据介绍，本次大会以"新质驱动·未来领航"为主题，展现"硬科技底色"。本次大会由深圳市工业和信息 化局、深圳市中小企业服务局指导，长城战略咨询、交通银行、深创投、国信证券、深圳报业集团联合 主办，北京与仁科技服务有限公司、深圳私募基金业协会、深证中小企业服务中心承办。 此外，深创投、深天使、深高新投、深担保、达晨财智、东方富海、基石资本、同创伟业等投资机构将 出席本次大会。而大会设计的"合作洽谈会"等活动，将让创新力量深度对接深圳的产业链资源与政策红 利，实现"落地即加速"的共赢。 期间，《GEI中国独角兽企业研究报告2025》与《深圳市独角兽企业及瞪羚企业研究报告2025》将发 布，通过量化分析与深度洞察，解码独角兽企业的成长密码与产业趋势。 值得关注的是，作为本次大会的东道主，深圳的"独角兽军团"将集体亮相。据了解，深圳是全国"硬科 技"独角兽最活跃的城市之一，深圳独角兽主要集中在前沿科技领域，在集成电路、机器人、3D打印、 清洁能源等赛道表现尤为突出。深圳独角兽的成长轨迹，是一部"从跟跑到领跑"的创新史诗。近些年， 深圳独角兽企业中不乏成功上市的企业，既有优必选、云天励飞等硬科技代表，也有奈雪的茶等新消费 ...

Core Viewpoint - The "Eight Measures for Deepening the Reform of the Sci-Tech Innovation Board" aim to create a favorable market ecosystem and enhance the quality and efficiency of companies, focusing on high-quality development and long-term investor confidence [1] Group 1: Implementation of "Quality Improvement, Efficiency Enhancement, and Return to Investors" - In 2024, 470 companies on the Sci-Tech Innovation Board disclosed their annual action plans for "Quality Improvement, Efficiency Enhancement, and Return to Investors," with participation rates exceeding 80% [1] - The total R&D investment of the Sci-Tech Innovation Board reached 168.08 billion yuan in 2024, with a compound annual growth rate of 10.7% over the past three years [2] - By the end of 2024, over 120,000 invention patents were accumulated, with more than 20,000 new patents added in 2024 [2] Group 2: Focus on "Hard Technology" - The "Eight Measures" prioritize the positioning of "hard technology" on the Sci-Tech Innovation Board, encouraging companies to adopt practical measures to cultivate new productive forces [1] - Companies like Shengmei Shanghai plan to maintain R&D investment at around 15% of revenue, while Hehui Optoelectronics aims for a 5% increase in R&D investment in 2025 [2] Group 3: Mergers and Acquisitions for Quality Improvement - Since the release of the "Eight Measures," over 100 new mergers and acquisitions have been disclosed on the Sci-Tech Innovation Board, with transaction amounts exceeding 33 billion yuan [3] - Companies are increasingly pursuing mergers and acquisitions to enhance technological capabilities and achieve resource optimization [3] Group 4: Strengthening Investor Relations - Over 430 companies on the Sci-Tech Innovation Board have launched more than 760 stock incentive plans, covering over 70% of the board [5] - More than 60% of companies proposed cash dividend plans for 2024, with total dividends exceeding 38.6 billion yuan [6] - Companies are actively engaging in investor relations activities, including performance briefings and investor surveys, to enhance communication with investors [6]

Core Insights - The A-share IPO market has shown significant activity in June, with a total of 113 companies accepted for listing across the three major exchanges in the first half of 2025, marking a substantial increase from 16 in May to 86 in June [1][3] - The Beijing Stock Exchange (BSE) has been particularly active, accepting 54 companies in June alone, contributing to a total of 72 for the first half of the year, indicating a strong interest from "specialized, refined, unique, and innovative" small and medium enterprises [3] - The surge in IPO applications is attributed to two main factors: the approaching financial report update deadline and the positive impact of policy reforms, especially on the Sci-Tech Innovation Board, which has become more inclusive for unprofitable companies [3][4] Summary by Category IPO Activity - In June, the three exchanges received 86 new applications, a fourfold increase from May's 16 [1] - The total number of companies accepted for listing in the first half of 2025 reached 113 [1] Exchange Performance - The BSE led with 54 new applications in June and 72 in total for the first half [3] - The Main Board, ChiNext, and Sci-Tech Innovation Board followed, with the Sci-Tech Innovation Board allowing unprofitable companies to apply, signaling increased inclusivity [3] Industry and Regional Insights - Manufacturing companies dominate the new applications, particularly in the fields of computer, communication, and electronic equipment manufacturing [3] - The Yangtze River Delta remains a capital hub, with Zhejiang, Jiangsu, and Guangdong accounting for over 60% of the accepted companies [4] Future Outlook - The IPO acceptance activity is expected to remain robust in the second half of the year, driven by the urgency of companies to secure financing and the supportive role of the multi-tiered capital market in fostering technological innovation and economic circulation [4]

