Sixth Anniversary of the Science and Technology Innovation Board: Supporting 54 Unprofitable Companies to List, 22 Achieving Profitability Post-Listing
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Author:小编   

Today marks the sixth anniversary of the establishment of the Science and Technology Innovation Board (STAR Market). Over this period, 54 unprofitable companies have been successfully supported to list, with an impressive 22 of them transitioning to profitability after going public. In an effort to propel the growth of high-quality technology enterprises, the China Securities Regulatory Commission (CSRC) announced in June the revival of the fifth set of listing standards for the STAR Market. This development enables unprofitable companies to list and introduces the STAR Growth Tier, which currently comprises 32 such companies.