On December 5, 2025, Moore Threads Intelligent Technology (Beijing) Co., Ltd. (hereinafter referred to as "Moore Threads") officially entered the capital market (Shanghai Stock Exchange Science and Technology Innovation Board). This company, known as the "light of domestic computing power", has received widespread attention from the market, and its stock price has soared, with the highest intraday increase reaching 500%.
At the bell-ringing ceremony, cheering alongside the excited founding team and investors was also a banking institution – China Postal Savings Bank (hereinafter referred to as "Postal Savings Bank"). As a partner along the way, Postal Savings Bank not only witnessed Moore Threads' successful IPO, but also witnessed a win-win story of "hardcore technology" and "precision finance".
This year's Central Economic Work Conference proposed "adhering to innovation-driven development and accelerating the cultivation and expansion of new growth drivers," and emphasized "innovating science and technology financial services." So, what kind of vision is needed for financial support of technological innovation?
Postal Savings Bank of China (PSBC) empowers technological innovation through financial innovation, and is further improving its financial services for technology companies with greater力度 and more concrete measures. In recent years, the bank has firmly grasped the core essence of the innovation-driven development strategy, positioned itself as a vital force in science and technology finance, used financial innovation to break through the bottlenecks in the development of technology companies, and covered the needs of industrial development with full-chain services. It has continuously exerted its efforts in key areas such as intellectual property empowerment, artificial intelligence deployment, industrial chain collaboration, and manufacturing upgrading, injecting a continuous stream of financial vitality into technological innovation and writing a new chapter of mutual progress and symbiotic prosperity between finance and technology.
Breaking the deadlock of transforming "intellectual property" into "assets"
Activating innovation momentum with a "technology-driven" evaluation system
"What our company wants to build is a full-featured GPU, not just an AI acceleration chip." This is the direction Moore Threads set from its inception. In just five years, it has iterated four generations of chips, from AI computing to scientific simulation, from professional graphics rendering to metaverse applications. Its chips are injecting a domestically produced computing power foundation into the digitalization of thousands of industries.
However, top-tier R&D, production investment, and ecosystem building all require financial support. For a hard-tech company like this, funding is its lifeblood, and timing is its lifeblood.
"Our first contact was last July," recalled a client manager from Postal Savings Bank's Beijing branch. After understanding the company's technology roadmap, Postal Savings Bank responded swiftly—completing credit approval within a month; acting as a co-lead bank within three months to facilitate the syndicated loan; and then, a series of "financial packages" tailored to the company's real needs were quickly implemented, including strategic agreements, working capital loans, customized wealth management, and asset management plans.
"We offer more than just funding; we provide the ability to respond quickly to the growth pace of technology companies," the account manager said.
The rise of new-type productivity has never been separated from the support of new-type finance. From a chip to an industrial chain, and then to an ecosystem, Postal Savings Bank of China's approach is clear: to be a partner for technology companies throughout their entire lifecycle, rather than just a lender at a certain stage.
As can be seen, the successful listing of Moore Threads is a milestone for the domestic computing power industry and also confirms the effectiveness of Postal Savings Bank's technology finance model of "understanding technology and accompanying growth".
The core competitiveness of technology-based enterprises stems from continuous technological innovation, and intangible assets such as patents and technological achievements are often their most valuable assets. For many technology companies, their most valuable asset is not their factory buildings, but their thick stack of patent certificates. Shandong Jinli New Material Technology Co., Ltd. (hereinafter referred to as "Jinli New Material") is a national-level specialized and innovative "little giant" enterprise, holding more than 70 patents.
This year's Central Economic Work Conference proposed strengthening the leading role of enterprises in innovation and improving the intellectual property protection system in emerging fields. Postal Savings Bank of China has innovatively constructed a "technology-driven" evaluation system that "looks at the future and at the technology," transforming core innovation indicators such as the proportion of enterprise R&D investment, the number of patents, and technological leadership into quantifiable credit criteria, providing precise and efficient financial support for technology companies.
At the end of last year, Jinli New Materials received a surge in orders, which should have been a good thing, but it also posed a problem for the company's management: where would the raw materials come from, and where would the money to purchase them come from? They couldn't find suitable collateral for bank loans.
