Recently, Beijing Mentougou District Market Supervision Administration and the Group's Beijing Intellectual Property Operation Management Co., LTD. (referred to as "Beijing IP") officially co-built a capital pool of 20 million yuan for IP pledge financing risk disposal. This initiative aims to further alleviate enterprises' financing challenges, with risks shared by both the government and the market.

This is the fourth risk disposal capital pool led by Beijing IP, following those in Haidian, Shunyi and Tianjin Binhai. The total size of the capital pools has reached 110 million yuan. They have effectively facilitated the development of local IP pledge financing business, allowing more MSMEs to turn their "intellectual property" into "assets".

As per reports, recognizing the large proportion of IP rights in the asset composition of Beijing enterprises, Beijing IP introduced a financial innovation product called "Zhirongbao" back in 2016. This product utilizes corporate IP rights as the sole collateral to effectively solve the financing problems of technology enterprises.

Up to now, "Zhirongbao" has served more than 280 enterprises, extended loans exceeding 1 billion yuan, and activated more than 1,800 patents, forming an ecosystem with a variety of participants, including governments, banks, guarantee institutions, evaluation agencies, intellectual property service organizations and other parties.

This time, thanks to its pioneering achievements in IP mortgage loans, patent analysis and valuation, and the disposal of collateral licensing deals, Beijing IP has the opportunity to take part in the construction of the Mentougou District risk disposal capital pool. In the future, Beijing IP will replicate the "Zhirongbao" model in more regions, extending its services to a broader range of technology enterprises in the Beijing-Tianjin-Hebei region and even the whole country.

Beijing IP and Mentougou jointly launched a demonstration project that leverages IP rights to help Mentougou’s high-quality development at the “Global Forum on IP Protection and Innovation”, on sub-forum of this year’s Zhongguancun Forum.  

In the next step, starting from IP finance and geographical indication cooperation, the two sides will put focus on developing Mentougou‘s three major industries of "artificial intelligence, ultra-high-definition digital audio-visual, and cardiovascular medical devices", and jointly create distinctive high-end industrial clusters and a regional innovation ecosystem.

The two sides will offer technology enterprises one-stop butler-style services such as assessment and evaluation, and financial support to facilitate the IP rights protection and transaction and transformation of high-value patents, trademarks, Copyrights and geographical indications, so as to further protect their innovation advantages and competitive edges.

The project will strive to develop a unique advantage in the Beijing-Tianjin-Hebei industrial system, aiding Mentougou in establishing itself as a forefront of innovation-driven development in western Beijing.