Hubei established the first domestic patent investment and financing platform

Three authoritative patent evaluating agencies have shouldered the responsibility in assessing patents in Hubei province via the patent investment and financing platform, a sign of the startup of the first such platform across the country, according to information released by the Intellectual Property Office of Hubei province on September 4.

Co-built by the provincial intellectual property office and Wuhan Guanggu United Assets and Equity Exchange, and focusing on patent creation, utilization, protection and management, the platform mainly offers services on patent transformation, investment and financing.

The provincial IP office has allocated special funds to boost the development of the platform, subsidizing patent hosting, transaction and pledge loans.

Using its current service platform resources, Wuhan Guanggu United Assets and Equity Exchange has pledged to offer one-stop service for patent transformation, investment and financing by stepping up patent promotion, transaction, pledge financing, assessment, security, hosting, search, filing and consulting. [Chinese version is available on