On August 17th, reporters learned from Hefei Economic and Technological Development Zone that the Hua’an‑Xingtai Leasing‑The Grand Union of Innovation‑Hefei ETZ Sci‑Tech Enterprise Intellectual Property Asset‑Backed Special Plan (Advanced Manufacturing) (hereinafter referred to as the Special Plan) was recently successfully established. As China’s first asset‑backed securitization (ABS) product integrating the “intellectual property + sci‑tech innovation + advanced manufacturing”, it blazes a brand‑new financing channel for asset‑light sci‑tech enterprises in Anhui Province to convert intellectual property rights into tangible assets.

Sci‑tech enterprises are generally asset‑light but IP‑intensive. Lacking fixed‑asset collateral required for conventional financing, they often face substantial obstacles accessing traditional funding channels. Intellectual‑property‑backed ABS addresses this bottleneck by turning corporate intangible intellectual property into tradable financial assets, opening up innovative financing avenues.

It is reported that, the special plan set a historic nationwide low interest rate of 1.55% for similar products nationwide, raising a total of RMB 69.3 million. The proceeds provide targeted funding to 11 high‑tech enterprises, unlocking value from 37 authorized patents, with over 70% of assets allocated to the advanced‑manufacturing sector within Hefei Economic and Technological Development Zone. This model directly targets the financing pain points of asset‑light enterprises short of collateral. It enables technological value to secure access to capital markets, marking a landmark innovation in applying intellectual‑property‑based finance to serve the real economy.

Source: Hefei Daily