This policy is formulated to further promote the high-quality development of finance in Suzhou FTZ, accelerate the construction of a higher level of regional financial center and the core carrying area of the Yangtze River Delta Industrial Capital Center, strengthen the economic and social functions of financial services, enhance the level of the financial industry and the ability to innovate, and provide strong support for the construction of an open and innovative world-class high-tech industrial park.
Chapter I General Provisions
Article 1 Supporting Objects
These rules focus on supporting all kinds of financial institutions, quasi-financial institutions, financial service platforms, and related enterprises, etc., which have their place of incorporation and tax relations in Suzhou Industrial Park (SIP).
Article 2 Scope of Application
The financial institutions referred to in these rules refer to banks, securities, insurance and other institutions approved by the national financial regulatory authorities, holding financial licenses, and included in the People's Bank of China's code of financial institutions; quasi-financial institutions refer to various types of private equity funds, such as equity investment institutions, as well as local financial institutions; financial service platforms refer to other corresponding subjects undertaking the functions of governmental financial services; and related enterprises refer to the various kinds of financial service platforms and relevant enterprises, which are registered and taxed in SIP. Other corresponding subjects; Relevant enterprises refer to the subjects recognized to carry out relevant financial innovation pilots. Among them:
Headquarters of licensed financial institutions and specialized legal person subsidiaries: refers to banks and non-bank financial institutions, securities companies, insurance companies, futures companies, bank wealth management subsidiaries, financial asset investment companies, insurance asset management companies, public fund management companies, consumer finance companies, etc., which are approved by the national financial regulatory authorities.
Other professional legal person subsidiaries: refers to the professional subsidiaries approved or filed by the national financial regulatory authorities and set up by licensed financial institutions etc. to carry out a specific business, including but not limited to financial technology subsidiaries, professional subsidiaries of securities asset management, self-management, brokerage, underwriting and sponsorship business, alternative investment, etc., professional subsidiaries of insurance agents, insurance brokers, etc., fund management companies Specific customer asset management, independent sales and other professional subsidiaries, futures asset management, risk management and other professional subsidiaries, financial leasing professional subsidiaries, third-party payment institutions and so on.
Functional, regional financial institutions business headquarters, specialized institutions: refers to the licensed financial institutions set up for a specific area, different from the traditional branches of the characteristics of the institution, including but not limited to small business financial services center, credit card center, bill center, capital operation center.
Article 3 Development Goals
Strive for the next five years, the total number of financial institutions in the park exceeded 2,000, of which 220 licensed financial institutions, private fund managers reached 230, the scale of fund management exceeded 550 billion yuan, legal person financial institutions to achieve new breakthroughs, various types of financial institutions, functional headquarters to further cluster, the prosperity and richness of innovative capital industry significantly increased, the level of financial industry capacity. The degree of prosperity and richness of innovative capital industry has been significantly improved, the financial industry level and the ability of collaborative innovation has been greatly enhanced, the contribution of finance to local finance has continued to grow, and a higher level of regional financial center and industrial capital center has been built to provide stronger support for the construction of an open and innovative world-class high-tech industrial park.
Chapter II: Building a Higher Level of Regional Financial Center Highland
Article 4: Strongly Supporting the Concentration of Legal Entity Financial Institutions
The newly introduced headquarters of licensed financial institutions and specialized legal entity subsidiaries that meet the requirements can be given the following policy support upon recognition:
(1) For paid-in capital of less than 300 million yuan, start-up subsidies of 5 million yuan will be given over a period of three years; for paid-in capital of 300 million yuan (or less), start-up subsidies of 5 million yuan will be given over a period of three years. (2) The paid-in capital of 300 million yuan or more shall be given a start-up subsidy of 2% of the paid-in capital, and the total amount of the subsidy shall not exceed 50 million yuan.
(2) In the relevant area of the park, the new purchase of office space for self-use, within 10% of the total amount of the purchase, will be given a total of up to 10 million yuan of subsidies over a period of three years. The office premises enjoying the purchase subsidy policy shall not be transferred or rented out within five years. For those who rent their own office space in the relevant area of the park, 100% of the office space subsidy will be given for three years, with the total amount of subsidy not exceeding 10 million yuan. Enjoy the subsidy policy of office space, in the subsidy enjoyment period may not be sublet.
