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<article xsi:noNamespaceSchemaLocation="http://jats.nlm.nih.gov/publishing/1.1/xsd/JATS-journalpublishing1-mathml3.xsd" dtd-version="1.1" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><front><journal-meta><journal-id journal-id-type="publisher-id">PBES</journal-id><journal-title-group><journal-title>Proceedings of Business and Economic Studies</journal-title></journal-title-group><issn>2209-2641</issn><eissn>2209-265X</eissn><publisher><publisher-name>Bio-Byword Scientific Publishing Pty. Ltd.</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26689/pbes.v7i4.8068</article-id><article-categories><subj-group subj-group-type="heading"><subject>Article</subject></subj-group></article-categories><title>Research on the Mechanism and Strategy of Equity Investment Driving the Transformation of New Material Innovation Achievements</title><url>https://artdesignp.com/journal/PBES/7/4/10.26689/pbes.v7i4.8068</url><author>ZhangXiao</author><pub-date pub-type="publication-year"><year>2024</year></pub-date><volume>7</volume><issue>4</issue><history><date date-type="pub"><published-time>2024-08-26</published-time></date></history><abstract>Under the wave of global technological revolution, the new materials industry is facing difficulties in innovation and transformation. Equity investment has become a key driving force due to its flexible mechanism, risk sharing, and deep participation. Based on introducing the current development status of China’s new materials industry, this article reveals the mechanism of equity investment in financial support, risk management, incentive constraints, and resource integration. 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