(1) Technology and Financial Cluster Area
The Dongguan Songshan Lake Technology and Financial Cluster Area is the core hubof technology and finance in Dongguan. With the goal of establishing four new centers in policy innovation, institutional aggregation, product innovation, and financial services, it empowers Dongguan’s technological innovation and industrial upgrading.
The park has coordinated the creation of a 10-billion-yuan fund of funds for industrial investment and a 1-billion-yuan fund of funds for venture capital, focusing on the “1+5+1+X”industries in Songshan Lake, building a fund system that covers the entire lifecycle of tech and innovation companies. Dongguan has set up a 5-billion-yuan strategic emerging industry guidance fund, with Songshan Lake's finance participatingto leverage social capital to boost industry development.
(2) Core Financial Policy
The park has establishedan annual risk compensation fund pool of 100 million yuan. For financing projects of small and medium-sized enterprises, the compensation ratio for a single loanloss is up to 50% of the actual principal loss of the financing, effectively reducing lending risk for financial institutions and improving access to financingfor tech-based enterprises.
Subsequently, the parkwill organize and translate nine core policy documents on technology finance, listing support, and fund aggregation to comprehensively showcase its financial support system.