Ge Long Hui·2026-02-09 14:34Group 1 - The A-share market is undergoing significant changes with the official launch of the Sci-Tech Innovation Board and the pilot registration system on March 2 [1] - Several Hong Kong companies are returning to the A-share market through methods such as spin-offs and the "H+A" model [1][5] Group 2 - Kingsoft Software announced its intention to spin off its Beijing Office Software for listing on the Sci-Tech Innovation Board, considering it a more suitable venue than the Shenzhen Stock Exchange [2][4] - The revenue of the office software segment reached 1.13 billion in 2018, with a year-on-year growth rate of 56%, significantly higher than the previous year's growth of 32% [2] - WPS Office achieved over 100 million monthly active users for its Android version in November 2018, making it the leading domestic office software [3] Group 3 - As of April 23, 90 companies have applied for listing on the Sci-Tech Innovation Board, with 72 companies receiving the first round of inquiries [5] - Fudan Zhangjiang plans to issue up to 120 million A-shares for listing on the Sci-Tech Innovation Board, marking a significant step in its return to the A-share market [6] - China Communications Signal and Haohai Biological Technology are pursuing overall listing models, with China Communications Signal aiming to raise 10.5 billion for advanced technology projects [6] Group 4 - MicroPort Medical's subsidiary, Xinmai Medical, has also applied for listing on the Sci-Tech Innovation Board, seeking to raise 651 million for various medical device projects [7] - Companies that have submitted applications to the Hong Kong Stock Exchange may consider applying for listing on the Sci-Tech Innovation Board after completing their H-share issuance [8] - The Hong Kong market remains open and unthreatened by the launch of the Sci-Tech Innovation Board, with the potential for good companies from the board to be included in the Stock Connect program [8]