Zhang Xiaomin, Chairman of Purple Microsystems Technology: Setting up a science and technology innovation growth board provides a clear path for commercial aerospace companies to go public.
On June 18th, Chairman of the China Securities Regulatory Commission Wu Qing stated at the 2025 Lujiazui Forum that they will continue to fully leverage the demonstration effect of the Science and Technology Innovation Board and launch further deepening reforms with the "1+6" policy measures. Zhang Xiaomin, Chairman of Beijing Ziwei Yutong Technology Co., Ltd., said that the vast majority of domestic commercial aerospace companies have not yet achieved definite profits, or profits still require a considerable wait, and therefore urgently need patient capital empowerment. The establishment of the Science and Technology Innovation Board's growth tier and the reactivation of the fifth set of standards for unprofitable enterprises, including commercial aerospace, is a major boon for commercial aerospace companies.
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