Financial Services Association, September 14 (Reporter Guo Zishuo) On September 13, the 2nd China Financial Industry Annual Conference and “Topology Award” award ceremony hosted by the Financial Association was held in Lujiazui, Shanghai. Representatives from dozens of financial institutions from various financial fields such as banks, insurance, trusts, and financial managers gathered together to have lively discussions and in-depth exchanges on the theme of “Pioneering a New Stage of Financial Development”.

At the round table, Wang Huili, Party Secretary and Governor of the Shanghai Branch of the Bank of Nanjing, shared wonderful views on “How Five Major Articles Will Reshape the Financial Industry”.

Wang Huili explained the practice of the “Five Great Articles” in the banking industry, especially urban commercial banks, from three levels. Wang Huili pointed out that the “Five Great Articles” is a national strategy, and the financial industry's active acceptance and integration into it is a process from simple to deep. From the perspective of the country's macro-strategy, green finance, pension finance, and inclusive finance are all significant. From the perspective of the political and popular nature of finance, commercial banks must write “five major articles.”

From a mesoscopic perspective, for urban commercial banks like the Bank of Nanjing, this is a major opportunity for their own development, a key engine and an important gripper for transformation and development. For example, green finance will have a huge investment scale in the next 30 years. This is a rare development opportunity, and the Bank of Nanjing has also achieved great results in technology finance. This is an important opportunity to transform and seize new opportunities. From a microscopic perspective, the actual situation is grim, such as climate warming and the acceleration of the aging process. Everyone is responsible for the “five major articles” on green finance, pension finance, etc.

On the question of how urban commercial banks can arrange technology finance more efficiently, Wang Huili explained in light of the Bank of Nanjing's full-process services for technology-based enterprises.

Wang Huili said that the Bank of Nanjing has been involved in technology finance services for 13 years since 2011. The head office has provided support to more than 0.05 million technology-based enterprises and invested more than 600 billion dollars in technology finance loans. The development of technology finance has gone through three stages: In the first stage, the Bank of Nanjing's technology finance adheres to the concept of supporting small, early, and hard technology. The Shanghai branch followed the steps of the head office and adopted methods of supporting early-stage technology-based enterprises by linking investment and loans and increasing claims with small equity. In the second phase, the service model was upgraded to version 2.0. In August, the first government park investment fund was launched in Shanghai's Pudong New Area. The government, science and technology parks, banks, and investment institutions joined forces to integrate government policy resources, bank credit resources, and equity investment advantages of investment institutions to jointly empower technology-based enterprises. In the third phase, the Bank of Nanjing is focusing on building an ecosystem. In addition to the advantages of the 2.0 version, it also plans to integrate upstream and downstream resources of technology-based enterprises to provide services for the whole process, life cycle, and product.