This report is based on a review of the successful experience of typical foreign developed economies in supporting scientific and technological innovation，combined with the development status of the capital market and technological innovation in Anhui Province，and examines the long-standing problems in Anhui Province’s current process of supporting technological innovation in the capital market. Research. Finally，from the perspective of the government and enterprises，it puts forward countermeasures and suggestions for the capital market to better support the development of scientific and technological innovation in Anhui. The government should promote the construction of a multi-level capital market，improve market efficiency，strengthen the cultivation and management of reserve enterprises，gather resource elements，and support enterprises to grow bigger and stronger. At the same time，companies also need to actively expand financing channels，strengthen market value management，and focus on their main businesses，in order to find the optimal development path suitable for Anhui Province.