China Launches Its First Government Capital Led IP Fund

The Guozhi Intelligence Intellectual Property Fund, co-founded by the Guozhi Patent Warning Consulting Center and Qinglin Huacheng Investment Company, was launched on November 9. With initial capital of 100 million yuan, the fund is targeted at companies set to list on the New Third Board.

"The fund will be mainly used to help companies develop their IP and gain patents for core technologies in a bid to position themselves better in the industrial landscape," said Zhao Wei, general manager of Qinglin Huacheng.

"We will regularly release the Guozhi Intelligence Intellectual Property Index, which is a key indicator for the fund's investment and patent services after research into the IP index of listed companies on the New Third Board and analysis of their success factors," Zhao said. The new fund will also offer IP consultancy services ranging from patent filings to industry technology trend analysis to aid companies to increase their IP asset value.

The cooperation between Guozhi Patent Warning Consulting Center and Qinglin Huacheng is mutually beneficial for both parties, which is a crossover covering both IP and financial spheres.

As subsidiary of the Beijing Patent Examination Cooperation Center, Guozhi Patent Warning Consulting Center was established in 2003. One of China's first group of pilot patent operation companies, the Guozhi center has been granted 10 million yuan from the Ministry of Finance.

Zhao said he expected the new fund to play a leading role as "a national team" in serving small high-tech companies and become a benchmark for patent operation pilot businesses. 

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