Group 1 - The 2025 Financial Street Forum highlighted practical measures benefiting small and medium-sized enterprises (SMEs), including the release of a list of 146 "specialized, refined, distinctive, and innovative" companies eligible for a "green channel" to the New Third Board [1][2] - The China Securities Regulatory Commission (CSRC) emphasized the importance of supporting high-quality development of the Beijing Stock Exchange (BSE) and improving the differentiated listing, information disclosure, and trading systems of the New Third Board [2] - As of September 2023, 186 companies have applied through the green channel, with 91% being specialized and innovative enterprises, averaging revenues of over 530 million yuan, net profits of 54 million yuan, and R&D expenses of 28 million yuan [2] Group 2 - The Ministry of Industry and Information Technology launched the "Tax and Finance" section on the China SME Service Network, integrating AI and advanced technologies to assist SMEs in tax risk prevention and compliance management [3] - The Beijing Economic Promotion Bureau announced the first batch of professional service providers for SMEs in Xicheng District, while the Beijing Economic and Information Technology Bureau released a service list to support the high-quality development of SMEs [3]

Core Insights - The 2025 Financial Street Forum highlighted initiatives to support small and medium-sized enterprises (SMEs), including the release of a list of 146 "specialized, refined, distinctive, and innovative" companies eligible for a "green channel" to transition to the New Third Board [1][2] - The China Securities Regulatory Commission (CSRC) emphasized the importance of developing differentiated listing, information disclosure, and trading systems for the New Third Board to facilitate high-quality growth [2] - The average revenue of the specialized SMEs that applied through the green channel exceeded 530 million yuan, with an average net profit of 54 million yuan and average R&D expenses of 28 million yuan [2] Group 1 - The event on October 28 focused on practical measures benefiting SMEs, including the establishment of a "green channel" for specialized companies transitioning to the New Third Board [1] - The CSRC's implementation plan aims to enhance the capital market's support for quality SMEs, with 79.5% of new A-share listings in the first nine months being specialized SMEs [1][2] - The green channel mechanism has resulted in 186 companies being accepted for application, with specialized SMEs making up 91% of this total [2] Group 2 - The Ministry of Industry and Information Technology launched the "Tax and Finance" section on the China SME Service Network, integrating AI technology to assist SMEs in tax management and compliance [3] - Additional support measures for SMEs were announced by local governments, including the collection of professional service providers in Xicheng District, Beijing [3] - The overall goal is to enhance the quality of development for SMEs through comprehensive support and services [3]

Group 1 - The event announced multiple measures to support enterprises, including the release of a list of 146 "specialized, refined, distinctive, and innovative" companies that will benefit from a "green channel" for transferring to the New Third Board [2] - The China SME Service Network launched the "Finance and Tax" section, which provides AI-enabled full-process financial and tax services [2] - The Beijing Municipal Bureau of Economy and Information Technology introduced initiatives to accelerate the establishment of an asset management ecosystem centered around the Beijing Stock Exchange, inviting innovative companies to settle in [2] Group 2 - A service list containing 22 measures for small and medium-sized enterprises was released, along with a call for the first batch of professional service providers for SMEs [3] - Experts provided in-depth interpretations of the "Evaluation Index System for the Development of Specialized, Refined, Distinctive, and Innovative SMEs" [3] - The event focused on the construction of the Beijing Stock Exchange ecosystem, featuring sessions on listing rules interpretation and corporate roadshows to enhance the deep integration of capital and innovation [5]