Science and Technology Innovation Board IPO's fifth set of standards expansion is progressing, Shanghai Stock Exchange's Huo Ruirong: has conducted preliminary communication with multiple companies.

Huoruirong, Vice Chairman of the Shanghai Stock Exchange, stated at the 2025 China Capital Market Development Forum that he has conducted preliminary communication with multiple commercial aerospace, artificial intelligence, and low-altitude economy companies to promote the expansion of the fifth set of standards to related industries. The "1+6" reform policy of the Science and Technology Innovation Board released in June this year has restarted the fifth set of listing standards and expanded the scope of application. Since the policy was released, the Science and Technology Innovation Board has accepted IPO applications from 15 new companies, including 4 non-profit companies; in terms of the fifth set of standards, one company has been accepted, and two companies that had previously applied have been registered; three non-profit companies have been registered since the policy was released.