商业火箭IPO政策来了！上交所：适用科创板第五套标准，申报时至少实现首次成功入轨｜快讯

Core Viewpoint - The Shanghai Stock Exchange (SSE) has released guidelines for commercial rocket companies to apply for listing on the Sci-Tech Innovation Board, specifically under the fifth set of listing standards, aimed at promoting technological innovation in the sector [2]. Group 1: Guidelines Overview - The guidelines, referred to as "Guidelines No. 9 for the Application of Listing Review Rules," align with the fifth set of listing standards and address four key areas: significant technological advantages, phased achievements, necessary approvals from relevant national departments, and large market potential [2]. - A specific requirement for phased achievements is that companies must have successfully launched a medium to large reusable rocket that has placed a payload into orbit at least once by the time of application [2]. Group 2: Future Directions - The SSE aims to leverage the release of these guidelines to facilitate the listing of commercial rocket companies that meet the specified standards on the Sci-Tech Innovation Board, thereby enhancing support for technology-driven enterprises that are breaking through key core technologies [2]. - The SSE intends to continuously improve the inclusiveness, adaptability, attractiveness, and competitiveness of its regulatory framework to better serve technological innovation and the development of new productive forces [2].