On the 9th, Cao Yuanyuan, deputy director of the Financial Markets Department of the People's Bank of China, proposed a four-point initiative for market institutions participating in science and technology innovation bonds at a science and technology innovation bond launch and intensive roadshow hosted by the Association of Dealers and hosted by Beijin: First, issuers should make good use of funds to raise funds, focus on the needs of the country's science and technology strategy, and increase financing support for the technology industry and technology-based enterprises with important influence. Second, investors should establish a long-term value investment concept for science and technology innovation bonds, actively participate in market investment and trading, increase their activity in science and technology innovation bond trading, and share technology dividends. Third, we hope that intermediaries will combine the unique financing characteristics of science and technology innovation enterprises to design bond products that better match the investment and financing needs in the field of science and technology innovation, and enhance financial services for science and technology innovation enterprises throughout the entire cycle and life chain. Fourth, we hope that self-regulatory organizations will further strengthen information disclosure and risk monitoring to ensure that the principle of market-based legalization continues throughout science and technology innovation bonds.

On the 9th, Cao Yuanyuan, deputy director of the Financial Markets Department of the People's Bank of China, proposed a four-point initiative for market institutions participating in science and technology innovation bonds at a science and technology innovation bond launch and intensive roadshow hosted by the Association of Dealers and hosted by Beijin: First, issuers should make good use of funds to raise funds, focus on the needs of the country's science and technology strategy, and increase financing support for the technology industry and technology-based enterprises with important influence. Second, investors should establish a long-term value investment concept for science and technology innovation bonds, actively participate in market investment and trading, increase their activity in science and technology innovation bond trading, and share technology dividends. Third, we hope that intermediaries will combine the unique financing characteristics of science and technology innovation enterprises to design bond products that better match the investment and financing needs in the field of science and technology innovation, and enhance financial services for science and technology innovation enterprises throughout the entire cycle and life chain. Fourth, we hope that self-regulatory organizations will further strengthen information disclosure and risk monitoring to ensure that the principle of market-based legalization continues throughout science and technology innovation bonds.