(3) three years at a maximum of 2 million yuan per year to give incentives for the introduction of talent, mainly for the introduction of high-level professionals, including but not limited to senior managers, obtaining the authoritative qualification certificates in the field of finance CFA and other top-level qualification certificates and membership in the financial talent, professional and technical personnel, master's degree and above.
For the newly introduced subsidiaries of other professional legal persons that meet the requirements, it is recognized that they can refer to the relevant policy standards of the headquarters of licensed financial institutions, and will be given a start-up subsidy of up to 20 million yuan; a subsidy of up to 5 million yuan for the newly purchased or leased office space; and an incentive for the introduction of talents of up to 1 million yuan per year.
Guiding the headquarters of financial institutions and various types of professional legal subsidiaries to become bigger and stronger. Encourage the headquarters of financial institutions and various types of professional legal subsidiaries have been stationed to increase capital, according to the amount of capital increase of 1% of the start-up subsidies to make up the difference in the settlement incentives.
Article V vigorously promote the functioning of financial institutions
Encourage the financial branches in the region to headquarters to actively strive for the group's new functional, regional financial institutions with a certain scale of business headquarters, specialized institutions set up in the park, identified within three years by the maximum annual maximum of 1 million yuan to give incentives for the introduction of talent. Approved or filed by the financial regulatory authorities, within three years, according to the annual maximum of not more than 2 million yuan to give incentives for the introduction of talent, and with reference to the financial institutions headquarters of the relevant policy standards to give 5 million yuan of start-up subsidies.
Article 6 vigorously guide the upgrading of regional headquarters of financial institutions
The newly introduced bank branches above the regional headquarters will be given 2 million yuan of start-up subsidies for three years; other financial institutions above the regional headquarters of the branch will be given 1 million yuan of start-up subsidies for three years, and the first-level branches will be given 2 million yuan of start-up subsidies. For the upgrading of the above institutions that have already moved in, they can follow the implementation of this policy to make up the difference, from the higher but not repeated.
Chapter III Building the core carrying area of the Yangtze River Delta Industrial Capital Center
Article 7 Supporting the creation of a benchmark equity investment fund agglomeration and development of the highland
Implementing the "Opinions on Supporting the High-quality Development of Dongshahu Fund Town," Su Yuan Guan 〔2022〕 No. 36, the equity investment enterprises and equity investment management enterprises stationed in the town and filed in the park shall be given the following Policy support:
(1) For eligible equity investment management enterprises, fund size incentives will be given according to a certain percentage of management fee income during the survival period. For equity investment management enterprises managing funds raising capital of less than 500 million yuan, 3% of the annual income from management fees will be awarded; 5 to 1 billion yuan, 4% of the annual income from management fees will be awarded; 1 to 3 billion yuan, 4.5% of the annual income from management fees will be awarded; more than 3 billion yuan, 5% of the annual income from management fees will be awarded; and the total amount of the incentive will not exceed 30 million yuan.
(2) The general partners and natural person limited partners of qualified partnership private equity funds are given development incentives at 2~4% of their net investment income. Encourage corporate private equity funds and private equity fund legal person limited partners to move in and give development incentives at 2.5% of their net investment income.
(3) For qualified private equity fund managers, according to the scale of their management funds registered in the park, with reference to the relevant policies of the park's "Enterprise Fetching" talent support program to calculate the standard, to give a certain quota of incentives. For those whose annual salary is higher than RMB400,000, they can apply for an annual incentive of up to RMB400,000 at a rate of 5% to 20% of their personal salary; for those with special contributions, they can be awarded up to RMB1,000,000 per year. For equity investment management enterprises that manage equity investment funds registered in the park with actual fund-raising scale of less than 1 billion yuan, no more than one person in their core management team will be rewarded; 1 to 5 billion yuan, no more than two people will be rewarded; more than 5 billion yuan, no more than three people will be rewarded.
