To inject strong 'Kechuang' momentum into high-quality economic development

In China's economy, such a climbing node, the opening of Kechuang board is particularly encouraging. The moment of historic embrace of capital market and "new economy" contains the courage and efforts of reformers, the ardent expectations of all parties in the market, and highlights the heavy responsibility of capital market in the process of China's economic transformation.

Scientific and technological innovation can not be separated from strong scientific research force, nor can it be separated from the developed capital market. Scientific innovation board is an important measure to promote the structural reform of financial supply side, promote the deep integration of science and technology and capital, and lead the economic development to innovation-driven transformation. SCB supports the development and growth of technology-based enterprises with potential and high market acceptance, enhances the inclusiveness of capital market to start-up enterprises, allows non-profit enterprises, enterprises with different rights of shares and red-chip enterprises to issue and list, further smoothes the circulation mechanism of science and technology, capital and real economy, and speeds up the realization of scientific and technological achievements. Productivity transformation. Technological Innovation Board will activate China's innovation ability and leave more wealth brought by technological innovation to domestic investors. The mutual achievement of financial energy and technological innovation will inject surging momentum into the high-quality development of China's economy.

Co-creation board and registration system pilot launch, is a major breakthrough in China's capital market basic system. The reform of pilot registration system, which absorbs the mature experience of international capital market development, is an optimum choice to establish a listing system suitable for the characteristics of Kechuang Company. It is another important symbol of the internationalization and marketization of China's capital market. To implement the registration system reform with information disclosure as the core, as well as to improve the legal system, increase the cost of illegal activities and strengthen the supervision and enforcement of law, Kechuangban will give full play to the role of "reform pilot field", and "proofing" the capital market with norms, transparency, openness, vitality and resilience will surely be given to China. Capital market ecology has brought about significant changes, creating favorable conditions for further deepening capital market reform in an all-round way.

Building a new board and pilot registration system is a brand-new exploration. In the process of exploration, we may encounter various difficulties and challenges. For the companies listed on the Cosco board, successful listing is not the end, but the starting point. It is a new starting point for accelerating takeoff after obtaining valuable capital in the capital market. Eventually, whether we can grow into a great company or not, we have to withstand the big waves of the market. For the relevant regulatory authorities, we should adhere to the principles of trial, summary and improvement, and continue to optimize the various institutional arrangements. For market participants, we should have a more understanding and tolerance of science and technology innovation board, keep enthusiasm and rationality, and jointly follow the inherent laws of capital market. As long as all parties in the market assume their respective responsibilities, the company will surely make steady progress and build a sound and developed capital market, play a greater role in optimizing the allocation of resources, stimulate and activate innovation vitality, and better contribute to the stability and long-term development of China's economy.