In the year since the release of the "Eight Regulations for the Science and Technology Innovation Board," nine new IPO applications have been accepted on the Science and Technology Innovation Board, with an additional 103 cases of equity acquisition disclosure.
On May 30th, the Shanghai Municipal Government held a press conference to introduce the situation of the 2025 Lujiazui Forum. Zhao Guofu, Deputy Director of the Shanghai Securities Regulatory Bureau, revealed at the press conference that during last year's forum, the China Securities Regulatory Commission issued the "Eight Measures for the Science and Technology Innovation Board". Over the past year, various reform measures have been basically implemented, and the policy effects are increasingly evident. It was disclosed that in the past year, the Science and Technology Innovation Board has accepted IPO applications from 9 new companies, with 14 companies completing their initial public offerings, covering industries such as semiconductors, new materials, and high-end equipment. The activity in the merger and acquisition market has significantly increased, with 103 disclosed equity acquisitions on the Science and Technology Innovation Board in the past year, totaling over 32 billion yuan. Since 2025, there have been 20 new major asset restructuring projects, including issuing shares to purchase assets, surpassing the total for the entire year of 2024.
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