从81到282！北交所四周年，总市值破9000亿

Core Insights - The Beijing Stock Exchange (BSE) has become a vital engine for high-quality economic development in China, marking its fourth anniversary with significant achievements in supporting innovative small and medium-sized enterprises (SMEs) [1][2] Group 1: Market Performance - As of November 15, 2025, the BSE has grown from 81 initial companies to 282 listed firms, with a total market capitalization exceeding 912.67 billion yuan [1] - In the first three quarters of 2025, 279 listed companies reported a combined revenue of 145.07 billion yuan and a net profit of 9.20 billion yuan, with over 80% of companies achieving profitability [2] - The BSE has seen a significant improvement in market liquidity, with a cumulative trading volume of 5.87 trillion yuan and an average daily trading volume of approximately 28.10 billion yuan, reflecting a 128.66% increase compared to the previous year [3] Group 2: Financing and Investment - Over the past four years, the 282 listed companies have raised over 54 billion yuan, averaging nearly 2 billion yuan per company, with over 80% of the funds directed towards green low-carbon initiatives, digital economy, high-end equipment manufacturing, and new materials [2] - The BSE has introduced various special bond types, including technology innovation bonds and green bonds, to support financing for innovative enterprises [2] Group 3: Institutional Innovation and Policy Support - The BSE has established itself as an essential part of China's multi-tiered capital market system, with ongoing institutional innovations enhancing its service capabilities for innovative SMEs [3][7] - The implementation of the "Deep Reform 19 Articles" aims to improve the listing mechanism and enhance market vitality, with a focus on high-quality listings and collaboration with the New Third Board [7][8] Group 4: Future Development and Strategic Focus - The BSE plans to continue enhancing its market functions, solidifying its foundation, and fostering a friendly service environment for innovative SMEs [8] - There is an emphasis on attracting long-term capital, such as public funds and insurance capital, to improve liquidity and support the growth of "specialized, refined, distinctive, and innovative" enterprises [8]