上海证券报：启迪之星发展成绩是我国小微企业扶持政策落地见效的缩影

Core Insights - In 2025, China's support policies for small and micro enterprises continue to strengthen, with various incubation platforms actively contributing to financial relief and resource matching, thereby solidifying the foundation for enterprise growth [1][4] - The success of the Tsinghua Star incubation network is evident, with 3 companies going public, 1 company undergoing a cross-border acquisition, and 140 companies securing over 20 billion yuan in new financing, showcasing the innovative vitality of small and micro enterprises under policy empowerment [1][3] Financing and Market Activity - The breakthrough of companies entering the capital market is supported by national equity financing policies, with a significant measure issued in May 2025 to support eligible small and micro enterprises in listing and financing [1] - Tsinghua Star's incubated companies have made notable capital movements, including Minglue Technology's listing on the Hong Kong Stock Exchange, which was oversubscribed by 4,452.86 times, and Haibo Sichuang's listing on the A-share Sci-Tech Innovation Board [3] - The total financing for Tsinghua Star's incubated companies exceeded 20 billion yuan in 2025, representing a 90.48% increase from the previous year's 10.5 billion yuan, indicating a substantial rise in financing scale [3] Support Services and Internationalization - In addition to financial support, incubation platforms provide diverse services for international development, such as the Tsinghua Overseas Training Camp, which addresses information asymmetry and local resource accessibility for enterprises looking to expand abroad [3] - Tsinghua Star's efforts have facilitated partnerships, such as Silicon-based Park's collaboration with an educational client in Singapore to expand into the Southeast Asian market [3] Future Outlook - Tsinghua Star aims to enhance its industry empowerment and provide more personalized support services to promote the rapid growth of more technology-oriented small and micro enterprises [4] - The achievements of Tsinghua Star reflect the effective implementation of China's support policies for small and micro enterprises, with expectations for continued policy deepening and professional empowerment to foster a golden growth period for innovative small and micro enterprises, contributing to high-quality national economic development [4]