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**February 25 News**: According to a report from China Business News (CBN), the three-week public consultation period for the STAR Market regulations has officially ended. The China Securities Regulatory Commission's (CSRC) solicitation notice on the "STAR Market Continuous Supervision Measures (Trial)" and the "STAR Market Initial Public Offering Stock Registration Management Measures (Trial)" will conclude on February 28. At present, the list of backup companies from various provinces and cities has been finalized. CBN reported that after the Spring Festival this year, the Shanghai Stock Exchange (SSE) held several meetings related to the establishment of the STAR Market and the supporting rules for the pilot registration system in Beijing, Shanghai, Shenzhen, Chengdu, and other cities. These meetings included special sessions with venture capital institutions. Jiangxi Province will ensure that Nanchang Jindalai becomes one of the first companies to list on the STAR Market, while Hubei Province has selected two companies as reserve projects from the five companies revisited by the SSE. Yang Guang, the head of the Guizhou Provincial Securities Regulatory Bureau, personally led a team to investigate two companies planning to list on the STAR Market—Guizhou Baishan Cloud Technology Co., Ltd. and Guizhou Hangyu Technology Development Co., Ltd. In Beijing’s Haidian District, a platform for rating and screening potential STAR Market companies has been established. As of now, 31 companies that are willing, eligible for listing, or already in line with the CSRC, have been selected. While various regions are assessing the science and technology innovation enterprises within their jurisdictions, some areas have also introduced incentive policies. Anhui Province became the first province to offer rewards to companies that go public on the STAR Market, proposing "a phased reward of 2 million yuan from the provincial finance for private enterprises that go public on the STAR Market or other domestic and international exchanges." Following closely, Jinan issued the "Several Support Policies for Accelerating the Development of the Modern Financial Industry in Jinan," which offers 6 million yuan in rewards for companies listed on the SSE's STAR Market. According to Jinan's support policy, a company can receive up to 9.8 million yuan in subsidies after going public. Nanjing, meanwhile, released its first policy document of 2019 titled "Several Policy Measures to Deepen the Construction of an Innovation City and Enhance the Innovation Leading Role." The document emphasizes fully utilizing the STAR Market in Shanghai to foster a group of high-growth companies, such as "gazelle" enterprises. It also provides a one-time grant of 3 million yuan to companies listed on the STAR Market. The Guangzhou Science and Technology Innovation Committee issued the "Action Plan for Accelerating the Listing of Innovative Enterprises on the SSE STAR Market and the Hong Kong Stock Exchange," aiming to ensure that by 2020, Guangzhou will rank among the top cities nationwide in the number of tech-innovation companies listed on the STAR Market. The plan explicitly states that tech-innovation enterprises listed on the STAR Market and the Hong Kong Stock Exchange will receive priority support when applying for science and technology project funding, building innovation platforms, and enjoying various general financial and tax support policies. (Source: China Business News)