CITIC Securities: Significant results from the "1+6" reform of the STAR Market, forming a healthy and virtuous ecosystem.

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Mars Finance News, CITIC Securities research report believes that, looking back on the one-year anniversary of the "1+6" reform, the investment and financing ecosystem has formed a virtuous closed loop, helping related companies to develop efficiently in multiple dimensions such as financing, mergers and acquisitions, and corporate ecology. At this stage, the reform has moved beyond the institutional declaration phase and entered the ecological verification phase. The subsequent focus should be on the long-term trends of profit transformation ability and performance realization ability, conducting validation and feedback on the pathway. From the perspective of sub-sectors, the policy transmission in segmented sectors has already shown a clear gradient. Biopharmaceuticals have completed verification first, artificial intelligence is accelerating to take over, and a good development trend is driving the STAR Market from a "test field" to a "demonstration field."
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