At this crucial moment, intellectual property truly became an asset.
Postal Savings Bank of China has opened a green channel for enterprises through a fully online science and technology innovation credit loan. From application to approval, it only took one day. With a credit line of 10 million yuan approved, the enterprise quickly drew on 5 million yuan, enabling its production line to operate at full speed.
Instead of focusing on collateral, banks are now prioritizing technology, transforming intangible assets like patents into tangible credit funds. Behind this lies a completely new "evaluation system": R&D investment ratio, number of patents, technological leadership… values that were once "unclear" during loan applications are now the most persuasive "credit" in the eyes of banks.
It is understood that Postal Savings Bank of China has established a multi-tiered system of specialized, distinctive, and exemplary science and technology finance institutions, set up a number of science and technology finance business units, focused on various science and technology innovation entities, and provided full life-cycle services for high-growth, high-quality enterprises. As of the end of June this year, the bank has served more than 100,000 science and technology enterprises, with outstanding science and technology loans exceeding 930 billion yuan, a net increase of more than 90 billion yuan this year.
Connecting the industrial chain
Building a science and technology innovation ecosystem community through full-cycle services
Technological innovation is never an isolated breakthrough, but a systematic project requiring collaborative efforts across the entire industrial chain. Postal Savings Bank of China (PSBC) deeply understands the development logic of the technology industry—from a single chip to an entire industrial chain, and then to an ecosystem. Moving beyond the limitations of serving individual enterprises, PSBC extends its financial services to the entire upstream and downstream chain of technology companies. Through innovative products such as supply chain finance and industrial cluster loans, it connects the financial chains of key sectors like computing power, copper, and new energy, building an ecosystem of "bank + government + enterprise + research + investment" to provide full-cycle, all-round financial support for technological innovation.
This year's Central Economic Work Conference proposed implementing a new round of high-quality development action plans for key industrial chains. It is foreseeable that financial empowerment of the technology industry chain will play a crucial role in promoting high-quality economic and social development.
In the computing power industry, with Moore Threads' successful IPO and nearly 8 billion yuan in funding, Postal Savings Bank of China's service role has shifted from "supporting R&D" to "empowering the ecosystem." Around Moore Threads' industry chain layout, Postal Savings Bank of China extends its financial services to its upstream and downstream partners. Through supply chain finance and other support methods, it streamlines the entire funding cycle of the computing power industry, from core chip R&D to terminal application implementation. This ensures that financial resources not only nourish core enterprises but also benefit small and medium-sized technology enterprises in the industry chain, promoting a positive pattern of collaborative innovation and common development among large, medium, and small enterprises.
In Yingtan, known as the "Copper Capital of the World," the Jiangxi Branch of Postal Savings Bank of China focuses on the research and development of key technologies and green upgrading of the copper industry. It has tailored diversified financial service solutions for science and technology innovation-oriented private enterprises, providing more than 10 billion yuan in credit support to the copper industry in Yingtan, covering more than 100 upstream and downstream enterprises in the industrial chain.
Jiangxi Xinborui Technology Co., Ltd. (hereinafter referred to as "Xinborui Technology"), as an innovative pioneer in the field of high-end lithium battery copper foil, has a team led by four full-time PhDs tackling the technology of ultra-thin lithium battery copper foil. Its products cover several leading domestic new energy companies. To address the company's funding needs at different stages of development, Postal Savings Bank of China provided tiered, full-lifecycle financial services: In 2021, during the company's early development, an innovative corporate credit loan model was adopted to provide a 5 million yuan credit line, solving equipment procurement problems; in 2022, when R&D results began to emerge, the credit line was adjusted to a 10 million yuan science and technology innovation credit loan to support the breakthrough in ultra-thin copper foil technology; in 2023, during the capacity expansion period, the credit line was further increased to 12.5 million yuan, and a green channel for approval was opened. To date, Postal Savings Bank of China has provided Xinborui Technology with over 37.5 million yuan in loan support, helping the company grow into a national-level specialized and innovative "little giant" enterprise, with an annual production capacity of 20,000 tons of lithium battery copper foil and an expected annual sales revenue exceeding 1 billion yuan.
