Science and technology are the primary productive force, and technology finance is an important part of enhancing the quality and efficiency of serving the real economy and promoting the high-quality development of economy with financial services. As the first of the “five great articles on finance”, the development of technology finance not only helps to give play to the promoting effect of technology to socio-economic development, but also constitutes a new driving force for the long-term development of the finance industry.

Nevertheless, developing technology finance is never easy. The development of most sci-tech innovation enterprises is “asset-light, high-tech, high-growth and high-risk,” and these characteristics have set higher demands for financial services. Deeply rooted in industries, by utilizing its advantageous resources and maximizing the flexibility of its operating mechanism, Fehorizon has established a whole-new value appraisal system for sci-tech innovation enterprises. With focus on “specialized, refinement, differential, innovation” and high-tech enterprises, it increases financial support and innovates the mode of financial services through excavation of the real value and development potentials of enterprises, thereby improving the coverage and inclusiveness of its services for sci-tech innovation enterprises, and more importantly forming the virtuous cycle of “technology—industry—finance”.

Up to now, the Company has served more than 2000 clients in the field of science and technology, and provided funds for sci-tech enterprises adding up to tens of billions of yuan. Along the way of innovation to provide professional services for sci-tech enterprises, we have witnessed the growth of hundreds of thousands of “little giants” and contributed as much as we can to their sci-tech innovation dreams.

With a series of shining sci-tech titles including National Fundamental Public Service Platform for Industrial Technology, National Service-Oriented Manufacturing Demonstration Platform, and Public Service Demonstration Platform for Small and Medium-Sized Enterprises to Promote the High-Quality Development of the Specialized, Refinement, Differential, Innovation “Little Giant” Enterprises, Weipu Technology Group (“Weipu”) is a research-based testing company well-known in China. It mainly provides services in six fields—analysis & testing, inspection & assessment, research & development, measurement & calibration, certification audit, and intellectual property. Not only an old friend to Weipu, Fehorizon is also the first financial leasing company to cooperate with it. Since Fehorizon first funded Weipu in 2018, the cooperation between the two has gradually deepened over the years. To this day, Fehorizon has invested over 100 million yuan accumulatively.

In 2018, Fehorizon met Weipu. Based on full recognition of Weipu’s professional competence, Fehorizon immediately increased its financial support for this sci-tech enterprise in the same year. Its first investment reached 10% of Weipu’s income at the time, which revitalized the manufacturing equipment purchased by Weipu and successfully contributed to its development. In that year, Weipu marched into the field of drug R&D, testing and clinical research, officially launched its biological analysis and research services, and entered the fast lane of corporate development.

In 2020, Weipu’s scope of business was gradually enriched, while its new equipment input grew rapidly with an annual investment of nearly 200 million yuan. For sci-tech innovation enterprises, investment is mainly made into instrument and equipment, while property and plant are less invested. Despite considerable support from banks, such enterprises still face financial pressure because banks only offer 1-year working capital loans. In that year, the financial product customized by Fehorizon for Weipu with a term of up to three years perfectly matched its product incubation cycle, avoided the use of short-term loans for the long term, and helped Weipu to realize production expansion and upgrade smoothly.

Since last year, the cooperation between Fehorizon and Weipu has been deepening continuously. Besides regular financial business, the multiple exchanges between the two based on Weipu’s recognition of Fehorizon’s management philosophy and business model have successfully upgraded Weipu’s customer marketing system and group information system. During the period, Weipu was also officially selected among the fifth batch of national fundamental public service platforms for industrial technology, with sales exceeding 1 billion yuan. 

Today, Weipu has developed into a large research-based group with over 50 laboratories and a team of more than 3000 professional technical personnel nationwide. It has served more than 140,000 customers at home and abroad, and issues about 300,000 reports each year. Looking back at the past of their cooperation, Fehorizon has witnessed the step-by-step course of how Weipu kept coming up with technological innovation and breaking the records of its business performance constantly, figured out the way to support the growth of sci-tech “golden saplings” into “towering trees” with financial services, and realized its own development together with numerous sci-tech enterprises. 

Against the backdrop of vigorously developing new-quality productivity, “industrial renewal,” “policy reformation” and “enterprise innovation” have become the keywords of the era. Facing the sci-tech enterprises making bold innovations, Fehorizon willingly becomes the service provider behind the scenes, to fuel their rapid development with an endless flow of financial support. In the future, Fehorizon will deepen its technology financial services continuously, innovate its service mode constantly, offer more sci-tech enterprises with accurate and efficient financial support, persist in benefiting them with successful and convenient financing, and add to the new connotations and new vitality of industrial development with non-stop financial support.