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Live Updates  >  Live Update Details

2025-07-29 09:53:35

[Zhejiang: By 2027, newly listed companies in the technology sector will account for over 80% of all newly listed companies] The "Several Measures of Zhejiang Province on Empowering Innovation in Zhejiang with Science and Technology Finance and Developing New Productivity in Accordance with Local Conditions (Draft for Comment)" is open for public comment. It mentions supporting the listing and mergers and acquisitions of technology-based enterprises. Accelerate the listing of technology-based enterprises, with a focus on supporting the listing and financing of technology-based enterprises that undertake major national and provincial scientific and technological tasks and have achieved breakthroughs in key core technologies. Focusing on the entire chain of enterprise listing development, multi-dimensional empowerment will be provided, including echelon cultivation, atmosphere creation, value enhancement, supporting services, and expert guidance. By 2027, newly listed companies in the technology sector will account for over 80% of all newly listed companies. Government investment funds will be encouraged to collaborate with listed companies and leading technology companies to establish merger and acquisition funds, increasing support for mergers and acquisitions of technology-based SMEs. Actively pursue pilot programs for merger and acquisition loans for technology companies, increasing the loan ratio to 80% of the transaction price and extending the loan term to 10 years.

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