上交所理事长邱勇发声！

Core Viewpoint - The Shanghai Stock Exchange (SSE) aims to enhance the stability and development of the capital market through various initiatives, including market monitoring, support for listed companies, and deepening reforms in the Sci-Tech Innovation Board [1][4]. Group 1: Market Stability and Development - SSE will focus on maintaining market stability by strengthening internal mechanisms, enhancing market monitoring, and supporting listed companies in utilizing capital market tools [1]. - Continuous efforts will be made to manage expectations and boost market confidence [1]. Group 2: Sci-Tech Innovation Board Reforms - SSE plans to deepen reforms in the Sci-Tech Innovation Board to improve inclusivity and adaptability, facilitating the identification of quality tech enterprises [1]. - The aim is to expand the application of the fifth set of standards and promote resource allocation towards new industries and technologies [1]. Group 3: Mergers and Acquisitions - SSE will implement the "Six Guidelines for Mergers and Acquisitions" to enhance the capital market's role as a primary channel for M&A activities [2]. - The exchange will revise restructuring review rules to improve efficiency and create a favorable M&A ecosystem [2]. Group 4: Long-term Investment - SSE aims to attract more long-term capital into the market by enhancing the product system and developing various financial instruments, including ETFs and green bonds [3]. - The goal is to support the construction of a long-term investment ecosystem and meet investor demands [3]. Group 5: Performance Metrics - In 2024, the total R&D investment in the Sci-Tech Innovation Board reached 168.1 billion yuan, exceeding net profits by 2.5 times, with a year-on-year growth of 6.4% [4]. - The number of disclosed asset restructuring plans in the Shanghai market reached over 700, with significant growth in major asset restructurings [4]. - The total revenue of listed companies in the Shanghai market was 49.6 trillion yuan in 2024, with net profits growing by 2% [5].