(4) of the eligible equity investment enterprises, equity investment management enterprises, identified, given three years of office space subsidies, the subsidy ratio of 30% of the rent, the total amount of subsidies not exceeding 2 million yuan.
(5) Encourage and guide the cultivation of a number of local private equity fund managers, the town's operating body of each incubation or introduction of a new fund managers and complete the registration of the China Foundation Association, given 200,000 yuan reward.
(6) Support Dongshahu Fund Town to expand and extend its service capacity, and linkage development with the municipal cooperation projects, etc., to realize the unification of management and service standards, and enjoy the relevant support policies with reference to them. The key private equity funds and private equity fund managers that are recognized as having a significant role in promoting the development of the park can implement the "one-issue" policy.
Article 8: Supporting the whole chain to converge high-quality innovation capital
For those registered in the park, including but not limited to merger and acquisition funds, bond funds, private securities investment funds, hedge funds, private equity secondary market funds, as well as related guide funds, mother funds, innovation pilot funds and other equity investment enterprises with a certain scale, the park's Finance Bureau will recognize that they can refer to the relevant support policies. Supporting policies.
Article IX supports the effective guidance of the depth of docking between production and financing
To create a highland for the development of production and financial cooperation, and to increase the incentives for new investment and project introduction of equity investment enterprises and equity investment management enterprises, to give support to the following policies:
(1) Support for equity investment enterprises to invest in the park. Equity investment enterprises actually invested in the park non-listed enterprises of the cumulative investment amount of more than 30 million yuan, according to its actual investment in the park that year, 1% of the amount of the project, to give its equity investment management enterprise new investment incentives; cumulative investment amount of more than 100 million yuan, according to its actual investment in the park that year, 2% of the amount of the project to give incentives, the amount of incentives for a single management enterprise does not exceed 20 million yuan.
(2) Guide equity investment enterprises to invest in early, small, science and technology. Equity investment enterprises actually invested in the park seed stage, start-up technology enterprises of the cumulative investment amount of 20 million yuan or more, according to its actual investment in the park that year, 2% of the amount of the project, to give its equity investment management enterprise new investment incentives, a single management enterprise incentive amount of not more than 20 million yuan.
(3) Encourage industrial capital to initiate the establishment of enterprise investment funds to carry out mergers and acquisitions and industrial chain investment, according to its actual investment in the park project amount of 2% in the year, to give its equity investment management enterprise new investment incentives, a single management enterprise incentive amount of not more than 20 million yuan.
Above the private equity investment fund by the park governmental guidance funds and other participation in the funding of anti-investment requirements, in the calculation of the amount of incentives, should be deducted from the investment amount of anti-investment requirements.
(4) Encourage equity investment enterprises to guide its investment in enterprises settled in the park, according to its actual investment in the project amount of 1%, to give its equity investment management enterprise industrial project introduction incentives, a single management enterprise incentive amount of not more than 20 million yuan.
(5) Support the innovative development of REITS. Encourage international and domestic high-quality REITs fund managers to reside in the park and carry out various types of REITs services. With reference to Article 6 of the present opinion, the policy of settling in the fund town will be supported by fund scale incentives, development incentives, talent incentives, office space subsidies and so on. The corresponding caliber of the relevant incentives can be determined with comprehensive consideration of the characteristics of the REITS industry.
Chapter IV Enhancing Financial Services Economic and Social Capabilities
Article 10 Support for Enhancing the Digitalization Capabilities of Financial Services
(1) Encourage financial institutions to set up new digital financial platforms or subsidiaries, and give funding for the introduction of digital financial talents after identification, 30,000 yuan/year for undergraduate personnel, 50,000 yuan/year for master's degree and above, and the above new introductions will enjoy the policy for three years after assessment; Continuously operating digital financial projects of financial institutions, for newly introduced digital financial talents in the current year, will be given funds for talent introduction after assessment, RMB 30,000/year for undergraduate personnel and RMB 50,000/year for master's degree and above. The recognized major digital financial innovation enterprises will be given digital financial talent introduction funds with reference to the implementation. The cumulative subsidy for a single project is not more than 30 million yuan, and the personnel are subject to the payment of social security or tax in their localities.
