SSE Continues to Promote STAR Market "1+6" Reform Policies Across the Yangtze River Delta

To ensure comprehensive promotion of the STAR Market "1+6" reform policies across the Yangtze River Delta region, and to facilitate the effective and targeted implementation of these reforms, Shanghai Stock Exchange (SSE) has launched a series of initiatives aimed at enhancing the capital market's capacity to serve technological innovation and high-quality economic development in the region. Following the release of the "1+6" policy package for the STAR Market, the SSE took swift action by organizing a series of policy briefing sessions in key cities across the Yangtze River Delta, including Shanghai, Hangzhou, Nanjing, and Hefei. These events were co-hosted with local government departments and regional offices of China Securities Regulatory Commission (CSRC). More than 800 participants attended the events, including representatives from over 400 technology companies, local financial, technology, and industry authorities, key industrial parks, and various market institutions. In addition, the SSE held roundtable discussions with technology companies in several cities across the region. These in-person exchanges enabled direct dialogue that allows the SSE to gather valuable feedback on the implementation of the "1+6" reform measures and address company concerns in a timely manner.

Government and technology company representatives attending the events noted that since the launch of the STAR Market six years ago, institutional innovation and market vitality have mutually reinforced one another, effectively supporting high-level self-reliance in science and technology. The STAR Market has become a vivid example of how the capital market can contribute to Chinese-style modernization. In the Yangtze River Delta region, companies listed on the STAR Market have emerged as pioneers in driving technological innovation and fostering new quality productive forces. The introduction of the "1+6" reform policies will offer a broader platform for more technology companies in the region to leverage the capital market to grow stronger and more competitive. Participants expressed strong anticipation for the early implementation of exemplary cases under the new STAR Market reforms, hoping they will generate demonstration effects and further catalyze innovation-led development.

The Yangtze River Delta is one of China's most dynamic economic regions, with the most comprehensive layout of modern industries and the strongest innovation capacity. It is home to a large number of technology enterprises in strategic emerging industries and future industries, making up nearly half of all companies listed on the STAR Market. Currently, the region is further deepening the integration of technological and industrial innovation, working together to build world-class industrial clusters and accelerate the cultivation of new drivers of economic growth. Moving forward, the SSE will take regional integration in the Yangtze River Delta as a key focus and seize the opportunity presented by the rollout of the STAR Market "1+6" reform measures. The SSE will strengthen collaboration with local authorities and regional CSRC offices, fully leverage the STAR Market's leading and exemplary role, and work hand in hand with all parties to foster a new wave of strategic scientific and technological forces in the region—accelerating the Yangtze River Delta's transformation into a major hub for scientific and technological innovation.