In a move to further support enterprise R&D, promote industrial transformation, and encourage increased investment, Xiamen has issued a notice regarding the expansion of the Technology Innovation Fund. The initiative includes three key measures. First, the fund size will increase from 30 billion yuan to 50 billion yuan. The scope of the "whitelist" has been expanded to include not only industrial enterprises in Xiamen that are undergoing capacity expansion, technical upgrades, green and low-carbon projects, and those with a certain level of R&D investment, but also digital transformation projects, software companies' R&D facilities, projects covered by the 2024 National Large-Scale Equipment Renewal Re-lending Program, projects supporting national strategic and security needs, and specialized and innovative SMEs. For "Little Giant" specialized enterprises, publicly listed companies, industrial enterprises with an annual output value exceeding 10 billion yuan, and companies making new annual investments of more than 1 billion yuan, the maximum project loan financing cap has been raised from 500 million yuan to 1 billion yuan, with the R&D financing cap increasing from 50 million yuan to 100 million yuan.
