Core Insights - The "Huqihang" training program for small and medium-sized enterprises (SMEs) aiming for public listing has successfully concluded, focusing on the "1+6" policy for the Sci-Tech Innovation Board [1][10]. Group 1: Training Program Overview - The training lasted for 3.5 days and targeted SMEs with strong regulatory compliance, hard tech attributes, and high growth potential [10]. - Experts from various institutions, including the Shanghai Stock Exchange and renowned law and accounting firms, provided insights on the latest listing policies and the current environment for IPO applications [10]. Group 2: Objectives and Achievements - The program aimed to broaden participants' perspectives, deepen their understanding of capital markets, and enhance practical skills related to listing guidance [3][10]. - Participants were encouraged to apply their learning to accelerate their companies' engagement with capital markets and align with national strategic directions such as hard technology [3]. Group 3: Support Mechanisms - The Shanghai SME Listing Promotion Center plans to establish a comprehensive support system for the entire lifecycle of listing, including incubation, cultivation, and safeguarding [3]. - The program included four discussion sessions where industry experts addressed policy questions and development challenges faced by participating companies [10]. Group 4: Recognition and Future Focus - Eight outstanding participants were recognized during the graduation ceremony, with a commitment to enhance R&D capabilities, optimize internal controls, and strengthen business management [11].

Domestic News - Xiaomi launched its SUV YU7 with a starting price of 253,500 yuan, achieving over 289,000 pre-orders within one hour [3] - The first AI glasses were also released by Xiaomi, priced starting at 1,999 yuan [3] - Honor has received listing counseling registration from the Shenzhen Securities Regulatory Bureau, marking a significant step towards its A-share IPO [5] - The Shanghai Stock Exchange held a meeting to implement the "1+6" policy for sponsor institutions in the Sci-Tech Innovation Board [5] - The National Development and Reform Commission announced that the third batch of funds for the replacement of old consumer goods will be distributed in July [5] - A new generation of domestically developed general-purpose processor, Longxin 3C6000, has been released [5] - The Ministry of Commerce provided updates on the approval of rare earth export applications to the EU, confirming that a certain number of compliant applications have been approved [5] - The National Financial Regulatory Administration and the People's Bank of China jointly released the "Implementation Plan for High-Quality Development of Inclusive Finance in the Banking and Insurance Industries" [5] - Guidelines for the adjustment of the basic medical insurance directory and the commercial insurance innovative drug directory for 2025 have been issued, marking the first inclusion of commercial insurance innovative drugs [5] International News - The U.S. Treasury Secretary requested Congress to remove the "899 retaliatory tax clause" [5] - The yield spread between U.S. 5-year and 30-year bonds has surpassed 101 basis points, the steepest since 2021 [5] - The EU summit did not reach an agreement on a new round of sanctions against Russia, but agreed to extend existing sanctions for six months [5] - The U.S. trade deficit unexpectedly widened in May, with exports experiencing the largest decline since the pandemic began; first-quarter GDP data was revised downwards [5]