The seventh anniversary of the Science and Technology Innovation Board: fundraising exceeds trillions, igniting the engine of hard technology innovation.

Seven years ago, the reform spring breeze activated a "pool of spring water" serving technological innovation in the Chinese capital market. On November 5, 2018, the establishment of the Science and Technology Innovation Board and the pilot registration system were officially announced. After seven years of hard work, this "reform experimental field" has grown from a policy blueprint to a "hard technology" rainforest. By the end of October 2025, the Science and Technology Innovation Board had gathered 592 listed companies, with a total IPO fundraising of 934.6 billion yuan and a total financing amount exceeding 1.1 trillion yuan, becoming a key force in nurturing new productive forces and levering the upgrade of the modern industrial system.