From April 16 to 19, SZSE's capital market listing-cultivation activities were successfully held in Chongqing. The activities were jointly sponsored by SZSE, Chongqing Municipal Financial Development Service Center and the local CSRC office, and organized by the governments of Hechuan District, Yongchuan District, Qijiang District and Jiangbei District. Chongqing Share Transfer Center co-organized these activities. The activities included four theme activities, covering 25 districts and counties in Chongqing. More than 400 representatives from over 260 district-level governmental departments and 300 representatives from 220 to-be-listed companies participated in the activities. This event is an important measure for SZSE's western base to deeply serve the Chongqing capital market and help implement the development strategy of "Chengdu-Chongqing City Group". It has further deepened the exchange and cooperation between the capital market and the local governments and supported Chongqing's comprehensive and efficient use of the capital market platform to facilitate Chongqing's high-quality economic development.
The CPC Chongqing Committee and the Chongqing Municipal Government attach great importance to the financial training by local cadres, especially the work related to listing cultivation. They have been working hard to improve the listing service ability of local government departments, enrich the practical knowledge of the capital market, promote enterprises' use of the capital market to become bigger and stronger, and constantly improve the level of economic securitization. SZSE has always leveraged the advantages of the multi-tier capital market system, deepened its localized services in Chongqing, and actively promoted the development of Chongqing's capital market through measures such as listing cultivation and the construction of its western base. SZSE has attracted 25 listed companies from Chongqing, with a total market capitalization of CNY357.2 billion which accounts for 17.5% of the city's GDP, making SZSE an important gathering place for enterprises in Chongqing.
In recent years, SZSE has continued to increase cooperation with local governments, deepen the cultivation of local capital markets, and tailor service plans based on local economic development characteristics and industrial characteristics to improve the precision of its localized services and respond efficiently and quickly to local needs. We provide precise full-chain match-making services including listing cultivation, fixed income, M&A restructuring, training services, and tech finance. Besides, we have accumulated rich experience in serving the local in using capital markets to promote supply-side structural reforms and realize economic development transformation and upgrading.
SZSE will earnestly implement the spirit of the important speech delivered by General Secretary Xi Jinping during his visit to Chongqing, firmly uphold the general principle of seeking progress while maintaining stability, and adhere to the new development concepts. We will hold fast to the "market first, service-oriented" spirit and actively respond to the new opportunities and new requirements for Chongqing's economic and social development. SZSE will take this event as a new starting point, further optimize the service system, refine service plans and implement service measures properly. The goal is to better serve Chongqing's supporting role in the development of the western area in the new era, leading role in the joint construction of the "Belt and Road" and modeling role in the green development of the Yangtze River Economic Belt.
