Shang Hai Zheng Quan Bao·2025-07-03 01:56Core Viewpoint - The "Eight Measures for Deepening the Reform of the Sci-Tech Innovation Board" aim to create a favorable market ecosystem and enhance the quality and efficiency of companies, focusing on high-quality development and long-term investor confidence [1] Group 1: Implementation of "Quality Improvement, Efficiency Enhancement, and Return to Investors" - In 2024, 470 companies on the Sci-Tech Innovation Board disclosed their annual action plans for "Quality Improvement, Efficiency Enhancement, and Return to Investors," with participation rates exceeding 80% [1] - The total R&D investment of the Sci-Tech Innovation Board reached 168.08 billion yuan in 2024, with a compound annual growth rate of 10.7% over the past three years [2] - By the end of 2024, over 120,000 invention patents were accumulated, with more than 20,000 new patents added in 2024 [2] Group 2: Focus on "Hard Technology" - The "Eight Measures" prioritize the positioning of "hard technology" on the Sci-Tech Innovation Board, encouraging companies to adopt practical measures to cultivate new productive forces [1] - Companies like Shengmei Shanghai plan to maintain R&D investment at around 15% of revenue, while Hehui Optoelectronics aims for a 5% increase in R&D investment in 2025 [2] Group 3: Mergers and Acquisitions for Quality Improvement - Since the release of the "Eight Measures," over 100 new mergers and acquisitions have been disclosed on the Sci-Tech Innovation Board, with transaction amounts exceeding 33 billion yuan [3] - Companies are increasingly pursuing mergers and acquisitions to enhance technological capabilities and achieve resource optimization [3] Group 4: Strengthening Investor Relations - Over 430 companies on the Sci-Tech Innovation Board have launched more than 760 stock incentive plans, covering over 70% of the board [5] - More than 60% of companies proposed cash dividend plans for 2024, with total dividends exceeding 38.6 billion yuan [6] - Companies are actively engaging in investor relations activities, including performance briefings and investor surveys, to enhance communication with investors [6]