In the context of promoting the construction of "double first-class" and cultivating world-class scientific, technological, and medical (STM) journals, the necessity, characteristics and significance of the list of STM journals independently formulated by universities is analyzed, and the suggestions for future development are proposed. The publication characteristics of scientific papers in China and typical universities are examined using Web of Science and CNKI databases. The list of scientific journals formulated independently by 16 domestic universities are collected. The positive significance in promoting the construction of "double first-class", cultivating world-class STM journals, and participating in global academic evaluation and governance are studied. Database evaluation (such as SCI) currently dominate global scientific journal evaluation, effectively holding the highest level of academic discourse power. China has implemented a three-level, two-aspect approach to address its disadvantaged position in the evaluation of STM journals in recent years. The list of science and technology journals independently formulated by universities is the third level of reform in the evaluation of science and technology journals. It conveys, carries and implements the reform orientation of science and technology journal evaluation at the first level (WJCI, International Journal Warning List) and the second level (Classification Catalogue). Amid a pronounced outflow of manuscript sources for Chinese scientific papers and a continuous annual decline in publications in domestic scientific journals, the publication of papers by Chinese universities in both global SCI-indexed and domestic STM journals exhibit a characteristics of "large dispersion and small aggregation". In contrast, their distribution in international journal warning list is more concentrated. Universities should serve as an important lever to promote the reform of scientific journal evaluation. The list of STM journals has made beneficial explorations in promoting the evaluation reform. The list of scientific journals is most targeted and binding, and fully reflects the "Chinese characteristics" and "high autonomy". The list of STM journals has significant characteristics, such as adhering to classification evaluation and content quality evaluation, adhering to the "homogeneity and equivalence" of domestic and foreign STM journals, and adhering to the evaluation of STM journals through combination of guidance with confinement. The list of STM journals can establish independent academic evaluation discourse power, support local STM journals, address academic speculation and misconduct, and thus promote the construction of "double first-class", cultivate world-class STM journals, and participate in global academic evaluation and governance. In the future, with the update, optimization, and improvement of the list of STM journals, it is necessary to adhere to integrating with cultivating world-class STM journals and the construction of "double first class", combining the positive journals and cracking down on warning journals, and connecting with the existing evaluation system of STM journals. It is beneficial for promoting the high-quality development of education, science and technology, and journal industry, and proposing a Chinese solution for global scientific and technological evaluation in the world.