今天，科创板科创成长层首批新注册企业上市

Core Viewpoint - The listing of three companies on the Sci-Tech Innovation Board marks a significant step in the implementation of major reforms aimed at enhancing the capital market's support for high-growth technology enterprises [1][2]. Group 1: Regulatory Developments - The China Securities Regulatory Commission (CSRC) has introduced significant policies such as the "Eight Articles for Sci-Tech Innovation Board" and "Six Articles for Mergers and Acquisitions" to facilitate the growth of the capital market [1]. - The CSRC's Vice Chairman Li Chao emphasized the smooth progress of the "1+6" reform implemented in June, which includes the establishment of the Sci-Tech Innovation Board's growth tier [1]. Group 2: Local Government Initiatives - Shanghai's government is actively supporting the Sci-Tech Innovation Board by enhancing collaboration with the CSRC and implementing initiatives like the upgraded "Pujiang Light" action plan to connect "hard technology" enterprises with capital markets [2]. - The Shanghai Municipal Government aims to fulfill its responsibility in serving national strategic goals while promoting the development of high-growth technology companies [2]. Group 3: Exchange's Role - The Shanghai Stock Exchange (SSE) is committed to maintaining a "hard technology" focus and will enhance its role as a testing ground for reforms, ensuring the identification of quality tech enterprises [2]. - The SSE plans to deepen reforms in areas such as issuance, underwriting, refinancing, and mergers and acquisitions to attract resources to the Sci-Tech sector [2][3]. Group 4: Investor Protection and Market Ecology - There is a strong emphasis on investor protection, with initiatives aimed at fostering a market environment where capital is attracted, companies retain their presence, and investors receive returns [3]. - The focus is on cultivating patient and long-term capital, promoting index-based investments, and improving the quality and investment value of listed companies [3].