In 2020, the registered amount of patent and trademark pledge financing in China will reach 218 billion yuan, with a year-on-year increase of 43.9%, and the number of pledge projects will reach 12093, with a year-on-year increase of 43.8%, achieving the maximum growth in the 13th Five Year Plan period!
Holding patents, trademarks and other intellectual property rights, and at the same time unable to develop rapidly due to the pressure of working capital, this is the dilemma faced by many small and micro enterprises. Intellectual property pledge financing leads to "assets" by "intellectual property", which widens the financing channels of these enterprises and brings new opportunities for their development. In particular, novel coronavirus pneumonia has been coming up in the past year. The State Intellectual Property Office and the intellectual property departments at all levels have resolutely implemented the Central Committee's important deployment on coordinating epidemic prevention and control and economic and social development, implemented the task of "six stability", and carried out the work of "six guarantees". Letos, a pioneer in promoting financial services in intellectual property rights, has been innovating and upgrading services. It has unblocked the "blood" of high-quality economic development.
Urgent green channel financing
"We used the company's two invention patents for intellectual property pledge financing. After submitting the relevant materials to Bengbu Intellectual Property Office, we completed the registration of intellectual property pledge financing in only one day, and soon got the 10 million yuan intellectual property pledge financing loan provided by the bank." Ma Lei, finance minister of Bengbu Tiancheng packaging materials technology Co., Ltd., which is engaged in the production of food and drug safety packaging, said that at the beginning of 2020, the company entered a state of resumption. At this time, many enterprises in the same industry have not been able to carry out production and operation as scheduled, and the number of orders they received has increased a lot compared with the past. Intellectual property pledge financing provides financial support for enterprises to expand production.
After COVID-19's occurrence, liquidity is particularly important for enterprises to resume work and resume production. The State Intellectual Property Office (SIPO), together with the General Administration of market supervision and the food and Drug Administration (FDA), promptly issued the "ten articles on supporting the resumption of work and production", issued the "notice on vigorously promoting the use of intellectual property rights to support the fight against epidemic prevention and control", and guided 31 Provincial Intellectual Property management departments to issue more than 70 emergency policy documents. Many places actively promote relevant policies by means of printing documents or sharing two-dimensional codes, so as to give full play to the role of intellectual property financing in helping enterprises.
The State Intellectual Property Office has set up a green channel for patent and trademark pledge registration, providing instant and urgent services for more than 5000 enterprises. We should greatly improve the registration efficiency, revise the trademark pledge registration procedures, implement the notification and commitment system, simplify the pledge registration materials and procedures, and reduce the processing time to 2 working days; the paper processing time of patent pledge should be reduced from 7 working days to 3 working days, and the electronic processing should be reduced to 1 working day.
Statistics show that in 2020, among the Pledgors of patent pledge financing, the number of patents pledged by industrial enterprises accounts for 97.9% of the total number of pledged patents, reaching the highest value since the 13th five year plan, which indicates that pledge financing strongly supports the implementation of intellectual property transformation and the development of real economy.
Preach and promote good experience
"In 2019, we are willing to undertake an environmental protection project, but the cash flow is tight. With the help of the Intellectual Property Department of Hunan Province, the company is docking with the bank, and in just over a month, we will get 10 million yuan of intellectual property pledge loan." In November 2020, the experience sharing of Chen Minzhi, deputy general manager of Changsha huashijie Environmental Protection Technology Co., Ltd., at the home event of "benefiting enterprises by entering the park" of intellectual property rights in Hunan station made the participating enterprises directly feel the help of intellectual property pledge financing for enterprise development.
From November to December 2020, the State Intellectual Property Office (SIPO) and the China Banking and Insurance Regulatory Commission (CIRC) jointly launched this series of activities, which were successively launched in 53 parks in Beijing, Zhejiang, Hunan, Guangdong and Chongqing, and received positive responses from participating enterprises and parks. It is understood that more than 220 banking financial institutions and more than 1400 enterprises participated in the activities, and through policy propaganda, experience exchange and bank enterprise docking, they signed a contract of 710 million yuan on site.
The publicity docking enables more enterprises to understand the financing channel of intellectual property pledge financing, and sets up a bridge between enterprises and banks. In addition to the activity of "benefiting enterprises by entering the park" of intellectual property pledge financing, in May 2020, the State Intellectual Property Office (SIPO) and the China Banking and Insurance Regulatory Commission (CIRC) jointly carried out the selection of intellectual property pledge financing and insurance cases. Local intellectual property offices, banks, insurance institutions and other units recommended 224 cases, sorting out and accumulating excellent work experience of intellectual property pledge financing.
According to the data, the amount of patent pledge financing in 2020 is 155.8 billion yuan, of which banks and credit cooperatives and other banking financial institutions are the largest pledgees, accounting for 67.4% of the total number of pledge projects.
More diversified financial innovation channels
The rapid development of intellectual property pledge financing cannot do without the support of intellectual property securitization and insurance.
In 2020, the State Intellectual Property Office will guide local governments to explore intellectual property securitization, and Shenzhen will successfully issue a number of intellectual property securitization products with underlying assets constructed by intellectual property pledge. At the same time, the State Intellectual Property Office guides insurance institutions to launch collective trademark and geographical indication infringement loss insurance, and Wuxi, Jiangsu province supports and guides new insurance products such as intellectual property assets appraisal professional liability insurance, which provides a more comprehensive guarantee for intellectual property pledge financing; it carries out strategic cooperation with China Construction Bank to develop exclusive products such as cloud intellectual loan.
In 2020, the relevant modes of intellectual property pledge and insurance will be included in the innovation and reform measures promoted by the State Council for three times.
Next, the national intellectual property system will further study and implement the spirit of the important speech of general secretary Xi Jinping in the twenty-fifth collective learning of the Central Political Bureau, conscientiously implement the Central Committee and the State Council's deployment of relevant work on intellectual property rights, and focus on high-tech zones in accordance with the requirements of the Secretary General of the National Bureau of intellectual property rights. And innovative enterprises, promote intellectual property financing such as intellectual property pledge financing with new technologies, new models and new services, and accumulate greater momentum for high-quality economic development. (Wu Ke, Chen Wei)