Shanghai Stock Exchange: AI Mega Model Companies Eligible for Sci-Tech Innovation Board's Fifth Set of Listing Standards
BlockBeats News, June 17th. The Shanghai Stock Exchange announced that, in order to implement the "CSRC's Opinions on Enhancing the Inclusive Adaptability of the Growth Enterprise Layer of the Sci-Tech Innovation Board," further standardize the application of the fifth set of listing standards on the Sci-Tech Innovation Board for tech-oriented enterprises, and support high-quality artificial intelligence large-scale model enterprises that have not yet formed a certain revenue scale to go public on the Sci-Tech Innovation Board, the Shanghai Stock Exchange has formulated the "Shanghai Stock Exchange Issuance and Listing Review Rules Applicable Guidance No. 10 - Application of the Fifth Set of Listing Standards on the Sci-Tech Innovation Board for Artificial Intelligence Large-Scale Model Enterprises," which is hereby released and will be implemented as of the release date.
The criteria require that the issuer should have a prominent industry position in the field of artificial intelligence large-scale models, rank at the forefront, occupy an important position in the industry chain, be able to demonstrate a leading role in the industry, and be well recognized by relevant market participants. The issuer's business or product related to artificial intelligence large-scale models should have a clear target market with significant current or potential demand, outstanding market competitiveness in terms of R&D progress, key indicators, etc., a large market space, and strong future growth potential. The issuer should establish a clear commercialization arrangement for the business or product related to artificial intelligence large-scale models. The issuer should not have significant shortcomings in the commercialization prospects of the large-scale model business or product that could have a significant adverse impact on the enterprise's ongoing operational capabilities. (Shanghai Stock Exchange)
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