Beijing IP Operation and Management co., Ltd. (“Beijing IP”) and the Management Committee of Tianjin Binhai Hi-tech Industrial Development Zone (“Tianjin Binhai Hi-tech Zone”) officially signed a strategic cooperation agreement on Nov. 20, 2019, to channel the service modes for IP financing and professional service resources from Beijing Zhongguancun into Tianjin. 

In the future, with the IP pledge financing as its starting point, Beijing IP will lend every effort in building an IP financial service system that is in line with the industial characteristics of Tianjin, to set an example for the collaborative development of Beijing and Tianjin. This is also an innovative measure of Beijing IP to carry out the above-mentioned cooperation.  

As a holding subsidiary of ZGC Development Group and a pioneer in the IP operation industry, Beijing IP has gained rich experience in exploration and practice of operation modes for IP localization based on the principle of “vitalizing intellectual assets and facilitating value realization”. It has launched IP pledge financing (also known as “Intellectual Property Financing Program”), IP big data analysis, cultivation and operation of high-value patents among other innovative service modes, becoming a leading institution of IP operation in China.

This agreement marks the establishment of a long-term formal strategic partnership between the two parties. They will actively promote “Intellectual Property Financing Program” in Tianjin, set up a risk compensation fund pool for IP pledge loans, so as to alleviate the financing difficulties faced by sci-tech enterprises whose main assets are intellectual properties, according to the agreement.

They will also make strategic investment in an IP service platform to link Beijing’s professional service resources, such as IP finance, IP analysis and assessment, cultivation and operation of high-value patents. They will carry out exploration in the fields of IP financing lease and IP asset securitization and so on, focusing on a collaborative application model of IP in Beijing and Tianjin, to help Tianjin Binhai High-tech Zone develop in a high-quality and high-level way.