Core Points - Three companies, He Yuan Bio, Xi'an Yicai, and Bibet, successfully listed on the Shanghai Stock Exchange, marking a significant moment for the Sci-Tech Innovation Board, which now has 35 companies in the growth tier and a total of 592 listed companies [2][3] Group 1: Market Response - The secondary market showed strong enthusiasm for the newly listed companies, with Xi'an Yicai opening at 39.78 CNY per share, up 361.48%, He Yuan Bio at 88 CNY, up 202.82%, and Bibet at 48.90 CNY, up 175.03% [3] Group 2: Government Support - Local governments are actively supporting high-quality "hard tech" companies to go public, with initiatives aimed at creating a positive cycle between technology, industry, and finance [4] - The establishment of the Sci-Tech Innovation Board and the pilot registration system is seen as a dual mission to reform the capital market and support technological self-reliance [4] Group 3: Future Plans and Reforms - The Shanghai Stock Exchange plans to enhance its role as a "testbed" for high-quality development, focusing on identifying and supporting "hard tech" companies in various cutting-edge fields [5][6] - The exchange aims to improve regulatory effectiveness while ensuring investor protection and fostering a market environment conducive to long-term capital investment [6] Group 4: Company Perspectives - Company leaders expressed gratitude for the supportive reforms, emphasizing that the new policies have opened doors to capital markets, enabling accelerated technology transformation and industrial capacity enhancement [7][8] - He Yuan Bio's leadership highlighted the importance of the listing for industrialization and the company's commitment to high-quality development in the biopharmaceutical sector [8] - Bibet's chairman noted the need for a collaborative effort among policy, capital, and enterprises to enhance innovation accessibility and commercialization certainty [9] Group 5: Role of Intermediaries - Intermediary institutions play a crucial role in supporting the operation and development of sci-tech enterprises, with a focus on providing comprehensive financial services post-listing [10][11] - The establishment of the growth tier has introduced new dynamics for underwriting institutions, which are now expected to act as value discoverers and support companies through their growth phases [11][12]
见证科创板历史性一刻 首批新注册科创成长层公司上市
Shang Hai Zheng Quan Bao·2025-10-28 19:32