Four months after the release of the “Eight Rules of the Science and Technology Innovation Board”, the “Asset Light and High R&D Investment” certification standards for science and technology innovation board companies were released. In order to encourage science and technology innovation board companies to increase investment in R&D and enhance their scientific and technological innovation capabilities, further unblock financing channels. According to the relevant guidelines on accreditation standards, science and technology innovation board companies certified as having the characteristics of “light assets and high R&D investment” will no longer be limited by 30% of supplementary liquidity and debt repayment ratios when refinancing, but more than 30% can only be used for R&D investment related to the main business. According to incomplete statistics, as of October 21, more than 180 science and technology innovation board companies met the above two standards at the same time, accounting for about 30% of all science and technology innovation board companies, mostly distributed in the semiconductor, biomedicine, software and other industries.

Four months after the release of the “Eight Rules of the Science and Technology Innovation Board”, the “Asset Light and High R&D Investment” certification standards for science and technology innovation board companies were released. In order to encourage science and technology innovation board companies to increase investment in R&D and enhance their scientific and technological innovation capabilities, further unblock financing channels. According to the relevant guidelines on accreditation standards, science and technology innovation board companies certified as having the characteristics of “light assets and high R&D investment” will no longer be limited by 30% of supplementary liquidity and debt repayment ratios when refinancing, but more than 30% can only be used for R&D investment related to the main business. According to incomplete statistics, as of October 21, more than 180 science and technology innovation board companies met the above two standards at the same time, accounting for about 30% of all science and technology innovation board companies, mostly distributed in the semiconductor, biomedicine, software and other industries.