(2) Encourage financial institutions or enterprises to set up financial data services, financial credit, financial credit creation, supply chain finance, joint innovation centers and other digital financial public service platforms, identified to give no more than 1 million yuan of operating subsidies per year, the platform to obtain national qualifications to give 1 million yuan of incentives.
(3) Guiding financial institutions, financial service institutions and related service carriers to set up digital finance incubation spaces such as crowdsourcing spaces and open laboratories, and giving 500,000 yuan of start-up funds after recognition.
(4) to promote the demonstration of digital financial innovation and application, application scenario-oriented, financial institutions or enterprises are encouraged to develop digital financial innovation applications, digital RMB pilot scenarios, after the recognition of a single project to give 100,000 yuan reward, the qualification of the municipal assessment of the new 100,000 yuan reward; encourage the declaration of the Central Bank of financial science and technology innovation and supervision of the pilot application of the qualification of the national assessment of the increase in the reward of 200,000 yuan.
(5)
(5) Encourage the continued scale of digital financial enterprises, support enterprises and financial institutions in the region to achieve the first single business, give the first single 10% reward, not exceeding 1 million yuan; financial special business annual income for the first time to achieve more than 20 million yuan to give 500,000 yuan of growth incentives; financial special business annual income for the first time more than 50 million yuan to give 1 million yuan breakthrough incentives.
(6) Continuously promote the development of digital finance industry fund, and prioritize investment support for digital finance projects that have been evaluated by the park's Jinji Lake Science and Technology Leadership Talent Project.
Article 11: Supporting the Enhancement of Science and Innovation Financial Service Capability
(1) Guiding the enlargement of the scale of science and innovation financial financing, further expanding the risk compensation fund pool in the park, expanding the total scale of the existing fund pool to 1 billion yuan, and supporting financial institutions to independently develop innovative and characteristic science and innovation financial products to meet the needs of the park, and preferably incorporating them into the scope of the support of the risk compensation fund.
(2) Support the establishment of science and technology branches, science and technology insurance and other science and technology innovation financial institutions to provide industry-leading innovative product solutions for the key risks in financing and production and operation of science and technology enterprises in the park, and give start-up subsidies to the financial institutions with reference to the policies of their regional headquarters after recognition.
(3) Support to enhance the ability to invest in the science and innovation industry, expand the park's equity investment fund-raising channels, encourage and guide local financial institutions to actively seek assistance from the headquarters for the introduction of long-term funds to support the development of the park's private equity industry, and be recognized as 1 per cent of the total amount of new funds introduced in the current year, with the maximum reward of 2 million yuan per year for each institution.
(4) vigorously promote the QFLP pilot, encourage overseas LP fund-raising, the actual scale of fund-raising to reach 100 million yuan equivalent of more than RMB, according to the introduction of its total foreign capital 2 per cent of the total amount of incentives given to the maximum reward of 2 million yuan per year for each institution.
(5) Support for enterprise listing and high-quality development, actively play the listed nursery project cultivation mechanism, support high-quality enterprises to land in the capital market, according to the "Suzhou Industrial Park on the further promotion of enterprise listing and high-quality development of the implementation of the views of the Suzhou Park Management [2022] 3, according to the process of enterprise listing in stages to give 4 million yuan of incentives. Accelerating the implementation of the listed company Gentian Plan, guiding the listed company to invest the funds raised from initial public offering and post-listing refinancing in the park, and awarding a maximum of 10 million yuan according to the amount of investment. Encourage listed companies to carry out industry chain mergers and acquisitions around their main responsibilities and industries, with a maximum reward of 3 million yuan. The establishment of the Senate Fund, fully leveraging social capital, through the participation of listed companies in mergers and acquisitions, reorganization, fixed increments, business spin-offs and other ways to help listed companies to optimize the asset structure and improve the layout of the industry chain.
Article 12: Supporting the enhancement of green financial service capacity
(1) Guiding support for green credit investment, encouraging banking financial institutions to set up green sub-branches, green financial business units and other green financial institutions to provide green loans to green enterprises and projects, which are recognized as references to the policies of financial institutions' regional headquarters to give start-up subsidies.
