Group 1 - The Beijing "Specialized, Refined, Characteristic, and New" board was officially launched on August 24, 2023, after receiving approval from the China Securities Regulatory Commission on June 30, 2023 [3] - As of August 31, 2025, there are 840 companies listed on the board, including 478 specialized and new small and medium-sized enterprises, and 136 national-level "little giant" enterprises [3] - The board focuses on high-tech industries, with nearly 90% of the companies in cutting-edge fields such as information technology, artificial intelligence, and new energy materials [3] Group 2 - Companies must meet specific criteria to apply for the board, including being innovative SMEs or having completed multiple rounds of private equity financing [4] - The board offers various support services, including a maximum funding reward of 300,000 yuan from the municipal economic and information bureau for successful private equity financing [6][8] - The application process is straightforward, allowing companies to register online without the need for institutional recommendations or fees [6] Group 3 - The funding reward is tiered based on the amount of financing achieved, with a maximum of 300,000 yuan for amounts over 120 million yuan [8] - Eligible companies must apply for the funding reward by September 30, 2025, and must have successfully completed private equity financing during the specified period [9] - The application can be submitted through designated online platforms, and late submissions will not be accepted [9]