Shenzhen's first private venture capital institution successfully landed a science and technology innovation bond.

Recently, Dongfang Fuhai Investment Management Co., Ltd. in Shenzhen successfully issued the "2025 First Phase Targeted Technology Innovation Bonds - 25 Dongfang Fuhai PPN001" in the China Interbank Bond Market, marking the successful landing of the first private venture capital institution sci-tech innovation bond in Shenzhen. Industry insiders believe that the successful landing of the first private venture capital institution sci-tech innovation bonds in Shenzhen has created a new model of support for sci-tech enterprises' financing by private venture capital institutions. The joint credit enhancement mechanism of central and local governments and the active support of banks and other institutions have effectively reduced financing risks, enhanced enterprise financing capabilities, provided stable funding guarantees for the long-term development of sci-tech innovation enterprises, and played an important role in cultivating and strengthening "patient capital" for sci-tech innovation.