In recent years, Baotou's Rare-earth High-tech Zone has facilitated over 80 financing loans for 45 innovative entities, with a total amount exceeding 4 billion yuan ($557.94 million), thereby resolving bottlenecks faced by technology-based enterprises.

In the first half of this year alone, 157 million yuan of financial capital was allocated to enterprises, and precise guidance was provided to help them secure 2.55 million yuan of municipal-level bonus funds.

The zone has launched five intensive training sessions this year on the practical analysis of intellectual property administrative protection and overseas dispute resolution to strengthen intellectual property protection, benefiting over 100 enterprises.

Baotou INST Magnetic New Materials Co obtained the city's first data intellectual property registration certificate. The company has established three intellectual property operation centers at the autonomous region level and led the formation of the Rare Earth Industry Intellectual Property Development Alliance to promote the transformation and implementation of patent achievements. The total worth of enterprise transformation has exceeded 80 million yuan.

The city has paved a distinctive path where finance activates innovation, injecting momentum into the high-quality development of the rare earth industry.