In order to thoroughly implement the innovation driven development strategy, lead the construction of strategic emerging industry system with technological innovation, expand the total scale of technology-based enterprises, vigorously cultivate new quality productivity, create industrial innovation clusters, and continuously shape new driving forces and advantages for development, this implementation method is formulated.

　　1、 Policy objectives and scope

　　（1） Construction Goal

　　Gather a number of scientific and technological achievement transformation projects and hard technology enterprises in the fields of artificial intelligence, new energy storage, new materials, and intelligent equipment manufacturing, open up new fields and tracks for development, continuously shape new driving forces and advantages for development, and promote the acceleration of the formation of new quality productivity in Zhongkai High tech Zone.

　　1. Attract and cultivate a group of scientific and technological innovation projects. Attract a group of science and technology innovation projects with high-tech content, high-level talents, high growth potential, and social capital attention, accelerate the gathering of technology-based small and medium-sized enterprises, high-tech enterprises, specialized and innovative "little giants" enterprises, unicorn enterprises, and listed science and technology innovation enterprises, and build a technology-based enterprise cluster.

　　2. Attract and gather a group of technological talents. Give full play to the guiding role of talent policies, focus on the two-way integration of the industrial chain and innovation chain, and attract high-level talents who lead innovation and entrepreneurship projects.

　　3. Transfer and transform a batch of technological achievements. Focusing on the missing links, high value-added links, bottleneck links, and major technological needs of enterprises in the key industrial chain of the high-tech zone, with a focus on scientific and technological achievements with "excellent industrial level, high technological level, and good industrialization prospects", we will accelerate the organization of achievement transformation, achievement trading, joint research and development, industry university research cooperation, and promote more high-quality scientific and technological achievements to be directly transformed, cooperatively transformed, and transferred to the high-tech zone.

　　（2） Scope of application

　　This method applies to technology-based enterprises registered in the Zhongkai High tech Zone (hereinafter referred to as the "High tech Zone") with their place of business registration, tax collection and management relationships, and statistical relationships, or relevant scientific research units, public service platforms, innovation carriers, and other institutions recognized by the High tech Zone as eligible for support (managed and operated in an enterprise like manner).

　　2、 Strengthen technological and financial support, accelerate the cultivation of new quality productivity

　　Supporting the development of seed and growth stage technology innovation enterprises, state-owned funds, social investment institutions, etc. will make equity investments in technology enterprises based on due diligence.

　　（1） Supporting objects

　　Seed stage enterprises refer to enterprises that have been established for no more than 5 years, have no more than 100 employees, have more than 30% of the total number of scientific and technological personnel directly engaged in research and development, have total assets not exceeding 10 million yuan, and annual sales or revenue not exceeding 10 million yuan.

　　Growth stage enterprises refer to enterprises with independent intellectual property rights, no more than 500 employees, total assets not exceeding 200 million yuan, and annual sales or revenue not exceeding 200 million yuan.

　　（2） Support methods

　　Investment funds are supported in the form of direct equity investments, convertible bonds, and other forms. Technology oriented enterprises can choose between targeted equity investment support mode or market-oriented valuation equity investment support mode to obtain investment funds.

　　（3） Support amount

　　1. Targeted equity investment

　　Since the establishment of seed and growth stage enterprises, those who meet one of the following conditions can enjoy corresponding amounts of equity investment.

　　(1) Seed stage enterprises

　　① In the past three years, the compound annual growth rate of operating income and operating profit growth rate have both exceeded 200%, and an investment of no less than 750000 yuan will be given.

　　② The main clients come from top 500 international enterprises and top 500 private enterprises in China, with investments of no less than 750000 yuan and 500000 yuan respectively.

　　③ Enterprises or their founders and technology leaders shall take the lead in formulating international standards, national standards, and industry standards, and shall provide investments of no less than 750000 yuan, 500000 yuan, and 300000 yuan respectively.

　　④ Patent holders or inventors who have won the National Patent Award Gold, Silver, and Excellence Awards shall be granted investments of no less than 750000 yuan, 500000 yuan, and 300000 yuan, respectively.

　　⑤ The first and second completion units or individuals who have won the first prize of the National Science and Technology Progress Award shall be given a minimum investment of no less than 1 million yuan and 500000 yuan respectively;

　　The first and second completion units or individuals who have won the second prize of the National Science and Technology Progress Award shall be given a minimum investment of no less than 750000 yuan and 350000 yuan respectively;

　　The first and second completion units or individuals who have won the first prize of the Provincial Science and Technology Progress Award shall be given a minimum investment of no less than 750000 yuan and 350000 yuan respectively;

　　The first and second completion units or individuals who have won the second prize of the Provincial Science and Technology Progress Award shall be given a minimum investment of no less than 500000 yuan and 250000 yuan respectively.

