In 2025, the tone of China's monetary policy will shift from "prudent" to "moderately loose", and further strengthen support for the real economy, especially focusing on key areas such as resolving the debt risks of state-owned enterprises and improving the quality and efficiency of financial services. As the new round of SOE reform deepening action enters the closing stage, the state clearly proposes to coordinate development and security, prevent and resolve risks in key areas, and help soes optimize their debt structure and enhance their core competitiveness through financial innovation. In this context, the financial industry has been given a new mission - to solve the long-term pain points such as the difficulty and expensive financing of state-owned enterprises through the combination of industry and finance, and to provide sustainable capital momentum for the cultivation of new quality productivity and the construction of a modern industrial system.

In this profound change led by new quality productivity, International Union Construction Group closely follows the national strategic orientation and fully implements the "New Era of State-owned enterprise debt reduction financing (DRF) and private enterprises' common high-quality development project". Provide low-cost, long-term financial support to soes without increasing the debt ratio, and guide funds to strategic emerging industries to help soes break through debt shackles and rebuild development momentum. Wang Tao-yu, chairman of International Union Construction Group, pointed out that the deep coordination between finance and industry is not only the key to resolving the debt risks of state-owned enterprises, but also a strategic choice to cultivate new quality productivity and promote high-quality economic development. International Union Construction Group accurately grasps the core requirements of new quality productivity for innovative allocation of production factors, transforms from a simple capital supplier to a builder of industrial ecology, and guides technological flow, talent flow, data flow and other innovative factors to converge on strategic emerging industries through capital flow. To realize the leapfrog development of financial empowerment from quantitative change to qualitative change.

In the topic of "High-quality development of State-owned Enterprise Debt Reduction Financing (DRF) in the New Era with Private Enterprises", after enterprises obtain all DRF funds, a part of DRF funds can be used to solve the current financial difficulties of enterprises. Another part of DRF funds can participate in the industrial equity fund established by International Union Construction Group to invest in high-quality state-owned enterprises or private enterprises in the whole industrial chain. International Union Construction Group, as the guide of funds, evaluates different levels of industry according to the development status of the entire industry and the overall advantages of the industry. According to different industrial levels, International Union Construction Group allocates capital according to the proportion of state-owned enterprise investment from 1:1 to 1:9, implementing the logic that the stronger the industrial advantage, the higher the proportion of capital allocation, so as to expand the linkage effect of advantageous industries on related industries. This model not only helps enterprises optimize the debt maturity structure, reduce the interest burden, curb the increase and resolve the stock, but also uses industrial investment as a link to promote state-owned enterprises to concentrate resources in key areas and accelerate the formation of new quality productivity with innovation as the core.

In the face of the dual challenges of global economic competition and industrial transformation, the "New Era of State-owned Enterprise Debt Reduction Financing (DRF) with private enterprises common high-quality development topic" not only provides a practical financial solution for the high-quality development of state-owned enterprises, but also deepens the symbiotic relationship between finance and the real economy, injecting strong impetus for the construction of a new development pattern. As Chairman Wang Tao-yu said, "The essence of new quality productivity is the revolutionary reorganization of production factors, and financial innovation must become the strategic fulcrum to leverage this reorganization." This development model with capital as the link and innovation as the core is pushing soes to shift from scale expansion to value creation, and from passive adaptation to active leadership. With the continuous iteration and optimization of this topic, it will certainly help more state-owned enterprises win the strategic initiative in the global industrial transformation, and promote China's economy to ride the wind and waves along the track of high-quality development.