On April 26, the 23^rd World Intellectual Property Day, the phase III of “CTEX-ZGC Guarantee-Changjinag Securities IP Assets backed Special Plan was successfully issued on Shenzhen Stock Exchange.

The AAAsf-rated Plan aims to raise 390 million yuan, in which Class A accounting for 115 million yuan at an issue interest rate of 3.2%; and Class B accounting for 274 million yuan at a rate of 3.5%. It provides IP financing support for 15 high-tech enterprises located in ZGC Science City, including 5 companies specialized in niche sectors.

The patent pool comprises 48 invention patents and 9 utility models in the fields of new-generation information technology, energy conservation, and environmental protection, with a total assessed value of 465 million yuan. The size and interest rate of the issuance both reflect the good quality of the underlying assets.

With ZGC Sci-tech Guarantee as the credit enhancement agency, this special plan was successful approved for shelf registration with a scale of 1 billion yuan by Shenzhen Stock Exchange on April 30, 2021. This is the first patent license IP securitization project in Beijing.

In the past two years, ZGC Sci-tech Guarantee and its partners have jointly explored and promoted the special plan to support IP assets, which has been recognized and praised by technology firms. Eventually, the shelf registration scale of Phase I-III of this plan reached 929 million yuan, serving enterprises 45 times in total.