Recently, the Science and Technology Innovation Board (STAR Market) and the ChiNext Board have embarked on a series of reform initiatives, with a keen focus on nurturing scientific and technological advancements and fostering a profound shift towards comprehensive reform. Industry experts highlight that these reforms are tailored to the unique attributes of technology enterprises—characterized by 'asset-light operations, long development cycles, and inherent high risks'—and are aimed at enhancing the capital market's inclusivity and adaptability to scientific and technological innovation. This undertaking holds profound strategic implications.