Group 1 - The "exit difficulty" issue in Shenzhen's private equity and venture capital industry has eased, with total exits rebounding [1] - In 2024, the number of exit projects reached 1,954, the highest in three years, with exit principal amounting to 43.069 billion yuan and actual exit amounting to 58.831 billion yuan, representing increases of 94.62%, 71.06%, and 70.28% respectively compared to 2023 [1] - Cumulatively, by the end of 2024, there were 11,484 exit projects, with a total exit principal of 255.689 billion yuan and actual exit amount of 437.329 billion yuan, reflecting growth of 20.43%, 3.26%, and 3.66% respectively from the end of 2023 [1] Group 2 - Despite a decline in overall exit return multiples compared to 2023, the "hard technology" sector continues to show strong exit returns [1] - By the end of 2024, the cumulative number of exit projects in the information technology services, electronic devices, semiconductors, medical devices, software development, chemical products, and biotechnology sectors accounted for 35.69% of total exits, with chemical products and semiconductors achieving exit return multiples of 5.14 and 3.01 respectively [1] - In 2024, the exit projects from the aforementioned seven sectors represented 43.86% of total exits, with biotechnology showing an upward trend and an exit return multiple of 2.59, surpassing the cumulative exit return multiple [1] Group 3 - The Shenzhen venture capital industry is witnessing a trend of fund size concentration among leading large institutions, with the top 10% of institutions managing approximately 74% of the private equity venture capital fund size [2] - As of the end of December 2024, there were 801 private equity and venture capital fund managers in Shenzhen, with a total of 3,429 registered private equity venture capital funds and a management scale of 410.342 billion yuan, reflecting year-on-year growth of 4.13% and 1.13% in fund numbers and scale respectively [2]

每日经济新闻 （责任编辑：张晓波 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请 读者仅作参考，并请自行承担全部责任。邮箱：news_center@staff.hexun.com 5月22日，大盘弱势震荡，科创综指盘中翻红。截至 10:16，上证科创板综合指数上涨0.32%，成分股三生国健涨停，希荻微上涨14.10%，江苏北人上涨 8.48%，科捷智能上涨7.27%，国光电气上涨6.68%。科创综指ETF华夏(589000)上涨0.32%，最新价报0.94元。 流动性方面，科创综指ETF华夏盘中换手2.37%，交易较为活跃，成交6515.67万元。拉长时间看，截至5月21日，科创综指ETF华夏近1月日均成交1.75 亿元，居可比基金第一。资金流入方面，科创综指ETF华夏连续两日获资金净流入，最新资金净流入374.74万元。拉长时间看，近19个交易日内，合计"吸 金"2.39亿元。 消息方面，科创板融资余额较前一交易日增加2.79亿元，融券余额增加891.53万元。343股融资余额环比增加，123股融 ...

硬科技成为公募重要掘金方向。今年一季度末，主动权益类基金的科创板股票配置比例创出历史新高。 与此同时，科创主题基金整体保持较高仓位运作。随着公募加大科创板布局力度，众多新品密集成立， 未来更多增量资金可期。 截至一季度末，主动权益类基金的科创板股票配置比例为15.17%，较去年底提升2.11个百分点，创下历 史新高 15.17% ◎记者赵明超 从易方达科创板两年定期开放混合基金的前十大重仓股来看，截至一季度末，聚辰股份、澜起科技、晶 晨股份、龙迅股份、中芯国际成为基金新进前十大重仓股。 今年以来，公募持续加大对科创板的布局力度。从新基金发行情况来看，今年以来科创板相关基金发行 规模已超过500亿元。其中，华夏科创综指ETF联接基金发行规模为48.92亿元，易方达科创综指ETF联 接基金发行规模为43.62亿元。 更多增量资金可期，科创板相关基金阵营有望继续大幅扩容。截至4月25日，嘉实科创综指ETF联接、 鹏华上证科创板200ETF联接、农银上证科创板50指数、长城上证科创板100指数增强等15只科创板相关 基金正在发行。此外，广发上证科创板100ETF、南方上证科创板成长ETF等5只科创板相关基金敲定发 行 ...

01 湖北： 300亿，中金资本旗下这支母基金完成备案 由中金资本运营有限公司（简称 "中金资本"）担任管理人，与湖北交通投资集团有限公司（简 称 " 湖 北 交 投 集 团 " ） 联 合 发 起 设 立 的 湖 北 省 高 路 发 展 投 资 基 金 合 伙 企 业 （ 有 限 合 伙 ） （ 简 称"湖北高速公路发展基金"或"基金"）已完成募集，并于近日在中国证券投资基金业协会完成 备案，基金总规模为3 0 0亿元人民币。 湖北高速公路发展基金由湖北省委省政府批准设立，采用有限合伙制架构，由湖北交投集团作 为有限合伙人，中金资本担任管理人及普通合伙人。该基金作为创新投融资工具，充分发挥财 政资金的杠杆作用，着力推动湖北省高速公路项目建设的持续健康发展，重点支持现代交通体 系构建与战略新兴产业发展，全面赋能湖北省加快建成中部地区崛起重要战略支点。 中国母基金行业一周资讯（ 4 . 5 - 4 . 11） 【资讯解读】 本 周 资 讯 涉 及 的 母 基 金 管 理 规 模 达 7 5 6 . 5 8 亿 元 ， 主 要 分 布 在 上 海 、 浙 江 、 湖 北 、 广 东 、 福 建、河南 等地区，投资 ...