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On November 24, Lei Yao, president of the Shanxi Branch of the People’s Bank of China, and Jing Dingdong, president of the Shanxi Branch of the Agricultural Bank of China, along with their teams, visited the Shanxi Coal Chemistry Research Institute to conduct research and hold in-depth discussions on deepening cooperation between technology and finance to support the local economic and social development. Fang Yitian, director of the Shanxi Coal Chemistry Research Institute, and heads of relevant functional departments participated in the investigation. At the symposium, Fang Yitian expressed on behalf of the research institute a warm welcome to the visits by both financial institutions, thanking them for their attention and support to the development of science and technology. He said that **against the backdrop of vigorously promoting an innovation-driven development strategy and fostering deeper integration between technology and the real economy, as an important part of the strategic scientific and technological forces, the Shanxi Coal Chemistry Research Institute urgently needs to work together with financial institutions such as banks to explore innovative cooperation models that combine technology and finance.** Lei Yao expressed high praise for the remarkable scientific achievements made by the Shanxi Coal Chemistry Research Institute. He said that through this research, he gained a profound understanding of the strong scientific research capabilities of the Shanxi Coal Chemistry Institute, which further strengthened his confidence and determination to contribute to technological innovation. It is hoped that both parties will work together to create an ecosystem characterized by deep integration of industry, academia, research, and finance, by combining the technological resources of the Shanxi Coal Chemistry Research Institute with the financial resources of banks, thereby turning them into a powerful driving force for the high-quality development of the local economy. Qing Dong stated that the Agricultural Bank attaches great importance to its cooperation with the Shanxi Coal Chemistry Research Institute, and is willing to make use of its comprehensive advantages in areas such as capital financing, resource integration, and risk management. By focusing on the industrial clusters that are key to local development, the bank will work together to innovate in the field of technology finance, providing more targeted financial support solutions for technologies that are in the pilot stage. This approach aims to address financing challenges and contribute to the development of new forms of productivity in Shanxi Province as well as to its industrial transformation. This research and exchange not only enhanced mutual understanding and trust but also laid a solid foundation for establishing long-term, stable, and mutually beneficial strategic partnerships in the future. All agreed that a regular communication mechanism should be established as soon as possible, so as to jointly explore a successful approach to leveraging technology for finance and using finance to foster innovation, and thus make greater and more tangible contributions to the development of an **innovation ecosystem as well as the high-quality economic and social progress of the region.