　　(2) Growth stage enterprises

　　① In the past three years, the compound annual growth rate of operating income and the growth rate of operating profit have both reached over 100%, and an investment of no less than 3 million yuan will be given.

　　② The main clients come from top 500 international enterprises and top 500 private enterprises in China, with investments of no less than 3 million yuan and 1.5 million yuan respectively.

　　③ Recognized as a national level specialized and innovative "little giant", with an investment of no less than 1.5 million yuan.

　　④ Enterprises or their founders and technology leaders shall take the lead in formulating international standards, national standards, and industry standards, and shall provide investments of no less than 3 million yuan, 1.5 million yuan, and 1 million yuan respectively.

　　⑤ Patent holders or inventors who have won the National Patent Award Gold, Silver, and Excellence Awards shall be granted investments of no less than 3 million yuan, 1.5 million yuan, and 500000 yuan, respectively.

　　⑥ The first and second completion units or individuals who have won the first prize of the National Science and Technology Progress Award shall be given a minimum investment of no less than 3 million yuan and 1.5 million yuan respectively;

　　The first and second completion units or individuals who have won the second prize of the National Science and Technology Progress Award shall be given a minimum investment of no less than 1.5 million yuan and 750000 yuan respectively;

　　The first and second completion units or individuals who have won the first prize of the Provincial Science and Technology Progress Award shall be granted an investment of no less than 1.5 million yuan and 750000 yuan respectively;

　　The first and second completion units or individuals who have won the second prize of the Provincial Science and Technology Progress Award shall be given an investment of no less than 1 million yuan and 500000 yuan respectively.

　　Enterprises shall receive investment based on the cumulative amount of investment quota corresponding to the conditions, with a cumulative investment amount not exceeding half of the enterprise valuation. State owned funds, social investment institutions, etc. shall invest on the basis of due diligence. In principle, the state-owned fund shall contribute no less than 50% of the targeted equity investment quota. The specific contribution ratio shall be subject to the investment agreement signed by both parties. If the self owned funds of the district level state-owned fund investment are insufficient, the district level finance department shall contribute to inject them into the district level state-owned venture capital fund, and the district level state-owned venture capital fund shall provide investment guarantee.

　　2. Market oriented valuation of equity investment

　　For technology-based enterprises, the equity investment support model based on market-oriented valuation shall be determined through consultation between state-owned funds and social capital, and the investment amount shall be determined according to the market-oriented valuation method.

　　（4） Exit mechanism

　　Equity investment, in principle, can be repurchased by the entrepreneurial team of the invested enterprise or its designated related parties within 5 years according to the agreed mechanism. The specific exit mechanism is agreed upon in the investment agreement or separately agreed upon through mutual consultation. Convertible bond investment, with a term generally not exceeding 3 years. Upon the expiration of 3 years, the evaluation will determine whether to extend the term to 5 years or convert it into equity investment, but the maximum term shall not exceed 5 years.

　　3、 Guiding state-owned enterprises to collaborate and accelerate the development of high-tech industry clusters

　　（1） Rent support mechanism. For technology-based enterprises that have entered the state-owned carrier accelerator, if they are rated as high-tech enterprises, specialized and new enterprises, or specialized and new "little giant" enterprises within three years from the date of entry, state-owned carriers are encouraged to provide eligible enterprises with a maximum rent free period of no more than one year from the date of recognition.

　　（2） Property purchase support. For enterprises included in the statistical database of the high-tech zone that purchase state-owned research and development and production buildings within the high-tech zone, state-owned property owners are encouraged to negotiate through market-oriented mechanisms, and a minimum fee of 70% of the actual property purchase price of the enterprise can be charged. Enterprises that enjoy the support of this clause shall commit to using no less than 50% of the property area for their own use, and shall not resell or distribute the purchased discounted properties to the public within 10 years; If the enterprise resells or distributes the purchased discounted property to others, it is required to fully pay the amount of the purchase discount.

