Group 1 - The Shanghai Stock Exchange (SSE) held several symposiums with leading private equity investment institutions to gather feedback and address market concerns, emphasizing the importance of private equity in the STAR Market ecosystem [1] - Over 90% of companies listed on the STAR Market received investment and support from private equity institutions before going public, highlighting the critical role these institutions play in the market [1] - The introduction of the "1+6" policy has significantly boosted the confidence of private equity institutions and technology entrepreneurs, promoting a virtuous cycle of "technology-industry-capital" and enhancing the quality of service for technological self-reliance [1] Group 2 - Private equity institutions unanimously expressed that the "1+6" policy has improved the investment cycle, allowing them to invest early, in smaller amounts, and focus on long-term investments in hard technology, thus providing comprehensive lifecycle services to technology companies [2] - The SSE plans to strengthen communication with private equity institutions to better implement the "1+6" policy, guiding these institutions to seize policy opportunities and enhance their role in supporting technological innovation [2] - The SSE aims to promote the "1+6" policy through effective communication and case studies, ensuring better service for technological innovation and the development of new productive forces [2]

Core Viewpoint - The implementation of the "1+6" policy for the Sci-Tech Innovation Board (STAR Market) aims to enhance the capital market ecosystem to better support technological innovation, with significant engagement from leading equity investment institutions [1][2]. Group 1: Policy Impact - The "1+6" policy has revitalized equity investment institutions, boosting their confidence and encouraging technology entrepreneurs, thereby promoting a virtuous cycle of "technology-industry-capital" [1]. - Over 90% of companies listed on the STAR Market received support from equity investment institutions prior to their IPOs, highlighting the critical role these institutions play in the ecosystem [1]. Group 2: Institutional Response - Equity investment institutions expressed strong support for the "1+6" policy, which facilitates the entire lifecycle of investment, from fundraising to exit, and encourages investments in early-stage, small, and hard technology ventures [2]. - Institutions plan to thoroughly understand the "1+6" policy and assist technology companies in comprehensively grasping its measures, indicating a collaborative approach to implementation [2]. Group 3: Future Directions - The Shanghai Stock Exchange (SSE) will enhance communication with equity investment institutions to form a synergy, aiming to better promote and implement the "1+6" policy and support technological innovation and new productive forces [2].