The Finance Committee Office of the Shanghai Municipal Committee of the Communist Party of China, the Shanghai Development and Reform Commission and other departments issued “Certain Measures to Further Strengthen Technology Finance Services by Fully Utilizing Direct Financing Functions in Shanghai”, which proposed to push the Science and Technology Innovation Board to continue to deepen reforms. Promote the introduction of a fifth set of standard listing review guidelines for enterprises such as artificial intelligence and low-altitude economy on the Science and Technology Innovation Board, promote the listing of enterprises in emerging industries and future industries such as controlled nuclear fusion, physical intelligence, big models, quantum computing, and brain-computer interfaces on the Science and Technology Innovation Board, continue to expand the scope of application of the fifth set of listing standards on the Science and Technology Innovation Board, and enhance the institutional inclusiveness and adaptability of the capital market to unprofitable enterprises in the cutting-edge technology sector. Make good use of the pilot IPO pre-review mechanism for high-quality technology companies, and promote the further improvement of the communication mechanism between the Shanghai Stock Exchange and high-quality investment institutions and professional investors.

The Finance Committee Office of the Shanghai Municipal Committee of the Communist Party of China, the Shanghai Development and Reform Commission and other departments issued “Certain Measures to Further Strengthen Technology Finance Services by Fully Utilizing Direct Financing Functions in Shanghai”, which proposed to push the Science and Technology Innovation Board to continue to deepen reforms. Promote the introduction of a fifth set of standard listing review guidelines for enterprises such as artificial intelligence and low-altitude economy on the Science and Technology Innovation Board, promote the listing of enterprises in emerging industries and future industries such as controlled nuclear fusion, physical intelligence, big models, quantum computing, and brain-computer interfaces on the Science and Technology Innovation Board, continue to expand the scope of application of the fifth set of listing standards on the Science and Technology Innovation Board, and enhance the institutional inclusiveness and adaptability of the capital market to unprofitable enterprises in the cutting-edge technology sector. Make good use of the pilot IPO pre-review mechanism for high-quality technology companies, and promote the further improvement of the communication mechanism between the Shanghai Stock Exchange and high-quality investment institutions and professional investors.