走访上市公司 推动上市公司高质量发展系列（三十二）

Group 1 - The core viewpoint of the articles emphasizes the importance of regular visits to listed companies by regulatory bodies to enhance their development quality and address operational challenges [2][6][15] - The Tianjin Securities Regulatory Bureau has achieved full coverage of visits to listed companies, collecting 141 corporate demands and resolving 99 of them, with a resolution rate of 70% [2][3] - In 2025, Tianjin listed companies implemented cash dividends of 38.8 billion, a year-on-year increase of 44%, and share buybacks amounting to 2.1 billion, a year-on-year increase of 402% [4] Group 2 - The Dalian Securities Regulatory Bureau has established a mechanism for regular visits, achieving full coverage of listed companies in 2025, and has effectively addressed specific issues raised by these companies [6][12] - Dalian's listed companies have increased their share buyback and dividend distribution efforts, with a total dividend payout of 12.3 billion in 2025, marking the highest amount in history [14] - The Shenzhen Securities Regulatory Bureau conducted visits to 342 listed companies in 2025, collecting 365 demands and resolving 214, achieving a resolution rate of nearly 60% [18][20] Group 3 - The Shenzhen Securities Regulatory Bureau has focused on addressing the issue of accounts receivable, with 12 companies reporting the recovery of approximately 1.6 billion [21] - The North Exchange has visited over 190 listed companies since 2025, covering nearly 70% of its listed firms, and has established a database for tracking corporate demands and solutions [29][32] - The North Exchange has emphasized the importance of policy interpretation during visits, helping companies understand and utilize capital market tools effectively [30][31]