决胜“十四五” 擘画“十五五”·地方资本市场高质量发展之厦门篇： 金融活水润泽鹭岛产业 两岸协作深化资本融合

Core Viewpoint - Xiamen's capital market has experienced significant growth over the past five years, becoming a driving force for local economic transformation and upgrading, with notable increases in the number of listed companies, total market value, and private equity fund scale [1] Group 1: Market Expansion - During the "14th Five-Year Plan" period, Xiamen's capital market has accelerated development, with 14 new A-share listed companies, bringing the total to 70 by the end of 2025, accounting for nearly 40% of the province [2] - The total market value surpassed 903 billion yuan, a 43% increase from the end of 2020 [2] - The number of securities and futures institutions has optimized, with 2 securities companies, 2 futures companies, and 2 fund companies, along with 184 branches, placing Xiamen among the top in the nation for financial intermediaries [2] - By 2025, the number of securities accounts reached 2.9383 million, and futures accounts reached 141,800, with trading volumes of 15.05 trillion yuan for securities and 16.17 trillion yuan for futures, representing increases of 113.29% and 145.68% respectively since 2020 [2] Group 2: Economic Contribution - The capital market has raised a total of 403.2 billion yuan during the "14th Five-Year Plan," contributing to economic transformation and the construction of a modern international city [5] - Private equity and venture capital funds have invested in over 1,570 local projects, with total investments exceeding 76 billion yuan [3] - In the first three quarters of 2025, listed companies in Xiamen reported total revenue of 1.33 trillion yuan and net profit of 22.096 billion yuan, with year-on-year growth rates of 8.43% and 19.2% respectively [3] Group 3: Innovation and Industry Development - Xiamen's capital market has supported the development of strategic emerging industries, particularly in semiconductors and integrated circuits, with several companies successfully listing on the stock market [7] - The quality of listed companies has improved, with 26 companies recognized as national "specialized and innovative" small giants and 16 as manufacturing champions [7] - R&D expenditures among listed companies reached 11.25 billion yuan in 2024, with 52 companies achieving an average R&D intensity of 5.02% [6] Group 4: Cross-Strait Financial Integration - Xiamen has established the first cross-strait capital market service base, with 7 Taiwanese-funded listed companies, accounting for 10.61% of the total Taiwanese companies listed in mainland China [8] - The Xiamen Cross-Strait Equity Trading Center has showcased 1,124 enterprises, supporting the development of Taiwanese investment funds in the region [8] - The establishment of a financial talent ecosystem has attracted Taiwanese financial professionals to Xiamen, enhancing cross-strait financial collaboration [8]