首批增量科创成长层公司今日上市 科创板包容性集聚“硬科技”动能

Core Points - Three companies, He Yuan Bio, Xi'an Yicai, and Bibete, will be listed on the Shanghai Stock Exchange, marking the first batch of companies in the newly established Sci-Tech Innovation Board Growth Layer [1] - The total number of companies in the Sci-Tech Innovation Board will reach 592, with the Growth Layer companies totaling 35 [1] - The introduction of the "1+6" policy by the China Securities Regulatory Commission aims to deepen reforms in the Sci-Tech Innovation Board, highlighting its support for hard technology enterprises [1][4] Company Summaries - Xi'an Yicai is a leading player in the 12-inch silicon wafer market, ranking first in China and sixth globally, with a market share of approximately 6% in monthly shipments and 7% in production capacity [2] - He Yuan Bio has developed a globally innovative "rice-derived blood" technology, with its recombinant human albumin injection approved for market, addressing the long-standing reliance on imported human serum albumin in China [3] - Bibete focuses on innovative drug development for major diseases, with its product BEBT-908 recently approved for treating relapsed or refractory diffuse large B-cell lymphoma [3] Industry Insights - The Sci-Tech Innovation Board Growth Layer has attracted 32 existing unprofitable companies, primarily in strategic emerging industries such as new-generation information technology and biomedicine [4] - These companies have shown strong innovation potential, with a combined R&D investment of 30.6 billion yuan in 2024, representing a median R&D investment ratio of 65.4% of their revenue [4] - The Growth Layer has seen 13 innovative drug companies successfully launch 20 new drugs, demonstrating significant development potential and the ability to achieve breakthrough therapy designations [5] Market Trends - Several innovative drug companies are accelerating their transition from R&D to commercialization, with potential transaction values nearing 5 billion USD from various licensing agreements [5] - In the semiconductor sector, companies like Xinlian Integrated Circuits have become major players, supplying over 90% of domestic new energy vehicle manufacturers [6] - The Growth Layer's expansion reflects the quality of growth among hard technology enterprises and the capacity of the reform "testbed" [6]