Table of Contents
With the support of Dongguan Securities, Dongguan has successfully closed its third intellectual property–backed securitisation, the “Dongguan Songshan Lake Science City – Rongtong Leasing – Dongguan Securities – China Resources Bank – Dongguan Rural Commercial Bank – Intellectual Property No.1 Asset-Backed Special Plan.”
The transaction provided RMB 42.75 million of targeted funding to four local technology enterprises, addressing financing constraints commonly faced by innovation-driven SMEs with light-asset structures and limited collateral.
The deal is notable for its nationally first-of-its-kind “dual-bank independent guarantee” credit enhancement structure, which reduced issuance costs while improving risk diversification. By transforming “dormant” intellectual property into bankable financial assets, the transaction supports strategic emerging industries such as high-end equipment manufacturing and offers a replicable IP finance model for regional innovation ecosystems.
The issuance highlights the deepening integration of technology finance and inclusive finance, and underscores the growing role of IP-backed ABS in channeling capital to science and innovation hubs at the local level.
