The Science and Technology Innovation Board celebrates its seventh anniversary of opening.

Today, the Sci-Tech Innovation Board celebrates its seventh anniversary. In the past seven years, the Sci-Tech Innovation Board has grown into an important sector with over 600 listed companies and a total market value exceeding 13 trillion yuan. The diversity of thresholds and inclusiveness have continued to increase, and various technology companies have rapidly grown with the help of capital. Maintaining a R&D investment intensity of nearly 13% for seven consecutive years, by the end of 2025, the sector has accumulated nearly 900 billion yuan in R&D investment, with over 150,000 invention patents. Since its opening in 2019, this capital market test field specifically for hard technology has used a complete nurturing system with layers, stages, and has solved the longstanding issues of financing and listing difficulties for high-end manufacturing, semiconductors, and innovative pharmaceutical companies. It has truly opened up a complete growth path for the domestic hard technology industry from laboratory startups to industry leaders.