Shanghai Stock Exchange Chairman Wang Bo: The science and technology innovation board insists on opening a "capital entrance" for non-profit hard technology enterprises.

Wang Bo, Deputy General Manager of the Shanghai Stock Exchange, attended the "Hard Science and Hard Technology" New Productivity Industry Salon 2025 Annual Meeting, stating that they will continue to open the "capital entrance" for non-profit hard technology enterprises. Wang Bo said that since its inception, the Science and Technology Innovation Board has broken the traditional listing "profit threshold" mindset and has made "inclusiveness" the core color of institutional design. The introduction of the "multiple listing standards" by the Science and Technology Innovation Board allows non-profit enterprises, Red-chip enterprises, and companies with special equity structures to be listed on the A-share market for the first time, opening up a targeted listing channel for innovative enterprises. This year's new reform policy of "1+6" is more focused, specifically establishing a "Science and Technology Growth Tier", restarting the fifth set of listing standards, and including artificial intelligence, commercial aerospace, and low-altitude economy in the inclusive category.