Empowering the upgrading of the manufacturing industry
Strengthening the foundation for innovation in the real economy through financial "fasteners"
Manufacturing is a crucial application scenario for technological innovation and a key vehicle for the transformation of scientific and technological achievements. Postal Savings Bank of China, closely aligned with the strategic deployments of "Strong Manufacturing Province" and "Strong Manufacturing Nation," focuses on serving private manufacturing enterprises. It integrates financial support with technological transformation, intelligent upgrading, and green transformation in the manufacturing sector. Through specialized products such as "Industrial Loans," "Specialized and Innovative Loans," and "Science and Technology Innovation Loans," it provides precise financial support to technology enterprises in the manufacturing industry, helping traditional manufacturing transform towards high-end, intelligent, and green manufacturing, and consolidating the real economy foundation for technological innovation.
This year's Central Economic Work Conference proposed building international science and technology innovation centers in Beijing (Beijing-Tianjin-Hebei region), Shanghai (Yangtze River Delta region), and the Guangdong-Hong Kong-Macao Greater Bay Area. This signifies that my country's science and technology innovation is undergoing a profound transformation, moving from "single-point breakthroughs" in core cities to "coordinated operations" across regions.
Postal Savings Bank of China's support for technological innovation is already being demonstrated through regional collaborative efforts. Taking the Beijing-Tianjin-Hebei region as an example, Beijing boasts the nation's most advanced scientific research resources. Postal Savings Bank of China's Beijing branch has established partnerships with platforms such as the SME Development Promotion Center of the Ministry of Industry and Information Technology and the Beijing Federation of Industry and Commerce, strengthening commercial collaborations with various industrial investment funds and venture capital funds. Hebei Province, with its vast hinterland and cost advantages, has seen Postal Savings Bank of China's Hebei branch focus on technological innovation in the manufacturing sector, achieving numerous breakthroughs.
For example, in Yongnian, Hebei Province—China's fastener capital—Postal Savings Bank's "industrial loans" have become a key driving force for the upgrading of traditional industries. Mr. Zhao, the head of a local fastener factory, recalled that in 2022, his company was still in a "small, scattered, and inefficient" state, facing a funding dilemma for transformation and upgrading. Postal Savings Bank proactively conducted on-site research, suggested that the company replace its CNC machine tools, and completed the approval of a 2 million yuan "industrial loan" within three days. With the help of this funding, the company successfully achieved technological transformation, entered the ranks of "high-precision and cutting-edge" enterprises, passed the specialized and innovative certification, and its annual output value exceeded 100 million yuan. Today, Yongnian's fully automatic cold heading machines can produce 8,000 high-end screws per hour, with products exported to Europe and America. From "a sack of screws couldn't even bring back a sack of flour" to "high-end fasteners priced in US dollars," this transformation witnesses the magnificent metamorphosis of traditional manufacturing under financial support.
To improve the quality and efficiency of services provided to technology companies in the manufacturing sector, Postal Savings Bank of China (PSBC) is actively promoting digital transformation and leveraging its "Smart Hub" online platform to connect with companies' needs in real time. From technological upgrading of traditional industries to innovative breakthroughs in emerging manufacturing sectors, PSBC acts as a "financial fastener," closely linking financial resources with technological innovation in the manufacturing industry. It not only provides financial support to companies but also promotes the industry's self-sustaining growth, helping private manufacturing companies steadily advance on the path of technological innovation.
Standing at the new starting point of the 15th Five-Year Plan, Postal Savings Bank of China will continue to deepen innovation in science and technology financial services. Over the next five years, it plans to provide no less than 3 trillion yuan in financing support to entities in the field of science and technology innovation. In collaboration with China Post Securities and China Post Insurance, it will provide comprehensive financial services to 150,000 technology companies, continuously promoting a virtuous cycle of science, industry, and finance. Postal Savings Bank will contribute even more to accelerating the construction of a science and technology powerhouse and achieving high-level scientific and technological self-reliance, writing a more brilliant chapter in the era of financial empowerment of technological innovation!
Postal Savings Bank customer managers visited high-tech innovative enterprises.
Postal Savings Bank customer managers visited lithium battery manufacturing companies to learn about the latest research and development achievements.
(Data source: Postal Savings Bank of China)
