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Building A Communication Platform To Strengthen The Interaction Between Investment And Financing Shenzhen Stock Exchange Organizes The 2023 "Foundation Laying Of Industry Benchmarks"Concentrated Roadshow For Listed Companies

Date 24/10/2023

Strengthening investor relations management is an important pathway to respect, revere and protect investors. It is also a powerful measure to enhance the level of corporate governance and contribute to achieving high-quality development.

 

In order to implement the requirements of the new round of promoting the quality improvement of listed companies and guide listed companies to establish a sound and multi-level mechanism for positive interaction with investors and to facilitate communication channels with investors, SZSE, following he unified deployment of the CSRC, will organize three batches of concentrated roadshow activities around the following three themes, “foundation laying of industry benchmarks”, “leap forward with the wind” and “innovation-driven breakthroughs”. Starting from late October, we will invite about 50 high-quality SZSE-listed companies featuring strong representation and good growth and innovation characteristics to actively analyze their operation performance, discuss their development strategies, respond to investor concerns, and listen to investor suggestions to further build consensus and enhance mutual trust.

In recent years, SZSE has actively implemented the State Council’s Opinions on Further Improving the Quality of Listed Companies (Guo Fa [2020] No. 14) and has taken the execution of two rounds of CSRC’s Three-Year Action Plan to Promote the Improvement of the Quality of Listed Companies as the main focus. As a result, a group of high-quality listed companies have grown. They actively serve national strategies, demonstrate outstanding innovation capabilities, have standardized corporate governance, maintain long-term good operational performance, continuously enhance investor returns and fulfill their social responsibilities. Over the past three years, the Shenzhen market has achieved significant results in serving the real economy, with growth in operating income and net profit for entities companies. The operating income and the net profit have increased by 34.69% and 18.99% respectively. Three key areas have experienced accelerated development, with specifics as follows: the advanced manufacturing company has a wide market presence and excellent quality, the digital economy company has achieved continuous breakthroughs through innovation, and the green and low-carbon company has started to show scale and distinctiveness, with their compound annual growth rates in net profit over the past three years being 17.8%, 11.1% and 48% respectively. 

After the implementation of the across-the-board registration-based IPO reform, the multi-tiered capital market system of SZSE has become increasingly improved, forming a “Main Board + ChiNext Board” market pattern, supporting sci-tech self-reliance and self-strengthening at higher levels and serving the high-quality development of the economy. The Main Board focuses on “large-cap blue chips”, prioritizing the support for strategic pillar industries with mature business models, stable operating performance and representativeness. The ChiNext Board emphasizes “excellent innovation and high growth”, accelerating the formation of a strategic emerging industry development highland around the positioning of “innovation, creation and creativity”. In recent years, a group of SZSE-listed companies, such as Midea Group and Gree, have deepened the development in their main business and adhered to the craftsmanship spirit, gradually growing into industry benchmark enterprises with leading and demonstration effects in serving national strategies and the real economy for a new chapter. Another group of SZSE-listed companies, such as CATL, SF Holding and GEM, have actively used the capital market instruments to optimize and strengthen themselves, achieving leapfrog development. Similarly, a number of SZSE-listed companies, including Mindray, Inovance, Luxshare and BOE, have been vigorously exploring, insisting on innovation and becoming shining “business cards” in the market.

On October 19, the first batch of concentrated roadshows for SZSE-listed companies with the theme of “foundation laying of industry benchmarks” were held offline in Shenzhen, Beijing, Shanghai and Chengdu simultaneously. Fifteen core members of representative high-quality leading listed companies, such as BYD and Gree, engaged in face-to-face communication with investors.

This concentrated roadshow event was conducted synchronously through text and live video broadcast. Investors can log in to the “Easy IR” platform (http://irm.cninfo.com.cn) of SZSE to participate in discussions under the “Cloud Interview” section. We look forward to active participation from all investors.