[The CSRC Strengthens Support for Tech Companies' IPOs to Promote Breakthroughs in Key Technologies]
On February 7, the China Securities Regulatory Commission (CSRC) issued implementation opinions, emphasizing strong support for tech companies to go public in new industries, new business models, and new technology fields, aiming to drive breakthroughs in critical core technologies. It will continue to implement relevant policy measures to enhance support for strategic industries, including information technology, artificial intelligence, and new energy. The CSRC will explore effective pathways combining market mechanisms and government support, improve the identification mechanism for tech companies, support the listing of unprofitable companies, refine information disclosure rules, optimize the IPO underwriting mechanism, promote the implementation of standards for "asset-light, high R&D investment," and guide companies to leverage market resources at home and abroad, supporting high-quality tech companies in returning to the A-share market.