You Bi Xuan Zhang Ju: Emerging industries need capital to "give a helping hand" to get on the road. The new round of reform of the Science and Technology Innovation Board will provide "charcoal in the snow" for non-profitable technology companies.

Yu Bixuan's Chief Financial Officer and Secretary of the Board of Directors, Zhang Ju, told the Shanghai Securities News reporter that this round of reforms is of great significance to unprofitable science and technology innovation enterprises. By establishing a science and technology innovation growth board, unprofitable science and technology innovation enterprises can be listed for IPO on a regular basis, allowing them to have a standardized path for IPO financing. "For some high-tech companies that are not yet mature, not yet profitable, and still in the early stages of industrial development, timely assistance is more important than adding icing on the cake. In the early stage of development of high-tech enterprises when they are not yet profitable and lack development funds, it is more important for the capital market to 'help them get started'."