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    Docvit News | Docvit helped PICC innovate insurance investment method and opened a new mode of serving real economy

    Source:   Time: 2019-01-19 14:40:40  Author:

    Summary: On January 17, 2018, the economic front page of the People's Daily published an in-depth report titled Breaking the Pattern of Independence and Lack of Linkage among Investment, Insurance and Credit - Suzhou Leveraging Enterprise Financing with Insurance, and issued a brief comment titled The Insurance Has Bright Prospects in Serving Real Economy. It reported that PICC innovated the use of credit and guarantee insurance, intellectual property pledge financing and direct investment with insurance fund and other means, solved the financing problems of small and medium-sized science and technology enterprises through setting up the fund of PICC (Suzhou) Technology Insurance Venture Investment Partnership with insurance fund, to support the development of high-end and emerging industries, focus on serving the real economy, and created a variety of modes of insurance fund investment in the real economy. Many science and technology enterprises in Suzhou have solved the urgent need for funds by the new mode. 

    Director LIU Guangchao and partner SIMA Yayun of Beijing Docvit Law Firm, as the legal adviser for the fund project of establishment of PICC (Suzhou) Technology Insurance Venture Investment Partnership through insurance fund investment, helped PICC to innovate the use of insurance funds, break the pattern of independence and lack of linkage among investment, insurance and credit, and opened up new financing channels for science and technology enterprises to vigorously serve the real economy by innovating various combinations. 

    The financial and capital market team of Beijing Docvit Law Firm is committed to the legal services of enterprise investment and financing transactions, including the design of investment and financing transaction structure of enterprises in the initial stage, growth stage and mature stage, and the drafting of core legal documents. The team has formed a legal service system in the capital market, with legal service of private equity investment as the core and legal service of securities issuance and IPO, refinancing of listed companies, M&A and restructuring, equity transaction and NEEQ as the extension. 

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