On July 25, 2022, the first Lujiazui Financial Transaction Science and Technology Festival (hereinafter referred to as the Science and Technology Festival) was held online. Guided by the China Securities Regulatory Commission (CSRC), the Science and Technology Festival was co-sponsored by the Shanghai Stock Exchange (SSE), the Shanghai Futures Exchange (SHFE) and the China Financial Futures Exchange (CFFEX). Entitled "Technology Empowers Development, Digital Leads the Future", the Science and Technology Festival focuses on hot topics such as digital transformation, fintech, autonomous & controllable, and science and technology supervision. It attempts to enhance communication, strengthen the scientific and technological innovation capability and effectiveness of the securities and futures industry, create a favorable ecology of co-building, sharing and win-win, and energize market players. Mr. Yao Qian, Director of Science and Technology Supervision Bureau of the CSRC, Ms. Zhang Ying, Deputy Director of the Shanghai Municipal Commission of Economy and Information Technology, Mr. Cai Jianchun, President of the SSE, Mr. Wang Fenghai, CEO of the SHFE, and Mr. Huo Ruirong, CEO of the CFFEX attended the opening ceremony and delivered speeches.

Yao Qian said in his speech that the current science and technology supervision in the capital market has achieved positive results, and the core institutions have greatly promoted the achievements of science and technology development in the industry. We should bring into play the combined efforts of the whole industry, enrich the application scenarios of digital innovation in the industry, and lay a solid foundation for the construction of digital ecology. Through the Science and Technology Festival, this is expected to increase ideological interaction, reach more consensus, accelerate the construction of a new pattern of digital development of the industry, and greet the 20th CPC National Congress with outstanding results.

Zhang Ying pointed out in her speech that fintech has become a new engine for the financial industry, and comprehensively promoting the city's digital transformation is a major strategy for Shanghai during the 14th Five-Year Plan period. Financial enterprises should follow the national and municipal fintech planning and implementation plan, strengthen the top-level design of financial digital transformation, use fintech to integrate data and information resources, create benchmark application scenarios for financial digital transformation, strive to build autonomous and controllable fintech digital bases, and form results that can be replicated and promoted by other industries.

Cai Jianchun said that the SSE has fully implemented the new development concept, vigorously promoted the "double-wheel drive" of the main board and the STAR Market to serve the national strategy of scientific and technological innovation, and achieved considerable results in promoting digital construction, improving science and technology services, and strengthening the intelligent supervision of science and technology. During the 14th Five-Year Plan period, the SSE will make further efforts to promote scientific and technological innovation, accelerate digital transformation and comprehensively improve its supervision and service efficiency by strengthening market construction, building leading international securities trading infrastructure and constructing a high-quality industry fintech ecosystem.

Moreover, the "SSE Cloud Brand Upgrade Conference" was held on the opening day, with a view to further improving service quality through brand upgrade, and providing more secure, reliable and leading cloud computing services for the industry. By signing the Memorandum of Cooperation between SSE and Huawei Technologies Co., Ltd., the two sides will work together to explore and further cooperate in system construction, innovative application of information technology, low-carbon data centers and talent training.

During the 5-day Science and Technology Festival, there will also be theme days for the SSE, the SHFE, the CFFEX, Guotai Junan Securities, Haitong Securities, Huatai Securities, Shenwan Hongyuan Securities and Guangfa Securities, theme forums such as Blockchain Alliance Forum and Investment Technology League (ITL), as well as events such as SSE Science and Technology Specialists Advisory Committee Meeting, SSE Board Science and Technology Development Committee Roundtable, ITRDC 2021 Annual Project Award Ceremony and 2022 Annual Project Opening Ceremony. Technical directors, specialists and scholars from relevant institutions and departments of the CSRC system, government departments, securities and futures enterprises, information institutions, research institutions and technology companies will have in-depth discussions and exchanges on a wide range of topics, such as fintech, digital transformation, blockchain, artificial intelligence, autonomous & controllable, and science and technology supervision.