Core Viewpoint - The article emphasizes the importance of grain storage management in ensuring national food security in China, highlighting advancements in technology and innovative practices in grain storage and agricultural efficiency [1]. Group 1: Grain Storage Innovations - China's grain storage has evolved from simple structures to advanced smart green warehouses, reflecting significant improvements in storage management over the decades [1]. - In Yunnan's Honghe Hani and Yi Autonomous Prefecture, a government-invested initiative provides farmers with small grain storage facilities and vacuum bags, along with scientific storage guidance from technical personnel [1]. - Hebei's Handan City has introduced a "shared storage" service, allowing farmers to store their grain for free at post-harvest service centers, which also offer drying and sales services [1]. Group 2: Agricultural Technology Advancements - The transformation of grain storage mirrors the technological upgrades across the entire agricultural supply chain, including the use of drones for crop protection, mechanized harvesting, and intelligent drying processes [1]. - AI is driving innovations in smart breeding, with certified seeds entering the market and high-standard farmland construction accelerating [1]. - The focus is not only on quantity but also on quality and freshness of food, reflecting the Chinese pursuit of a more sophisticated agricultural output [1].

Core Viewpoint - The recent release of the China Securities Regulatory Commission's opinion on establishing a growth tier in the Sci-Tech Innovation Board is a significant step to support emerging industries like low-altitude economy, reflecting the funding needs and development challenges faced by companies in these sectors [1][3]. Funding Needs and Development Challenges - The low-altitude economy is rapidly developing, with applications ranging from drone delivery in urban areas to agricultural pest control and emergency rescue operations, indicating a substantial funding requirement for research and development [1][2]. - Companies in the low-altitude economy must invest heavily in modern production facilities and advanced equipment to meet the growing market demand, necessitating significant capital for capacity expansion and quality improvement [2][3]. - Market expansion requires extensive funding for promotional activities, sales channel development, and compliance with various international market standards, which adds to the financial burden on low-altitude economy enterprises [2][3]. Technological and Market Risks - The fast-paced technological innovation in the low-altitude economy presents a primary challenge, as companies must continuously invest in R&D to maintain competitiveness, with the risk of not achieving expected results leading to potential financial losses [2][3]. - The overall market awareness and acceptance of low-altitude economy products remain low, necessitating substantial investment in market education and promotion, while the exploration of new business models poses additional risks [3][4]. Capital Market Support - The expansion of the fifth listing standard on the Sci-Tech Innovation Board opens doors for unprofitable low-altitude economy companies to access capital markets, allowing them to raise funds based on their technological capabilities and growth potential [3][4]. - Capital markets provide diverse financing channels, including bond issuance and private placements, which can offer stable funding for production and market expansion needs [4][5]. - The resource allocation function of capital markets enables low-altitude economy companies to integrate industry resources through mergers and acquisitions, enhancing their technological capabilities and service offerings [5]. Long-term Development and Regulatory Considerations - The reform of the Sci-Tech Innovation Board is expected to significantly support the rapid and healthy development of the low-altitude economy, addressing funding needs and development challenges [5]. - Continuous improvement of relevant regulations and market supervision is essential to ensure that capital markets effectively support the growth of future industries like the low-altitude economy [5].