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On the evening of November 13, two red-chip companies listed in multiple locations, SMIC and InnoCare Pharma, completed the disclosure of their third-quarter reports. By this point, all 592 companies on the STAR Market had released their third-quarter reports. In the first three quarters, despite a complex external environment, the overall performance of companies on the STAR Market rebounded, with net profits in the third quarter surging by 75% year-on-year. 'Hard-tech' enterprises continued to increase their R&D investment, and key industries such as integrated circuits, artificial intelligence, and biomedicine accelerated the cultivation of new quality productive forces, laying a solid foundation for high-level technological self-reliance and strength during the '15th Five-Year Plan' period.
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