去年10月份以来，回购增持再贷款工具“贷”动效应显现607家上市公司披露贷款总额上限超1260亿元

Core Viewpoint - The article highlights the increasing participation of companies, especially small and medium-sized enterprises (SMEs), in stock repurchase and increase loans, driven by supportive policies and market stabilization efforts [1][2]. Group 1: Loan Statistics - As of June 4, 607 listed companies have disclosed 651 stock repurchase and increase loans, with a total loan amount limit of 1260.25 billion yuan since October of the previous year [1]. - Among these companies, 393 are private enterprises, accounting for 64.74%, with a total loan amount limit of 669.36 billion yuan, representing 53.11% of the total [2]. - State-owned enterprises account for 27.84% of the total, with 169 companies disclosing 180 loans amounting to 485.26 billion yuan, which is 38.51% of the total [2]. Group 2: Market Impact - The stock repurchase and increase loans have stabilized market expectations and mitigated negative market cycles under external pressures, while also optimizing the capital structure of listed companies [1][3]. - The average loan amount for repurchase and increase has significantly increased, with 463 repurchase loans totaling 794.32 billion yuan and 188 increase loans totaling 465.93 billion yuan [4]. Group 3: Policy Support - The People's Bank of China announced the optimization of two monetary policy tools, combining a total of 800 billion yuan for supporting capital markets, which includes 300 billion yuan for stock repurchase and increase loans [5]. - The maximum loan term has been extended from one year to three years, and the required self-funding ratio for repurchase has been reduced from 30% to 10% [5].