Core Viewpoint - The article reviews the achievements and milestones of the Sci-Tech Innovation Board (STAR Market) since its establishment, highlighting fifteen significant "firsts" as of June 13, 2025, including the number of listed companies, market capitalization, and the dominance of strategic emerging industries such as new-generation information technology, biomedicine, and high-end equipment manufacturing, which account for over 80% of the total [1]. Group 1: First Companies and Milestones - The first company to transfer from the Beijing Stock Exchange to the STAR Market is Guandian Defense Technology Co., Ltd., which listed on May 25, 2022, after experiencing a significant decline in revenue and net profit in 2024 [2]. - The first loss-making company to list on the STAR Market is Suzhou Zejing Biopharmaceutical Co., Ltd., which went public on January 23, 2020, and reported continuous losses since its inception, with a net profit of -1.38 billion in 2024 [3][4]. - The first STAR Market company to be acquired by another listed company is Jiangsu Haooubo Biopharmaceutical Co., Ltd., which was announced in October 2024, with a total acquisition price of 630 million [5][6]. Group 2: Notable Events and Achievements - The first company to be delisted from the STAR Market is Guangdong Zijing Information Storage Technology Co., Ltd., which faced severe penalties for financial fraud and was officially delisted on May 31, 2023 [7][8][9]. - The first company to adopt a dual-class share structure on the STAR Market is UCloud Technology Co., Ltd., which listed on January 20, 2020, allowing its founders to maintain significant control over the company [10][11]. - The first major asset restructuring project approved for a STAR Market company is Suzhou Huaxing Yuan Chuang Technology Co., Ltd., which received approval for its acquisition of Suzhou Oulitong Automation Technology Co., Ltd. on June 12, 2020 [12][13]. Group 3: Financial Performance and Rankings - The highest market capitalization on the STAR Market is held by Semiconductor Manufacturing International Corporation (SMIC), with a total market value of 661.2 billion as of June 13, 2025 [21]. - The company with the highest revenue in 2024 is JinkoSolar Holding Co., Ltd., achieving 92.471 billion in revenue, despite a 22.08% decline year-on-year [22]. - The highest net profit excluding non-recurring items in 2024 is reported by Transsion Holdings Co., Ltd., with a net profit of 4.541 billion, down 11.54% from the previous year [23][24]. Group 4: Employment and Regional Distribution - The company with the largest number of employees as of the end of 2024 is JinkoSolar Holding Co., Ltd., with 33,809 employees, reflecting a significant reduction of 41.07% from the previous year [25]. - The province with the most STAR Market listed companies is Jiangsu, which has 113 companies, accounting for 19.22% of the total, primarily concentrated in cities like Suzhou, Nanjing, and Wuxi [26].

Group 1: Economic Cooperation and Development - Hainan and Hong Kong are enhancing cooperation through the establishment of the Hainan International Economic Development Bureau's Hong Kong office and the creation of a "one trip, multiple stops" cross-border tourism route, forming a "golden tourism triangle" [1] - Hong Kong has become a significant source of foreign investment for Hainan, with 3,470 new Hong Kong-funded enterprises established in Hainan [1] - The Hainan-Hong Kong-Macao Youth Innovation and Entrepreneurship Service Center has supported over 20 entrepreneurial projects and assisted more than 50 Hong Kong-funded enterprises in registering in Hainan [3] Group 2: Industry Development and Talent Training - Hainan is focusing on developing a drone training industry, with programs like the "Instructor Fast Track" aimed at training experienced drone pilots [2] - The Hainan Medical University-Hong Kong University Tropical Infectious Disease Joint Laboratory has trained over 50 scholars and developed a leading team in tropical infectious disease talent [5] - Hainan is implementing policies to support the construction of "two headquarters bases," referencing Hong Kong's experience in business environment, talent introduction, and international economic cooperation [6] Group 3: Infrastructure and Investment Projects - The Hainan Hong Kong Economic Cooperation Sanya Demonstration Zone has attracted over 160 enterprises, focusing on industries such as jewelry, finance, tourism, and healthcare [4] - The Hainan Xignas International Diving Center project, with an investment of approximately 1.1 billion yuan, is expected to be completed by 2026 [3] Group 4: Cultural and Business Exchange - The "Free Trade Tide Surging Consumer Expo" event facilitated exchanges between Hong Kong youth entrepreneurs and Hainan's business environment, showcasing various local attractions and opportunities [6][7] - A memorandum of cooperation was signed between Hainan and Hong Kong to deepen collaboration in five key areas: economic investment, finance, data security, tourism, and talent exchange [7]