On October 30, 2024, the ChiNext Board celebrated its fifteenth anniversary. To commemorate this occasion, SZSE organized a round table focused on the high-quality development of ChiNext, summarizing its fifteen years of reforms and achievements. The meeting gathered insights and suggestions on further reform measures to enhance its function and address key market concerns. The meeting was attended by key officials from SZSE, 11 securities firms, and 4 listed companies.

Launched in 2009 with a mission to foster innovation, ChiNext has evolved over fifteen years to develop an increasingly inclusive and adaptable regulatory framework. It now stands out for its focus on innovation and growth, attracting high-quality tech enterprises across advanced manufacturing, digital economy, and green low-carbon economy sectors. ChiNext has also grown as a hub for enterprises in strategic emerging industries, including next generation information technology and new energy, bringing together industry leaders having global competitive advantages. As of October 30, 2024, the ChiNext Board has 1,358 listed companies with a total market value exceeding 12 trillion yuan. Approximately 90% of these companies are high-tech enterprises, and nearly 70% of them operate in strategic emerging industries.

Attendees at the round table agreed that ChiNext remains committed to supporting innovative, growth-oriented companies, with enhanced service functions and market influence. Over the past 15 years, ChiNext has been marked by distinct "innovation" and "growth" features, with a refined regulatory system, enhanced market vitality, optimized investor structure, and a broader range of investment products. ChiNext has played a vital role in fostering the formation of innovation capital, driving industrial transformation, accelerating shifts between old and new growth drivers, and cultivating new quality productive forces. Besides, participants provided specific suggestions on comprehensively further deepening ChiNext reforms and enhancing its market service functions.

SZSE officials stated that they would thoroughly implement the spirit of the Third Plenary Session of the 20th CPC Central Committee, the Central Financial Work Conference, the September 26 Politburo meeting, and the "Nine National Rules". Under the unified leadership of the CSRC, SZSE will focus on strengthening supervision, preventing risks, and promoting high-quality development. Emphasis will be placed on strengthening fundamentals, strict supervision, and improving basic systems. These efforts aim to continuously enhance market functions, boost investor confidence, and better serve the growth of new quality productive forces. First, SZSE will further enhance inclusiveness and adaptability for high-quality tech enterprises, increase targeted support, and refine mechanisms for IPO listing, refinancing, M&A restructuring, and ongoing regulation, so as to support a diverse range of innovative tech companies and guide more advanced production resources into the tech sector. Second, SZSE will thoroughly implement the "Six Articles on M&As", strengthen the function of M&A restructuring, improve restructuring review efficiency, and promote the implementation of typical cases to support listed companies in consolidating strategic emerging and future industries. This will help traditional industries achieve transformation and upgrading through restructuring. Third, SZSE will focus on improving the quality of listed companies by strengthening oversight of information disclosure and corporate governance. By maintaining strict, compliant regulation, SZSE aims to encourage market participants to fulfill their responsibilities, enhance intrinsic company value, and better reward investors. Fourth, SZSE will maximize the role of intermediary institutions by reinforcing the "gatekeeper" responsibility, strengthening industry self-regulation, and promoting improvements in professional standards, expertise, and service quality within industry institutions. This will ensure objective and impartial professional opinions and effective oversight. Fifth, SZSE will work to foster a vibrant innovation ecosystem. By advancing the high-quality development of the Science and Technology Exchange Center, maximizing the functionality of the V-Next platform, and deepening cooperation with HKEX markets, SZSE aims to promote a virtuous circle of innovation capital.