深市“质量回报双提升”行动取得积极成效
Zhong Guo Jing Ji Wang·2025-12-25 06:05

Group 1 - The core initiative of the Shenzhen Stock Exchange is the "Quality Return Dual Improvement" action, aimed at enhancing the development quality and investment value return capabilities of listed companies, with 471 companies already disclosing their action plans by November 2025 [1] - The 471 companies involved have significant influence, with 293 being part of the Shenzhen Component Index, 88 in the CSI 300 Index, and 82 in the ChiNext Index, collectively representing about 50% of the total market capitalization of the Shenzhen market [1] - The participating companies span 30 industries, including electronics, power equipment, pharmaceuticals, and computers, with nearly 70% being private enterprises [1] Group 2 - The "Dual Improvement" companies have focused on core business development, achieving a total operating revenue of 9.8 trillion yuan in 2024, a year-on-year increase of 3.6%, and a net profit of 743.39 billion yuan [2] - In the first three quarters of 2025, these companies reported an operating revenue of 7.5 trillion yuan, up 6.9% year-on-year, and a net profit of 651.3 billion yuan, reflecting a 10.8% increase [2] - Research and development (R&D) investment accounted for 4.3% of operating revenue in the first half of 2025, with a total R&D investment representing 59.5% of the Shenzhen market [2] Group 3 - From 2022 to 2024, the annual total dividend of the "Dual Improvement" companies grew at a compound annual growth rate of 10%, with the 2024 dividend amount accounting for 43.6% of net profit, an increase of 10.9 percentage points from 2022 [3] - In 2024, the dividend amount represented 60.8% of the total dividends in the Shenzhen market, up 3.7 percentage points from 2022, indicating a steady growth in dividend amounts and proportions [3] - A total of 378 companies maintained continuous dividends over the past three years, enhancing dividend stability and predictability, while 203 share repurchase plans were disclosed, including a nearly 1 billion yuan repurchase by Kailaiying [3]