中国上市隐形冠军俱乐部发起倡议书

Core Viewpoint - The seventh "China Invisible Champion" forum emphasizes the importance of fostering high-quality and sustainable development for Chinese enterprises, particularly focusing on "specialized, refined, unique, and innovative" companies as key drivers of economic growth in the upcoming "14th Five-Year Plan" and "15th Five-Year Plan" periods [1][19]. Group 1: Development Requirements - Strengthening the innovation role of enterprises is crucial, with specialized small giants averaging over 30 million yuan in R&D investment and a R&D intensity exceeding 7%, significantly higher than the average for industrial enterprises [1][19]. - Enhancing the supply chain capabilities of industries is essential, with over 60% of specialized small giants in foundational industrial sectors and more than 80% involved in strategic emerging industries [1][19]. Group 2: Capital Market Services - The capital market will be optimized to support specialized small and medium enterprises, with over 2,000 such companies expected to be listed on A-shares by 2025, representing over 30% of total A-share listings [2][20]. - Specialized small giants contribute 9.6% of revenue and 13.7% of profits among industrial SMEs, highlighting their role as a backbone of China's economic development [2][21]. Group 3: Ecosystem Optimization - A supportive ecosystem for enterprise growth will be established, including a 400 billion yuan "specialized loan" program to provide up to 30% interest subsidies for credit loans to specialized small and medium enterprises [2][21]. - Digital transformation will be promoted, with direct support for over 4,200 small giants to enhance innovation and for 45,000 SMEs to implement digital upgrades [2][21]. Group 4: Invisible Champions - As of November 2025, over 17,000 national-level specialized small giants have been cultivated, with nearly 2,400 listed in various capital markets, representing about 13% of the total [3][22]. - The "China Listed Invisible Champions" are recognized as elite companies with significant market share and competitiveness in their respective sectors, often ranking among the top three globally [3][22]. Group 5: Selection and Nurturing Platform - The "China Invisible Champion" selection has successfully completed seven sessions, identifying nearly 200 leading companies across various sectors, with 51 of them being "China Listed Invisible Champions," significantly higher than the national average [6][24]. - The selection process serves as a vital platform for nurturing and promoting specialized small giants towards successful listings, with a growing proportion of listed champions among selected companies [6][24]. Group 6: Establishment of the Club - A proposal to establish the "China Listed Invisible Champions Club" aims to create a collaborative platform for members to share resources and enhance collective growth [11][29]. - The club envisions expanding its membership from 50 to over 100 in five years and becoming a globally influential ecosystem for specialized enterprises within ten years [11][30]. Group 7: Core Mission and Values - The club's core mission includes fostering shared values among members, promoting resource sharing, and facilitating collaborative innovation to enhance competitiveness [12][32]. - The club will also focus on market expansion and policy alignment to create a favorable business environment for its members [14][34].