I. Eligible Entities

These guidelines apply to technology-focused financial enterprises, financial functional institutions, and other enterprises that are registered with the industrial and commercial and tax authorities in Putuo District, maintain a good credit record, and have been officially recognized. Specific support measures for the asset management industry and the financial leasing industry (including financial leasing companies, foreign-invested financial leasing companies, and domestic financial leasing pilot enterprises) will be formulated separately.

II. Support Measures

(1) Promoting Industrial Clustering

1. For newly introduced key technology-based financial enterprises, upon certification, a settlement subsidy of up to 30 million yuan will be provided based on the enterprise type, paid-in registered capital, and business model.

2. For newly introduced technology-based financial enterprises and financial functional institutions that have been certified and purchase office space for their own use within the district, a subsidy of up to 2% of the actual purchase price, not exceeding 10 million yuan, will be provided; for those leasing office space for their own use within the district, an annual subsidy of up to 1 million yuan, based on the actual leased area and not exceeding 50% of the annual rent, will be provided for a maximum period of three years.

3. For senior executives of newly introduced key technology-focused financial enterprises and financial functional institutions, upon verification, a settlement subsidy of up to 200,000 yuan per person will be provided; for those who purchase their own housing in Shanghai, upon verification, an additional housing subsidy of up to 300,000 yuan per person will be provided.

(II) Enhancing Financing Services

1. Enterprises that conduct an initial public offering (IPO) and list on the Shanghai Stock Exchange, Shenzhen Stock Exchange, Beijing Stock Exchange, or major overseas stock exchanges will receive a grant of up to 4 million yuan; enterprises listed on the National Equities Exchange and Quotations (NEEQ) Innovation Layer will receive a grant of up to 1.05 million yuan; and enterprises listed on the Shanghai Equity Custody and Trading Center (E-Board, N-Board) will receive a grant of up to 500,000 yuan.Unlisted enterprises relocating from outside the district that complete their listing within two years of the official relocation date shall receive an additional subsidy of 100,000 yuan.

2. Listed companies that raise additional capital through rights offerings, private placements, convertible bonds, or similar means, and use 50% or more of the total funds raised to invest in enterprises or projects within this district, shall receive a subsidy of 1‰ of the actual investment amount if the investment is less than 500 million yuan; if the actual investment is 500 million yuan or more, a subsidy of 2‰ of the investment amount shall be provided, with a maximum of 1.5 million yuan.Enterprises that align with the district’s industrial policy and have completed shareholding reform, and that raise funds through direct financing methods such as corporate bonds, enterprise bonds, short-term financing notes, medium-term notes, and asset-backed securities, shall receive a subsidy covering 50% of the financing costs, up to a maximum of 1 million yuan.

3. Local financial institutions within the district are encouraged to increase support for small, medium, and micro enterprises to serve the development of the real economy. Local financial institutions that have been established and operating for at least three years, maintain sound daily operations, and support financing for small, medium, and micro enterprises within the district will receive a risk compensation subsidy equivalent to 1% of the financing amount, with an annual cap of 200,000 yuan.

(III) Optimizing the Financial Ecosystem

1. Support technology-focused financial enterprises in achieving resource integration and expanding their reach through mergers and acquisitions (M&A). For M&A transactions that introduce financial institutions from outside the district, a grant of up to 5 million yuan will be provided; for the introduction of listed companies, a grant of up to 3 million yuan will be provided.

2. Support the establishment of various financial functional institutions within the district. For newly introduced financial functional institutions, upon approval, settlement grants of up to 1.5 million yuan will be provided based on the institution’s type and level.

3. Support the hosting of technology finance forums, summits, exhibitions, and other events with brand influence within the district. Upon approval, based on the event’s level, a subsidy of up to 500,000 yuan will be provided, covering 50% of actual expenses; encourage financial think tanks, such as research institutions, to conduct theoretical research on technology finance. Based on the project’s level, a subsidy of up to 300,000 yuan will be provided, covering 50% of actual expenses.

III. Implementation and Management

(1) The District Financial Affairs Office shall formulate implementation procedures and detailed rules based on these guidelines and carry out project review, monitoring, and evaluation. If provisions of this policy overlap with other policies established by Shanghai Municipality or Putuo District, support shall be provided in accordance with the principle of “choosing the higher amount without duplication.”

(2) The investment promotion centers in each key area shall be responsible for providing services to applicant entities, including assistance with project applications and formal reviews. After the District Financial Affairs Office completes the project review, these centers shall respond to the applicant entities and cooperate with the District Financial Affairs Office to ensure effective project management and support services.

(3) The District Finance Bureau shall be responsible for preparing the special fund budget for the implementation of these Guidelines in the following year, for disbursing relevant support funds in accordance with established procedures, and for supervising and managing the use of special funds in collaboration with the audit department throughout the project process.

(4) This Opinion shall be subject to performance evaluation management in accordance with the “Putuo District Industrial Policy Performance Evaluation Management Measures.”

IV. Supplementary Provisions

(1) The total amount of various rewards, grants, and other support funds received by eligible entities shall, in principle, be limited to the regional contribution achieved during the policy support period. For enterprises that have been operating in the district for more than three years and are applying for project funds under this Opinion, their regional contribution shall serve as a reference for determining support eligibility.

(2) Full-process credit management shall be implemented for industrial special funds. Enterprises or institutions applying for support under this policy shall undergo a credit review; those with serious acts of bad faith or illegal conduct within the past three years shall have their application eligibility revoked. If an enterprise or institution engages in acts of bad faith while receiving support, and such acts are verified, the information shall be reported to the municipal and district public credit information service platforms in accordance with relevant regulations.Should beneficiaries be found to have engaged in illegal or non-compliant acts, such as fabricating information or fraudulently obtaining support funds, all support funds will be immediately revoked and recovered, and relevant parties will be held legally accountable.

(3) These guidelines shall take effect on January 1, 2022, and remain valid until December 31, 2024.