Under the wave of new quality productivity development, the capital market, as the core hub integrating innovation, industry, capital, and talent chains, is providing increasingly precise support for the growth of sci-tech innovation enterprises. Liu Zhihui, President of Industrial Securities Co.,Ltd., recently emphasized that the company's strategy focuses on leveraging regional strengths and integrating with local industries. With Fujian as its strategic base, Industrial Securities has established a comprehensive, tailored sci-tech innovation service system through deep engagement with regional enterprises and resource allocation, injecting capital momentum into product upgrades for local sci-tech firms.
Liu Zhihui highlighted that the development of new quality productivity relies on the fusion of these four chains, with the capital market naturally serving as the nexus due to its risk-sharing and benefit-sharing mechanisms. Industrial Securities has elevated sci-tech innovation services to a core mission, launching an action plan targeting advanced manufacturing, IT, biopharma, and new energy sectors. The firm has built a full-chain service system centered on "investment banking + research + investment," supplemented by other business lines.
This strategy has yielded significant results: In 2024, nearly 70% of the company's investment banking projects were in the TMT sector, with approximately 50 equity projects related to new quality productivity in the pipeline. On the investment front, Industrial Securities Capital completed 13 such projects in H1 2025, marking an 85% YoY increase, with funding reaching RMB 550 million, up 134% YoY.
Regional expertise remains Industrial Securities' key advantage. As a Fujian-native brokerage, the firm has long positioned itself as the province's capital market leader, deeply engaging with local industrial clusters. Liu Zhihui noted that understanding regional dynamics is the starting point—the company has extensively analyzed Fujian's "Four Major Economies" and strategic emerging industries to prepare for serving sci-tech enterprises.
The core logic of their service lies in "integrating with enterprises." Through initiatives like the "Golden Seed" program, Industrial Securities provides end-to-end support for SMEs, from early-stage investment to IPO planning, pre-listing guidance, equity financing, and market cap management.
Resource allocation is heavily tilted toward Fujian: specialized teams are deployed across the province, a comprehensive service network ensures accessibility, and dedicated funds target early-stage enterprises aligned with new quality productivity. This approach has borne fruit—Industrial Securities has underwritten 60% of Fujian's STAR Market listings, with notable cases including福光股份 (Fuguang) and厦钨新能 (XTC New Energy Materials).
Liu Zhihui stressed that sci-tech innovation requires collaboration across government, industry, academia, and finance. Industrial Securities is actively building an open innovation ecosystem by partnering with governments on industrial funds, leveraging PE insights for capital operations, and deepening "investment banking + commercial banking" synergies.
Looking ahead, Industrial Securities will continue enhancing cross-business collaboration, strengthening industry-specific services, and expanding innovative financing tools to precisely support sci-tech enterprises at every development stage. "We aim to empower more innovators to break through core technologies and upgrade products, fueling new quality productivity with sustained capital momentum," Liu concluded.
The firm's transformation from Fujian's investment banking leader to a regional innovation hub offers a replicable model for capital markets to efficiently support technological self-reliance. By combining localized expertise with ecosystem-building, Industrial Securities demonstrates how financial institutions can catalyze regional industrial upgrades and high-quality economic growth.
Comments