Core Viewpoint - Guangdong Securities Regulatory Bureau is actively engaging with listed companies to address their operational challenges and support high-quality development through regular visits and coordinated efforts with relevant departments [1][2][3]. Group 1: Company Engagement and Support - Guangdong Securities Regulatory Bureau has visited 395 listed companies in 2024, covering 86% of the total listed companies in the region, collecting over 300 issues and suggestions from these companies [1]. - The bureau has established a specialized task force to ensure effective follow-up on company needs and has created a mechanism for regular communication with local government and industry departments [1][2]. - Targeted visits to key companies like Midea Group and Haitian Flavoring have been conducted to address specific challenges in overseas financing and capacity building [2]. Group 2: Operational Performance Improvement - In the first half of 2025, 459 A-share listed companies in Guangdong achieved a total revenue of 1.85 trillion yuan and a net profit of 115.07 billion yuan, with year-on-year growth rates of 6.97% and 9.19%, respectively, surpassing national averages [3]. - 28 struggling listed companies reported a 77.8% increase in revenue and over 200% growth in profit year-on-year, with many undergoing restructuring to enhance their development quality [2][3]. Group 3: Investor Returns and Market Confidence - The bureau has promoted mid-term dividends among 74 listed companies, totaling over 16 billion yuan, with several companies exceeding 1 billion yuan in dividends [3]. - 22 listed companies reported a dividend payout ratio exceeding 50% in their mid-year reports, reflecting a commitment to enhancing investor returns and market confidence [3]. Group 4: Mergers and Acquisitions - Guangdong Securities Regulatory Bureau has formed a Guangdong Capital Market Mergers and Acquisitions Alliance to facilitate policy support for mergers and acquisitions, expanding the target pool to over 2,000 candidates [4]. - In 2025, the region led the nation with 17 major asset restructuring deals, totaling over 40 billion yuan in transaction value [4].