深交所“十四五”成绩单出炉，多项核心数据实现跨越式增长

Core Viewpoint - The Shenzhen Stock Exchange (SZSE) has outlined its achievements and future goals during the "14th Five-Year Plan" period, emphasizing risk prevention, regulatory enhancement, and high-quality development to support China's modernization efforts. Group 1: Achievements During the "14th Five-Year Plan" - The SZSE facilitated direct financing for the real economy exceeding 12 trillion yuan, a 22% increase compared to the "13th Five-Year Plan" [3] - The total scale of ETF products reached 1.79 trillion yuan, an 8-fold increase from the beginning of the "14th Five-Year Plan" [4] - The number of newly listed companies reached 649, with IPO fundraising amounting to 602.3 billion yuan, a 58% increase from the previous period [3] - The average R&D intensity of companies on the ChiNext board increased to 5.03%, up by 0.41 percentage points [3] - The market value of companies in advanced manufacturing, digital economy, and green low-carbon sectors reached 26.95 trillion yuan, a 48.63% increase [3] Group 2: Market Resilience and Stability - The annual compound growth rate of listed companies' revenue was 9.1%, with cash dividends exceeding 2.2 trillion yuan, a 103% increase from the "13th Five-Year Plan" [4] - The SZSE implemented a "double improvement" initiative for listed company quality and returns, resulting in significant increases in share buybacks and major asset restructurings [4] - The annualized volatility of the Shenzhen Component Index decreased by 1.7 percentage points to 22.1% [4] Group 3: Regulatory Enhancements - The SZSE strengthened its regulatory framework, implementing new rules and enhancing oversight to protect investors' rights [5] - A total of 1,222 disciplinary actions were taken, a 50.68% increase from the previous period, with a focus on serious violations [5] - The number of companies delisted reached 117, surpassing the total from the previous two decades [5] Group 4: Innovation in Debt and REITs Markets - The SZSE's bond market facilitated over 10 trillion yuan in direct financing, a 52% increase compared to the "13th Five-Year Plan" [6] - The issuance of innovative bond products reached 1.8 trillion yuan, a 70% increase, with significant funds directed towards key sectors [6] - The number of listed REITs reached 26, promoting asset liquidity and new investments [6] Group 5: Internationalization and Cross-Border Cooperation - The Shenzhen-Hong Kong Stock Connect celebrated its 9th anniversary, with cumulative transactions reaching 110 trillion yuan, a 3.5-fold increase [7] - The SZSE expanded its international ETF offerings, with products listed in over 10 global exchanges [7] - The number of cross-border investor engagement activities increased, supporting over 200 deep market companies [7] Group 6: Service Enhancement and Investor Engagement - The SZSE improved its market service capabilities, launching various initiatives to enhance investor experience [8] - A total of 1,326 investor service events were conducted, significantly increasing engagement [9] - The introduction of an intelligent customer service system and enhanced investor relations management tools improved communication with market participants [9]