Shanghai Stock Exchange: Steadily promote the expansion of the fifth set of listing standards in industries, support science and technology enterprises in key core technology areas to be listed for financing on a regular basis.

On March 10th, the Shanghai Stock Exchange stated that it will resolutely implement the decisions and arrangements of the Party Central Committee and the State Council, fully implement the requirements of the China Securities Regulatory Commission, adhere to the principle of seeking progress while maintaining stability, and tackle reforms. It will effectively follow the path of developing Chinese characteristic finance, contributing to the service of China's modernization and the construction of a strong financial country. The government work report clearly proposed the cautious advancement of the expansion of the fifth set of listing standards for industries, and for technology-based enterprises in key core technical areas, the implementation of a "green channel" mechanism for listing financing and merger and reorganization will be normalized. The Shanghai Stock Exchange stated that it will resolutely implement the relevant work requirements, increase the institutional inclusiveness of technology-based enterprises that have made breakthroughs in key core technologies, expand diverse equity financing channels, further play the role of capital markets in resource allocation, and support the normalization of financing and mergers and acquisitions for technology innovation and transformation enterprises. It will continue to dynamically evaluate and improve relevant rules and regulations, research and prepare a batch of policy measures to support technology innovation and the development of new productive forces, and cautiously advance the expansion of the fifth set of listing standards for industries, according to the Shanghai Stock Exchange.