Bank of Beijing Facilitates Private Equity Firms' Tech Innovation Bonds with Risk-Sharing Tools

Recently, Bank of Beijing supported Cornerstone Capital, Cowin Capital, and Shengjing Jiacheng in issuing technology innovation bonds backed by risk-sharing tools, with a total issuance of 900 million yuan. The raised funds will be channeled into high-tech manufacturing, strategic emerging industries, and other sectors through fund investments and equity financing, providing long-term capital support for technology-driven enterprises.

To bolster private equity firms in raising long-term bond financing for the "tech sector," the People's Bank of China introduced risk-sharing tools for tech innovation bonds. These instruments enhance creditworthiness by providing guarantees for Cornerstone Capital, Cowin Capital, and Shengjing Jiacheng, enabling tech firms and investment institutions to secure low-cost, long-cycle funding. Additionally, Bank of Beijing acted as a cornerstone investor, actively participating in the bond issuance. As a joint lead underwriter, the bank delivered end-to-end services—from structuring and roadshows to execution—ensuring the successful launch of these bonds. This initiative expands long-term funding channels for private equity firms and accelerates growth for hard-tech companies.

Bank of Beijing has pioneered a collaborative model with venture capital and private equity firms, covering the full investment lifecycle from fundraising to exits. Its "Equity-Debt Synergy Partnership Program" now engages over 1,000 VC/PE institutions. The bank is also a key player in the bond market’s tech sector, with tech innovation bond issuances exceeding 30 billion yuan by November, ranking 9th overall and 1st among city commercial banks. Notably, it facilitated BOE and Geely Holding in issuing China’s first tech innovation bonds, and assisted Legend Capital and Oriental Fortune Capital in launching the inaugural private equity-backed tech bonds, directing capital toward innovation and advanced manufacturing.

Moving forward, Bank of Beijing will deepen its commitment to innovation-driven development, leveraging risk-sharing tools to support more private equity financing. By exploring new pathways for financial backing in tech innovation, the bank aims to channel resources into early-stage, small-scale, long-term, and hard-tech ventures, aligning with the "Five Financial Priorities" to nurture cutting-edge productivity and fuel high-quality growth.