从优化上市公司结构、提升市场流动性和透明度等深化资本市场改革

Group 1 - The core viewpoint is that the A-share market has entered an upward trend due to a series of measures, and there is a need to accurately grasp the three goals of China's capital market reform to promote high-quality development [1][4] Group 2 - The first goal is to ensure that investors feel secure in their investments [4] - The second goal is to establish the capital market as a platform for social wealth management [4] - The third goal is to build China's capital market into an important new international financial center [4] Group 3 - Reforms should be deepened from the asset side, investment side, and institutional side [4] - The core of asset-side reform is to adjust the structure of listed companies, promoting high-tech and innovative enterprises as the main body of listed companies [4] - The core of investment-side reform is to enhance market liquidity, particularly by encouraging long-term large capital to enter the market, significantly increasing the flow and stock of funds [4] - The core of institutional reform is to ensure market transparency and fairness, transitioning from administrative penalties for illegal activities to criminal and civil penalties without limits, making violations costly [4]