(2) guide to support green bonds and asset securitization, for the issuance of green bonds, green asset-backed securities and other green asset securitization products issued by the main body, according to the issuance amount of 1 ‰ to give incentives for a single issuance of the main body of the maximum award of 2 million yuan per year.
(3) guide to support the innovation of green insurance products and the use of funds, encourage enterprises to buy green insurance products, 30% of their premiums to give subsidies, a maximum of 200,000 yuan per year for a single enterprise, at the same time in line with the policy of the higher level and the requirements of other policies at this level, in accordance with the principle of the higher not to be duplicated to be supported. Encourage the insurance industry financial institutions in the form of equity, debt, funds, asset support programs and other forms of introduction of insurance funds to support the park's green industry development, recognized by the introduction of new insurance funds in the year the total amount of 1 ‰ to give incentives, each insurance agency up to 2 million yuan per year.
Article 13 Support to enhance the capacity of inclusive financial services
Encouragement to meet the local financial regulatory requirements of corporate-type local financial institutions to increase support for small and medium-sized micro-enterprises, recognized as the following policy support:
(1) Encouragement of the scale of agglomeration and increase in capital and stock. Newly introduced local financial institutions with paid-in capital of 300 million yuan will be awarded a total of 1 million yuan in three years, and on this basis, for every increase of 100 million yuan in paid-in capital and the formation of effective placement, the award will be increased by 500,000 yuan, with a maximum award of 3 million yuan. Encourage the local financial institutions that have been stationed in the capital increase, according to the principle of high but not repeated with reference to the implementation.
(2) Encourage local financial institutions to do business scale, according to the year the total amount of business over the previous year's incremental part of 0.5%, to give a maximum of 1 million yuan business incentives.
(3) to guide the financial leasing institutions to support the industrial development of the park, the financial leasing institutions to buy advanced equipment produced by enterprises in the region, according to the purchase amount of 0.5%, to give a maximum of 1 million yuan subsidies.
Chapter V Optimization of the financial ecosystem
Article 14 Support for the construction of financial service platforms
Support for the construction of the park's debt and equity integrated financial service platforms, which can essentially promote the construction of the financial ecosystem of the FTZ, it was determined that the platform's operation and functional upgrading of the operating costs incurred in the operation of the platform to give the maximum of 1 million yuan per year in special subsidies. Support for the creation of financial services innovation demonstration base, recognized as a maximum of up to 1 million yuan per year of special subsidies.
Article 15 Support for the development of financial innovation
Give full play to the financial open innovation evaluation and financial innovation award innovation incentive role, to encourage financial first in the park, to make significant contributions to financial innovation, to make important innovation results of institutions or research teams, to give a maximum of 1 million yuan in awards.
Article 16 Support for Financial Brand Enhancement
Encouragement of high-end financial forums, exhibitions, professional meetings, etc. held in the Park in line with the key direction of the Park's financial development, for the record of the Park's Financial Services Bureau, can be subsidized at 30% of the actual activity costs, up to a maximum of 200,000 yuan per session. In the park to hold more than the scale of specialization, internationalization, branding financial high-end forums, professional meetings and other activities, identified by the "one to one" to be supported.
Chapter 6 Supplementary Provisions
Article 17 The amount of incentives or subsidies enjoyed by the relevant institutions applying for this policy shall take into account their actual local contributions.
Article 18 The "one-issue" policy can be implemented for projects that have a significant role in promoting the development of the financial industry in the park.
Article 19 This opinion shall come into force on January 1, 2023, and shall be valid for five years, and shall be interpreted by the Financial Development and Risk Prevention Bureau of Suzhou Industrial Park. All eligible equity investment institutions filed by the park are applicable to these measures. The original Suzhou Park Management [2019] No. 92, Suzhou Park Management [2021] No. 54 and Suzhou Park Management [2022] No. 40 are abolished. If the application of the original relevant policy documents stipulates the application of funding matters, and the review and disbursement of funds are not completed after the effective date of this measure, the policy basis is still implemented in accordance with the original documents.
