A股苏州板块市值首破3万亿 比去年年初增加约1.31万亿元，大幅增长76.32%

Core Insights - The total market capitalization of the "Suzhou sector" in A-shares reached a historical high of 30,286.6 billion yuan as of January 19, marking a significant increase of approximately 1.31 trillion yuan or 76.32% year-on-year [1] - The growth in market capitalization is attributed to both the quantity and quality of listed companies in Suzhou, with 229 A-share companies currently listed, ranking fifth nationally [1] - The emergence of leading enterprises, particularly in the AI and high-end PCB sectors, has been a key driver for the market capitalization breakthrough [2] Market Capitalization Growth - The "Suzhou sector" has crossed the 30 trillion yuan threshold for the first time, reflecting a robust increase in both the number and quality of listed companies [1] - By 2025, Suzhou is expected to add 12 new A-share listed companies, positioning it first among major cities in China, which will support further market capitalization growth [1] Leading Enterprises - Tianfu Communication has emerged as a leader with a market capitalization of 1,502.12 billion yuan, driven by the benefits of AI computing power [2] - Other notable companies such as Huidian Co. and Dongshan Precision have also entered the billion-yuan market capitalization club, showcasing strong competitiveness in the high-end PCB sector [2] - A number of enterprises with market capitalizations around 500 billion yuan are steadily developing, contributing to a multi-tiered market capitalization structure [2] R&D Investment - Non-financial A-share companies in Suzhou reported a record high in R&D expenditures for the first three quarters of 2025, with an average R&D intensity of 8.4%, significantly exceeding the national average [2] - Breakthroughs in key technologies by Suzhou companies, such as Guoxin Technology and Zhejing Pharmaceutical, highlight the ongoing transformation of hard technology into market capitalization growth [2] Future Outlook - The milestone of 30 trillion yuan in market capitalization symbolizes the successful integration of industrial transformation and capital market development in Suzhou [3] - There is a commitment to enhancing the enterprise listing cultivation service system and supporting innovative companies to further expand the scale and quality of the "Suzhou sector" [3]