资本市场亮“蜀”光
Zhong Guo Zheng Quan Bao·2026-01-18 20:44

Core Insights - The Sichuan capital market has shown significant growth during the "14th Five-Year Plan" period, with 46 new A-share listed companies and over 360 billion yuan raised in initial public offerings [1][2] - The quality and investment value of listed companies in Sichuan have improved, with 136 mergers and acquisitions totaling 81.3 billion yuan and cash dividends exceeding 230 billion yuan [1][2] - The Sichuan Securities Regulatory Bureau aims to enhance the capital market's role in supporting high-quality economic development during the "15th Five-Year Plan" by focusing on technology innovation, strengthening listed companies, and improving regulatory effectiveness [1][6] Direct Financing Efficiency - Sichuan has achieved over 21 trillion yuan in direct financing through various market entities, including innovative bond types such as tech bonds and green bonds [1] - The number of listed companies in Sichuan has increased to 179, ranking 8th nationally, with a 32% growth in overall scale since the end of 2020 [2] Industry Structure and Regional Development - Traditional industries remain stable, with four listed liquor companies contributing 10.9% of total revenue and over 40% of profits among A-share companies [2] - Emerging industries like industrial technology and materials are becoming significant drivers of market value growth in Sichuan [2] - Chengdu is the capital market hub, hosting 122 A-share companies with a total market value of 2.12 trillion yuan, accounting for 68.15% of the province's A-share companies [2] Collaborative Efforts and Policy Implementation - The Sichuan Securities Regulatory Bureau has collaborated with various government departments to enhance market participation and compliance among companies [3] - Initiatives to promote venture capital and support the development of private equity funds have led to 349 private fund managers with over 310 billion yuan in managed assets [3] Investor Protection and Market Satisfaction - The Sichuan Securities Regulatory Bureau has implemented measures to improve investor returns and optimize dividend mechanisms, resulting in over 2.3 billion yuan in dividends distributed since 2021 [4] - A new dispute resolution mechanism has been established to enhance investor protection, with successful mediation cases recovering losses for investors [5] Future Development Focus - The Sichuan Securities Regulatory Bureau plans to continue supporting technology innovation and the development of key industries during the "15th Five-Year Plan" [6] - Emphasis will be placed on enhancing the quality of listed companies, improving governance, and facilitating mergers and acquisitions [7] - The bureau aims to strengthen the regional financial center and improve direct financing levels through collaboration with local financial institutions [7]