Beijing Shunyi: Encouraging the development of newly registered financial institutions with a maximum funding support of 50 million for establishment costs

In order to further create a first-class financial business environment, on September 11th, the Shunyi Financial Exhibition Area of the Service Trade Fair announced the "Support Measures for Promoting High-Quality Development of Industrial Finance." Regarding support for the development of financial institutions, new registered financial institutions are encouraged to develop, with a maximum funding support of 50 million yuan for startup costs; support is provided for the upgrading of banks, securities, and insurance institutions, with a maximum funding support of 5 million yuan; support is given to stabilize the operations of financial institutions, with a maximum annual funding support of 80 million yuan; support is provided for asset management companies to expand their business scale, with a maximum funding support of 10 million yuan; support is given to investment funds to assist in the development of the real economy, with a maximum funding support of 10 million yuan. Regarding support for enterprise growth, support is provided for enterprises to grow through the capital market, with a maximum funding support of 10 million yuan; support is given for enterprises to list on the New Third Board, with a maximum funding support of 2.5 million yuan; support is provided for enterprises to conduct targeted private placements, with a maximum funding support of 3 million yuan; support is given for enterprise merger and acquisition transactions, with a maximum funding support of 5 million yuan