Zhongguancun Technology Leasing Co., Ltd. (stock code: 1601.HK) is a listed platform owned by Zhongguancun Development Group and was established in Beijing in November 2012. With the mission of “discovering and nurturing unicorns to achieve the dreams of technology entrepreneurs”, we focus on supporting the technological transformation and growth of Chinese hard technology enterprises and opening up the “last mile” of industrialization of their scientific and technological achievements. We have deeply laid out hard technology tracks such as robots and intelligent driving, new energy vehicles and new energy, medical equipment and medical services, commercial aerospace and low-altitude economy, next-generation communication services and intelligent computing services, semiconductor materials and equipment, and low-carbon energy saving services. We have built a unique competitive advantage with “technological innovation, product innovation, and business model innovation” as the three major engines. Adhering to the concept of “growth is safety”, we use the position of “credit and value finder” to carry out core technological innovation, pioneered a growth credit rating model for science and innovation business entities, screened technology card assets, built a full-process risk control network using relational map+generative AI dynamic monitoring technology, and formed an adaptive prevention and control system through restructuring the transaction structure and implanted risk management genes to form an adaptive prevention and control system, and finally established a risk premium dynamic pricing mechanism to complete the advancement of the ability from traditional “risk avoidance” to active “risk immunity”, transforming risk management into a strategic moat for asset management. Adhering to the direction of creating value for customers, we pioneered the implementation of industry-finance integrated business through equity and debt linkage, and developed product matrices such as intellectual property leasing, project leasing, service leasing, sales leasing, etc., which can provide modular full-scenario financial solutions for science and innovation enterprises from equipment financing, marketing to operational optimization, and accurately respond to the capital needs of science and innovation enterprises at key nodes such as R&D, production expansion, mergers and acquisitions, etc., to achieve an efficient match between asset side and capital side. Based on the goal of high-quality development, we have created a trinity model of “equipment finance leasing+strategic equity investment+scenario-based value-added service”, which relies on 2,500+ high-growth customer resource pools to facilitate technology and market collaboration, attract innovative regional industrial capital and business partners to set up patience funds, open up the “technology card+scenario landing+capital exit” value transmission chain, and form an interlocked ecological closed loop of “demand insight - resource allocation - value realization” to help hard technology enterprises achieve the leap from “specialized and innovative” to “leading unicorns in the industry”, has built an ecological level for science and innovation enterprises A platform for value creation. The company relies on the three core competitive barriers of “a credit enhancement system empowered by digital intelligence, a two-round equity and debt strategy with full cycle coverage, and a value creation model with industrial and financial symbiosis”. It is not only a financial partner for science and innovation enterprises, but also a connector, accelerator, and amplifier for the industrialization of scarce hard technological achievements in the capital market. Looking forward to the future, we will continue to deeply cultivate the hard technology circuit, empower technological innovation, promote the deep integration of the financial and technology industries, and strive to become a world-class financial service provider for science and innovation.