Group 1 - The event "Rongyi Shang" organized by Chengdu's comprehensive service platform aims to facilitate communication between potential listed companies and the Shanghai Stock Exchange, focusing on the latest policies and IPO review dynamics of the Sci-Tech Innovation Board [1][3] - A variety of strategic emerging industries, including low-altitude economy, integrated circuits, biomedicine, artificial intelligence, and new consumption, were represented by several Chengdu-based companies participating in the event [3][4] - The Shanghai Stock Exchange introduced a series of reform measures in June to support unprofitable technology companies, enhancing the inclusiveness and adaptability of the financial system [7] Group 2 - The efficiency of the Sci-Tech Innovation Board's review process has significantly improved, with the fastest project taking only 88 days from acceptance to approval [8] - Companies were advised to choose the most clear and achievable listing standards to avoid issues related to industry adjustments or performance fluctuations [9] - Chengdu has established a comprehensive service system for companies, with over 700 potential listed companies and 154 listed companies, leading in the central and western regions of China [12]

Core Viewpoint - The event "Rongyi Shang" organized by Chengdu aims to enhance the understanding of the latest policies and IPO review dynamics of the Sci-Tech Innovation Board among potential listed companies from Chengdu [1][3]. Group 1: Event Overview - The event took place from December 23 to 24, 2025, in Shanghai, featuring participation from several Chengdu-based companies in strategic emerging industries such as low-altitude economy, integrated circuits, biomedicine, artificial intelligence, and new consumption [3]. - The event was co-hosted by the Sichuan Securities Regulatory Bureau, Chengdu Municipal Financial Office, and Shanghai Stock Exchange [3]. Group 2: Discussions and Training - A delegation from the participating companies engaged in discussions with experts from the Shanghai Stock Exchange regarding listing path planning and review key points [5]. - The Shanghai Stock Exchange introduced the current policy environment supporting technological innovation in the capital market, highlighting the "1+6" reform measures launched in June to better support unprofitable tech companies [7]. - The average review cycle for companies on the Sci-Tech Innovation Board has been reduced to approximately 120 days, with the fastest project completing the review in just 88 days [8]. Group 3: Company Insights - The delegation visited CloudWalk Technology Group, a leading company in the artificial intelligence sector, to understand its core technology and product platform [10]. - CloudWalk has developed a self-controllable, technologically advanced "CWOS" (CloudWalk Human-Machine Collaborative Operating System) architecture, aiming to create a core platform for human-machine collaboration [12]. - The "Rongyi Shang" capital market service platform in Chengdu has gathered over 700 potential listed companies and 2,900 high-growth enterprises, with a total of 154 listed companies in Chengdu, ranking first in the central and western regions [12].