　　4、 Vigorously expanding scene investment and forming new increments for the development of emerging industries

　　Strengthen the opening up of government and state-owned enterprises and institutions, provide demonstration space for the application of new technologies, products, and models, and accelerate the comprehensive promotion and application of scene innovation achievements. Adhering to the principle of "managing industries must manage scenario investment", various government departments in charge of business must sort out a batch of innovative application scenarios for new technologies, industries, and models in the fields of finance, healthcare, transportation, energy, education, etc., and open them to the society. Through open bidding in accordance with the law, a number of investment targets involving technology enterprises will be created, and policies such as state-owned funds, financing guarantees, loan interest subsidies, and reward subsidies will be used to support scenario application development and attract enterprises to settle in the high-tech zone.

　　Accelerate the digital transformation and equipment upgrading of industrial enterprises, and select no less than 200 enterprises each year to meet the demand for building digital innovation scenarios. Support local enterprises in selecting innovative technology solutions through forms such as "unveiling the list and leading the way" and holding innovation scenario application competitions. Support innovative solution providers to settle in the high-tech zone and become bigger and stronger. A one-time reward of 2% of the main business income of the enterprise in the current year will be given to the solution provider based on the orders received. The maximum cumulative reward amount for a single enterprise shall not exceed 1 million yuan.

　　5、 Encourage social capital participation and expand the scale of equity investment in technology investment promotion

　　Encourage social investment institutions to invest in technology-based enterprises and facilitate targeted equity investments in technology-based enterprises within the district. The High tech Zone sets up a special incentive fund of no less than 1 million yuan per year. For investment institutions that settle in the High tech Zone and actually invest in high-tech enterprises (non fund affiliated enterprises) in the High tech Zone in the previous year, the total investment amount shall not be less than 20 million yuan, and a one-time reward of 1% of the total investment amount shall be given to their executive team.

　　6、 Create a "Golden Seed" brand campaign to enhance the influence of technology investment brands

　　By dynamically collecting the list of production and financing projects in the high-tech zone, we aim to create the "Zhongkai Golden Seed" technology enterprise production and financing roadshow brand. Organize roadshows with industry themes such as artificial intelligence, new energy storage, new materials, and intelligent equipment manufacturing to provide rich and accurate information on production and financing needs for equity investment funds in the high-tech zone, help technology-based small and medium-sized enterprises connect with the supply chain and technical services of core enterprises, and gradually build a large database of technology-based enterprise investment in the city.

　　7、 Establishing a due diligence and exemption mechanism to stimulate new vitality of state-owned funds' willingness to invest and try

　　Establish a due diligence exemption mechanism for targeted equity investments in technology-based enterprises using district owned state-owned funds. Due diligence exemption should meet the following conditions:

　　（1） Necessary research and demonstration were conducted on the proposed investment project before investment, and the investment decision-making process was strictly followed;

　　（2） After the investment was completed, the project was effectively tracked and managed, and the project operation was regularly reported;

　　（3） The specific investment tolerance rate should not be less than 70% in principle.

　　When investment losses occur, if the management institution meets any of the following conditions during the investment management process, the management institution shall be exempted from relevant investment loss responsibilities:

　　（1） During the operation process, due to national policy adjustments, the work did not achieve the expected results;

　　（2） Investment losses caused by problems in the selection of technology and process routes for technology-based enterprises;

　　（3） Investment losses caused by force majeure and other factors;

　　（4） Investment losses caused by the enterprise entering into legal procedures such as bankruptcy reorganization or liquidation after fulfilling project investment decisions or approval procedures in accordance with regulations;

　　（5） Other circumstances recognized by the district management committee as meeting the conditions for due diligence exemption.

　　8、 Other

　　（1） Seed stage and growth stage enterprises should truthfully provide financial statements, audit reports, tax payment certificates, and other materials related to calculating revenue growth rates, and shall not falsify or falsify financial growth through consolidated financial statements or other forms. Once fraudulent behavior is discovered, all state-owned fund investment funds, rewards, etc. will be withdrawn, and the enterprise will be included in the list of dishonest individuals.

　　（2） By establishing a joint meeting system for technology investment projects in Zhongkai High tech Zone, the recruitment and cultivation work of technology investment projects in the entire district will be reviewed.

　　9、 Noun Explanation

　　（1） Targeted equity investment refers to providing corresponding amounts of equity investment to technology-based enterprises that meet specific conditions.

　　（2） The main customers refer to revenue from Fortune 500 companies accounting for 70% or more of the total operating income.

　　（3） All figures involved in this policy include this number.

　　10、 Supplementary Provisions

　　This implementation method is interpreted and revised by the science and technology department of the High tech Zone. This implementation method shall come into effect 30 days after its issuance and shall be valid for 3 years. In case of changes in laws, regulations or relevant policies, follow their provisions.