The latest data shows that there are currently 98000 specialized, refined, and innovative small and medium-sized enterprises and 12000 "little giant" enterprises cultivated nationwide. In recent years, the Ministry of Industry and Information Technology has carried out gradient cultivation to guide small and medium-sized enterprises to focus on building expertise, supporting strong industries, and winning the market through innovation, achieving specialized, refined, and innovative development. Various measures have been taken in various regions to support the development of small and medium-sized enterprises, resulting in the emergence of numerous specialized, refined, and new small and medium-sized enterprises, injecting strong momentum into high-quality development. Strengthen the planning and guidance of various regions to cultivate specialized, refined, and innovative enterprises as an important measure to promote high-quality development, specifically introduce plans to promote the development of specialized, refined, and innovative small and medium-sized enterprises, and accelerate the formation of a policy system to support the development of specialized, refined, and innovative enterprises. Recently, with 217 enterprises entering the fifth batch of national level specialized, refined, and new "Little Giants" enterprise list, the number of national level specialized, refined, and new "Little Giants" enterprises in Hubei has reached 680. Liu Weijun, Director of the Small and Medium Enterprises Department of the Hubei Provincial Department of Economy and Information Technology, introduced that in recent years, Hubei Province has actively guided small and medium-sized enterprises to take the path of specialized, refined, and new development, and has formulated multiple policy documents to support the development of specialized, refined, and new enterprises, including the Guiding Opinions on Financial Support for the Innovative Development of "Specialized, Refined, and New" Small and Medium Enterprises. On July 27, Shunyu Shares, headquartered in Hefei, was listed on the GEM, which is another great achievement of local cultivation of specialized and new "little giant" enterprises. Since its establishment in 2011, the company has adhered to the path of specialized, refined, and innovative development, and has received a large amount of special policy support from government departments, "Deng Bangwu, Chairman of Shunyu Group, told reporters. At present, specialized, refined, and innovative enterprises have become the vanguard in leading the high-quality development of Anhui, especially a group of specialized, refined, and innovative enterprises that have mastered unique skills and are striding towards the capital market. Shandong takes guiding and supporting the specialized, refined, and innovative development of small and medium-sized enterprises as an important lever for cultivating and strengthening the transformation of new and old driving forces in the province. It has formulated and implemented the "Specialized, Refined, and Innovative" Small and Medium sized Enterprise Cultivation Plan and the "Implementation Rules for Gradient Cultivation Management of High Quality Small and Medium sized Enterprises", established a three-level account system and work ledger at the provincial, city, and county levels, coordinated more than 120 service institutions to enter the platform to provide professional services, and carried out precise cultivation of over 20000 inbound enterprises every year. Tianjin's specialized, refined, and new small and medium-sized enterprises continue to cluster in key industries, "said the relevant person in charge of the Tianjin Municipal Bureau of Industry and Information Technology. As of the end of 2022, the number of designated specialized, refined, and new small and medium-sized enterprises in key industrial chains such as high-end equipment and information technology application innovation reached 90%. Specialized, refined, and innovative "little giants" have all achieved shortcomings and filled gaps in key areas of the industrial chain. Actively explore and boldly try to solve the difficulties and pain points in the process of cultivating specialized, refined, and new enterprises. Dongjiang has formulated an implementation plan for the gradient cultivation of high-quality small and medium-sized enterprises, practiced the concept of party building leading joint creation, and formed a joint effort between the Enterprise Service Bureau, various investment departments, and industrial park companies in gradient cultivation. "Jin Liting, Director of the Enterprise Service Bureau of Tianjin Dongjiang Comprehensive Bonded Zone, introduced. Various regions are continuously increasing their financial support efforts. As of the end of June, the loan balance of Tianjin Agricultural and Commercial Bank for specialized, refined, and new enterprises was 6.483 billion yuan, an increase of 1.197 billion yuan compared to the beginning of the year. Shandong has formulated detailed rules for the implementation of risk compensation for specialized, refined, and new enterprise loans, which have led to 203 enterprise projects reaching investment and financing cooperation intentions this year