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

Core Viewpoint - The Shanghai Stock Exchange (SSE) has released guidelines for commercial rocket companies to apply for listing on the Sci-Tech Innovation Board, emphasizing support for technology-driven enterprises and innovation in the aerospace sector [2] Group 1: Guidelines Overview - The guidelines, titled "Guidance No. 9 on the Application of the Shanghai Stock Exchange Listing Review Rules for Commercial Rocket Enterprises," align with the fifth set of listing standards for the Sci-Tech Innovation Board [2] - The guidelines specify four key areas: significant technological advantages, phased achievements, approvals from relevant national departments, and large market potential [2] - A key requirement for phased achievements is that companies must have successfully launched a medium to large reusable rocket payload into orbit at least once by the time of application [2] Group 2: Strategic Implications - The SSE aims to leverage the release of these guidelines to promote the listing of commercial rocket companies that meet the specified standards on the Sci-Tech Innovation Board [2] - This initiative is part of a broader effort to support the development of technology-driven enterprises that can break through critical core technologies [2] - The SSE intends to enhance the inclusiveness, adaptability, attractiveness, and competitiveness of its regulatory framework to better serve technological innovation and the development of new productive forces [2]