-sized enterprises have faced financing difficulties due to lack of authoritative certification, light assets, and mismatched research and development cycles. This time, the Zhengzhou Aviation Economy Zone has taken the lead in breaking through traditional policy frameworks and set up a total scale of 1 billion yuan's technology credit risk compensation fund. The policy benefits will be extended to "potentially strong" groups outside of the tech-labeled system, guiding financial resources towards technological innovation and early-stage entrepreneurship.

In terms of risk compensation design, the "Method" builds a differentiated precise compensation system: for loan recipients recognized by national, provincial technology, and industry departments as tech-labeled enterprises but not first-loan borrowers, 50% of the loss compensation will be provided to banks; for loan recipients recognized by Zhengzhou Aviation Economy Zone as tech-based "white list" enterprises or first-loan borrowers, 60% of the loss compensation will be provided to banks; and for government-backed financing projects with participating government-guaranteed financial institutions, a 20% share of the guarantee amount will be allocated, from a policy perspective, providing financial institutions with a "dare-to-lend" security net, fully playing the role of fiscal funds as a lever effect.

According to reports, as a new high land for Henan Province's industrial development, Zhengzhou Aviation Economy Zone has established a characteristic technology finance development model with the features of "systematic layout", "innovative breakthrough", and "practical landing" in financial services for early-stage entrepreneurs. It has launched the province's first state-owned investment fund management method, the province's first technology finance implementation plan; jointly landed the country's first medical device and pharmaceutical certificate value conversion financing product "Medical Certificate Loan" and the province's first comprehensive insurance product "Technology Insurance"; established a science and technology innovation zone granting mode, driving China Construction Bank and Industrial and Commercial Bank of China to provide white-listed access and loans for six enterprises with nearly 50 million yuan; held six sessions of "Financial Forum" in the first half of the year, attracting over 40 financial institutions and over 100 enterprises to participate, completing loan disbursements of nearly 4 billion yuan, and further improving the financial ecosystem and releasing innovative vitality.

Appendix: Zhengzhou Aviation Economy Zone Technology-Based Small and Medium-Sized Enterprises Financing Risk Compensation Method

Editor-in-Chief: Tao Jiyan | Reviewer: Li Jinyu | Auditor: Li Zhen | Supervisor: Gǔ Dīng