Group 1 - The core viewpoint emphasizes the necessity of collaboration among investors, scientists, and entrepreneurs for innovative development [1] - The China Securities Regulatory Commission (CSRC) has implemented significant structural changes in the capital market, which have effectively promoted a virtuous cycle among technology, capital, and industry [1] - The CSRC has actively pursued the innovation-driven development strategy, enhancing reforms in issuance and mergers and acquisitions to support technological innovation and industrial transformation [1]