上交所理事长邱勇：沪市上市公司近3年股息平均增长15% 股息率居全球前列

Group 1 - The core viewpoint emphasizes the continuous and coordinated efforts in China's capital market to stimulate market vitality through both investment and financing [3] Group 2 - Significant achievements in the Sci-Tech Innovation Board (STAR Market) include a total R&D investment of 168.1 billion yuan in 2024, a year-on-year increase of 6.4%, and a compound annual growth rate of 10.7% over the past three years [3] - The median R&D intensity stands at 12.6%, leading all A-share sectors, with over 120,000 invention patents accumulated over six years [3] - The scale of Sci-Tech bonds has increased to 1.1 trillion yuan, with the proportion of corporate bonds rising from 5.2% to 9.2% [3] Group 3 - Mergers and acquisitions are facilitating the transition from old to new growth drivers, with over 700 asset restructuring plans disclosed in the Shanghai market in 2024, a 50% year-on-year increase [3] - 70% of the major asset restructuring targets focus on emerging industries such as semiconductors and new energy [3] - In 2024, 341 asset restructuring plans have been disclosed year-to-date, a 25% increase, with 49 major asset restructurings, a 206% year-on-year increase [3] Group 4 - The quality of listed companies continues to improve, with revenue and net profit from Shanghai-listed companies accounting for 70% and 80% of the entire market, respectively [3] - In 2024, net profit for the main board increased by 2%, and nearly 70% of companies on the STAR Market reported revenue growth [3] - Dividends from Shanghai-listed companies exceeded 1.9 trillion yuan, with over 300 billion yuan distributed before the Spring Festival, setting a historical high [3] Group 5 - The investment landscape is strengthening, with the market value of ETFs surpassing 3 trillion yuan, doubling since the beginning of 2024 [4] - Long-term funds, represented by social security and insurance, have increased their holdings in A-shares by 33% [4]