Beijing IP Operation and Management Co., Ltd. (“Beijing IP”), a member of ZGC Development Group, and Beijing Zhongguancun Bank Co., Ltd. (“Zhongguancun Bank”) have recently reached strategic cooperation on IP finance. The two sides will make full use of their advantages in resource aggregation to jointly provide quality services, such as IP pledge loans, for Zhongguancun-based technology companies.

Through win-win cooperation, Beijing IP and Zhongguancun Bank provide enterprises with up to 50 million yuan of IP pledge loans, with financing costs subsidized by the government.

Beijing IP will give full play to its professional capabilities and provide Zhongguancun Bank with business support in IPR pledge loans, such as IPR analysis and evaluation, disposal and operation, and risk sharing, and provide enterprises with full-chain services, in terms of IP mining and layout, early-warning analysis, and right protection, to help them grow faster and better.

At the signing ceremony, both sides also reached a consensus on the role of IP protection in supporting sci-tech innovation and industrial development. They agreed that Beijing IP and Zhongguancun Bank should take this cooperation as an opportunity and a starting-point to strengthen their connections, explore more good models and practices, and add new momentum to sci-tech innovation.