持续提升制度包容性、适应性 资本市场积极赋能江苏高质量发展

Core Viewpoint - The article emphasizes the importance of enhancing the inclusiveness and adaptability of the capital market to support high-quality development in Jiangsu, aligning with national economic strategies and reforms [2]. Group 1: Capital Empowering Industrial Upgrades - The China Securities Regulatory Commission (CSRC) has introduced various reforms, including the "16 Articles for Science and Technology Innovation" and the "8 Articles for the Science and Technology Innovation Board," to support high-quality development of innovative enterprises in Jiangsu [4]. - In 2025, Jiangsu added 29 new listed companies, all of which are technology innovation enterprises, demonstrating a clear trend of capital focusing on innovation [4]. - Nearly 80% of the companies that passed the listing guidance in Jiangsu belong to strategic emerging industries, with 20 technology innovation enterprises accelerating their listing processes [4]. Group 2: Focus on Future Industry Breakthroughs - Jiangsu is actively fostering future industries and international competitiveness, with several companies planning to apply for listing under the fifth standard of the Science and Technology Innovation Board, which supports unprofitable but technologically advanced firms [6]. - Jiangsu has seen multiple companies successfully obtain approval for listing in Hong Kong, enhancing their international influence and broadening financing channels [6]. - By the end of 2025, the number of companies listed in both A-share and H-share markets from Jiangsu reached 9, indicating a steady increase in the internationalization of the capital market [7]. Group 3: Quality Improvement and Efficiency Enhancement - The Jiangsu Securities Regulatory Bureau emphasizes the importance of stabilizing employment, enterprises, markets, and expectations as part of its regulatory approach [8]. - Over 20 specialized policy seminars and case analysis meetings were held in 2025 to guide companies on listing rules and compliance risks, aiming to improve the quality of listed companies from the source [8][9]. - The bureau has implemented a "one city, one office" mechanism to enhance collaboration and service efficiency, helping companies match suitable listing platforms based on their specific needs [9]. Group 4: Future Outlook - The Jiangsu Securities Regulatory Bureau aims to further enhance the inclusiveness and adaptability of the capital market to support technological self-reliance and cultivate new productive forces [9]. - The bureau plans to optimize regulatory services while combating severe violations, thereby improving the capital market ecosystem and boosting investor confidence [9]. - Continuous efforts will be made to ensure that supportive policies reach industries effectively, promoting deep integration of technological and industrial innovation [9].