The overall performance of companies on the Sci-Tech Innovation Board has regained an upward trend in the first three quarters

On the evening of November 13, with the completion of the third quarter report disclosures by two red-chip companies listed in multiple locations, SMIC and InnoCare Pharma, the "report cards" of 592 companies on the STAR Market were all released. In the first three quarters, facing a complex external environment, the overall performance of STAR Market companies rebounded, with a significant year-on-year increase of 75% in net profit for a single quarter. "Hard technology" enterprises continued to increase R&D investment, accelerating the cultivation of new productive forces in key industries such as integrated circuits, artificial intelligence, and biomedicine, paving the way for achieving high-level technological self-reliance and strength during the 14th Five-Year Plan period and laying a solid foundation. (Shanghai Securities News)