China's First Integrated Computing and Storage Technology Innovation Bond Issued on Shanghai Stock Exchange with Scale of 500 Million Yuan

Recently, Wuxi Industrial Group successfully issued the country’s first integrated storage-computation technology innovation bond, “26Xichan K1,” on the Shanghai Stock Exchange. The issuance scale was 500 million yuan, marking a significant step in the industrialization of high-performance integrated storage and computing chips with a capital “accelerator.”

Currently, computing power, as the core productivity driving the transition from digital economy to intelligent economy, has gradually become a strategic national infrastructure. The “14th Five-Year Plan” explicitly emphasizes “comprehensive promotion of digital intelligence technology empowerment,” and clearly proposes building a multi-layered computing infrastructure system and a nationwide integrated computing network.

Against this backdrop, the country’s first integrated storage-computation technology innovation bond was officially issued. “Future industries such as artificial intelligence and 6G communication are rapidly iterating, and the demand for computing power is growing exponentially. As a key core technology to break through physical limits of computing power, integrated storage and computing will become an important direction to promote high-quality development of related industries,” said a relevant person from Wuxi Industrial Group. The group will closely follow national and local strategic guidance for the development of the integrated storage-computation industry, fully utilize capital market tools like science and technology innovation bonds, introduce leading enterprises in the industry chain, refine independent process platforms, and accelerate mass production of high-performance integrated storage chips. This will provide strong support for building a secure and resilient modern computing industry system.

Statistics show that, to date, Wuxi Industrial Group has issued nearly 7 billion yuan in science and technology innovation bonds on the Shanghai Stock Exchange, with funds precisely invested in emerging pillar industries and future industries, continuously empowering technological innovation with patient capital.

Specifically, in the integrated circuit field, Wuxi Industrial Group issued the country’s first dedicated bond for integrated circuits within the Yangtze River Delta integration, with a scale of 680 million yuan, focusing on major projects such as Huahong Wuxi Base. Its invested company, Shenghe Jingwei, was approved for listing on the STAR Market in February 2026, becoming the first IPO review of the Year of the Horse on the STAR Market, demonstrating the synergy of capital deepening and industry cultivation.

In the commercial aerospace sector, Wuxi Industrial Group issued the country’s first dedicated bond for aerospace, with a scale of 550 million yuan, precisely funding leading commercial aerospace enterprise Blue Arrow Aerospace. This marked the first domestic flight verification of high-precision reusable launch vehicle technology for orbital-level reentry, navigation, guidance, and control. Today, companies like Blue Arrow Aerospace, Tianbing Technology, and CAS Space, which are part of Wuxi Industrial Group’s layout, have formed an industry matrix covering the entire rocket spectrum, and all have initiated listing processes.

In the field of artificial intelligence, Wuxi Industrial Group has invested in Zhihui Huazhang, Horizon Robotics, and ZeroKre Technologies. In embodied intelligence, the group’s investments extend to JiZhiJia, Yuejiang Technology, and Galaxy General.

Looking ahead, Wuxi Industrial Group will continue to leverage state-owned capital to catalyze the development of hard technologies such as integrated storage and computing, focus on core technology R&D and industrialization, and persistently push forward original, cutting-edge, and disruptive technological breakthroughs. The group aims to promote deep integration of technological innovation with the real economy, strengthening Wuxi’s landmark industries like integrated circuits and expanding future industries such as artificial intelligence with solid financial support and industrial strength.