中上协：2025年万亿以上市值公司新增1家，千亿以上市值公司新增44家

Core Insights - The report indicates that as of December 31, 2025, there are 5,477 listed companies in the domestic stock market, with the Shanghai, Shenzhen, and Beijing stock exchanges having 2,302, 2,887, and 288 companies respectively [1] - The total market capitalization of listed companies in the domestic market approaches 109 trillion, marking the highest point in the last five years [1] - The market capitalization share of hard technology industries, such as optical modules and chips, has further increased, with companies like Zhongji Xuchuang and Cambrian Technology entering the top ten private listed companies by market capitalization, both experiencing over 100% growth in market value during the year [1] Company Statistics - In 2025, one company with a market capitalization exceeding one trillion was added, 44 companies with market capitalizations over one hundred billion were added, and 427 companies with market capitalizations over ten billion were added, while 379 companies with market capitalizations below two billion were removed [1] - The median market capitalization of listed companies at the end of 2025 is 6.508 billion, reflecting an increase of nearly 30% year-on-year [1]