In the context of the new era,technology-based SMEs play a pivotal role in the development of the national economy.Cangzhou city places high importance on nurturing innovation entities,continu-ously optimizing the innovation environment,stimulating innovation vitality,and enhancing innovation ca-pabilities.There has been a significant increase in the number and quality of technology companies.How-ever,there are still issues in the process of financial support for technology companies,including informa-tion asymmetry between banks and enterprises,difficulties in financing for technology companies;relative-ly single financing channels,insufficient development of financial institutions;low alignment of financial products with the needs of technology SMEs;and inadequate role of policy finance.Therefore,it is neces-sary to build a technological financial service system,strengthen the connection between banks and enter-prises,expand financial service platforms,encourage product innovation by financial institutions,enhance talent introduction and training,boost the capacity for technological innovation,and promote high-quality economic development in Cangzhou city.