Wuxi High-Tech Zone Science and Technology Innovation Industry Development Group Co., Ltd. has recently accomplished a significant feat by issuing the nation's inaugural science and technology innovation corporate bond, dedicated to the construction of a computing power factory (here, "Token" is removed as it may cause confusion without specific context in AI computing power; a computing power factory is a facility designed to provide computational resources), on the Shanghai Stock Exchange. This bond issuance, amounting to 600 million yuan with a 5-year term, witnessed an impressive overall subscription multiple of 3.1 times and boasted a remarkably low coupon rate of 2.03%. Notably, this bond marks the country's pioneering science and technology innovation bond for a computing power factory, paving a novel financing route for the burgeoning sector of AI computing power.

At present, with the rapid advancement of large-scale artificial intelligence models, the demand for computing power is skyrocketing. Computing power, as a crucial production factor in the AI era, is emerging as a pivotal link between computing power infrastructure and industrial applications. Data from Wind reveals that the issuance scale of science and technology innovation bonds has surpassed 1.2 trillion yuan since the beginning of the year. Product innovation is intensifying, and the market scale is steadily expanding, effectively catering to the financing needs within the realm of science and technology innovation, thereby bolstering the development of the real economy and the science and technology innovation industry.