20cm速递｜科创综指ETF（589630）涨超1.2%，深化改革增强科创板包容性

Group 1 - The core viewpoint of the news is that the reform of the Sci-Tech Innovation Board (STAR Market) enhances inclusivity for unprofitable companies by establishing a growth tier, allowing 32 existing unprofitable companies to enter this tier and be marked as "成1" [1] - The reform implements a "new and old distinction," where existing companies must achieve their first profit to be removed, while new registered companies must meet the first set of listing standards of the STAR Market to promote accelerated R&D and market expansion [1] - The reform is expected to attract more unprofitable sci-tech companies to apply for IPOs, with 13 unprofitable companies already in the queue [1] Group 2 - The pre-review mechanism aims to enhance review efficiency by accurately identifying applicable situations, such as key technology enterprises, which is expected to shorten the IPO review cycle and further optimize the listing environment for sci-tech companies [1] - The Guotai ETF tracking the Sci-Tech Innovation Index can experience daily fluctuations of up to 20%, reflecting the overall performance of the STAR Market [1] - The Sci-Tech Innovation Index covers nearly all listed companies on the STAR Market, with a market capitalization coverage rate close to 97%, particularly focusing on innovative companies in the hard technology sector, effectively representing the overall market trend [1]