Bank of Jiangsu launches 'Token Collateral' loans for AI computing, first batch totals 16 mln yuan

In response to the national strategy of "building a new form of intelligent economy" and aligning with Jiangsu Province's digital economy development plans, Jiangsu Bank has partnered with Jiangsu Provincial Science and Technology Financing Guarantee Co., Ltd. (hereinafter referred to as "Provincial Sci-Tech Guarantee") and local guarantee institutions to launch a specialized product called the "Computing Power Token Guarantee". The initiative focuses on product innovation, mechanism coordination, and scenario-based implementation. The first batch of projects has been rolled out in three branches—Zhenjiang, Nanjing, and Suzhou—with a total of 16 million yuan in guaranteed loans disbursed, marking a new path for bank-guarantee collaboration in serving the AI computing power industry chain.

Targeting Industry Pain Points: Joint Product Development

The computing power industry is a typical asset-light, tech-driven sector. Companies invest heavily in server procurement, data center construction, and R&D, yet generally lack traditional real estate collateral. This creates a mismatch with conventional credit evaluation logic that emphasizes physical assets and collateral.

To address this bottleneck, Jiangsu Bank and Provincial Sci-Tech Guarantee established a head-to-head coordination mechanism and engaged in deep product co-creation, restructuring the traditional credit assessment framework. By integrating the bank's internal five-dimensional evaluation of tech enterprises and incorporating parameters such as computing power scale and token consumption as core credit criteria, the partnership transforms computing power—a new production factor—into a quantifiable and financeable credit asset, effectively monetizing "data credit."

In addition, the two parties jointly designed three sub-products:

• "Token Supply Guarantee"
• "Token Application Guarantee"
• "Token Service Guarantee"

These products offer a maximum guaranteed credit line of 20 million yuan and a term of up to three years, covering the full spectrum of capital needs—from computing power production and deployment to operation and consumption.

Precise Project Implementation: Empowering the Computing Power Chain

Leveraging a close bank-guarantee coordination mechanism, Jiangsu Bank and its partner guarantee institutions quickly launched the first batch of "Computing Power Token Guarantee" projects in Zhenjiang, Nanjing, and Suzhou, precisely matching the financing needs of enterprises at different stages of the value chain.

Zhenjiang: First Project in the Province

A cloud computing company in Zhenjiang—one of the leading third-party independent high-defense computing power providers in East China—has built its own Guantang Supercomputing Center, with daily token consumption ranging from 500 million to 700 million. Jiangsu Bank, together with Provincial Sci-Tech Guarantee and Zhenjiang Guarantee, formed a dedicated task force to accelerate the process from needs assessment and joint due diligence to document issuance and loan disbursement. The result was the province's first "Computing Power Token Guarantee" loan of 5 million yuan, supporting the company's expansion of computing infrastructure and strengthening the regional AI computing power base.

Nanjing: Direct Support for "Little Giant" Enterprise

A data technology company in Nanjing, recognized as a national-level specialized and new "Little Giant" enterprise, faces computing power procurement as its largest fixed expense. Jiangsu Bank and Provincial Sci-Tech Guarantee determined the guaranteed credit line based on the company's computing procurement needs and operational data, providing a dedicated guaranteed loan of 10 million yuan—the largest among the first batch of "Computing Power Token Guarantee" projects. This effectively alleviated the company's capital pressure from computing power investment and ensured stable business operations.

Suzhou: Exploring a "Guarantee + Equity Warrant" Model

An intelligent technology company incubated under the Chinese Academy of Sciences' "Hongguang Special Project" faced financing difficulties due to a lack of collateral. Jiangsu Bank and Provincial Sci-Tech Guarantee supported its large-model R&D through a "guarantee + equity warrant" model, disbursing a loan of 1 million yuan. The company's robots are now deployed at multiple airports across the country, extending the bank-guarantee collaboration from "debt support" to "investment-guarantee linkage."

Looking Ahead

The successful rollout of the first batch of "Computing Power Token Guarantee" projects represents a significant step in Jiangsu Bank's efforts to deepen bank-guarantee cooperation and serve new productive forces. It also validates the replicability and scalability of the "bank-guarantee cooperation + investment-guarantee linkage" model.

Going forward, Jiangsu Bank will continue to strengthen its strategic partnerships with Provincial Sci-Tech Guarantee and local guarantee institutions, integrating technology guarantees, bank credit, venture capital, and policy resources to build a full-chain science and technology financial service ecosystem. The bank aims to continuously iterate financial services tailored to asset-light tech enterprises, injecting sustained momentum into the high-quality development of the province's digital economy.

For more exclusive features and expert columns, visit the Finance Channel. Editor: An Dong