登录新浪财经APP 搜索【信披】查看更多考评等级 12月9日，中国上市公司协会正式发布"2025年上市公司董事会秘书履职评价"结果。凭借在信息披露、 规范运作、维护投资者关系等方面的优异表现，宁波银行董事会秘书再次荣膺"5A董秘"称号，系连续 第四年斩获该项荣誉。 宁波银行坚守合规底线，持续完善全流程的风险管理体系，健全合规文化、强化内部控制机制、提升数 字化和智能化管理水平，提高风险管理能力与效率，推动我行在风险可控的前提下实现可持续、高质量 发展。 宁波银行采用了多种信息披露渠道提升信息披露的及时性和便捷性，除了传统的公告、报告等形式，通 过图文互动等新媒体方式，提高信息披露的传播力，增强了与投资者的互动性和参与感。2024年，宁波 银行接待机构投资者线上调研16次、线下调研21次，在互动易与投资者互动29次，全年覆盖市场主流行 业分析师、基金、保险以及QFII等机构投资者千余人次，在保证合规的前提下分享经营策略、财务状 况、业务发展及未来规划，确保调研内容专业、深入，覆盖投资者关心的关键领域。 未来，宁波银行将不断践行金融的政治性、人民性，持续秉持"以投资者为本"的理念，不断夯实资本市 场信任基石，以更 ...

Group 1 - The core viewpoint of the article emphasizes the achievements and developments in Jiangxi's capital market during the "14th Five-Year Plan" period, highlighting the integration of risk prevention, strong regulation, and promotion of high-quality development [1][5] Group 2 - The construction of a multi-level capital market has seen both quantitative and qualitative improvements, with the number of A-share listed companies in Jiangxi increasing from 55 to 91 since 2021, achieving full coverage of major exchanges [1] - The proportion of strategic emerging industry companies among listed firms has reached 53%, an increase of nearly 80% compared to the end of the "13th Five-Year Plan" [1] Group 3 - The quality of listed companies has improved significantly, with a 134.02% increase in cash dividends to 648.13 billion yuan and a 90.79% increase in share buybacks to 69.06 billion yuan over the past five years [2] - The average annual growth rate of R&D investment by listed companies is 12.43%, with the total market value of Jiangxi's listed companies exceeding 1 trillion yuan, a 57.94% increase from the end of the "13th Five-Year Plan" [2] Group 4 - The breadth and depth of services to the real economy have expanded significantly, with nearly 900 billion yuan in financing achieved over the past five years, including over 600 billion yuan from equity financing [3] - The issuance of technology innovation bonds reached 430.76 billion yuan, and green bonds totaled 48.93 billion yuan, supporting sectors like technology innovation and green low-carbon development [3] Group 5 - The market ecosystem has been further consolidated, with a 54.55% increase in the number of cases handled and a 480.12% increase in penalties compared to the "13th Five-Year Plan" [4] - A robust regulatory framework has been established to prevent risks in key areas, maintaining a "zero default" status in the bond market [4]

A股总市值首次突破100万亿元、上证指数创10年新高、上半年境外对境内证券投资净流入373亿美 元……今年以来，中国资本市场走出上扬曲线，投资者信心和预期明显改善，市场韧性和抗风险能力明 显增强，有力支持了经济社会高质量发展。 吸引力包容性持续提升 今年初，DeepSeek在全球人工智能领域脱颖而出，让世界对中国科技创新能力有了新认识，也带动了 中国资产价值重估。近一年来，瑞银、高盛、摩根士丹利等外资投行多次发布报告看多中国资产，投资 中国已逐渐成为全球投资者普遍共识。 市场吸引力的增强，离不开科技含量的提升。近年来，资本市场服务科技创新跑出"加速度"，新上市企 业中九成以上都是科技企业或者科技含量比较高的企业。目前，A股科技板块市值占比超过四分之一， 已明显高于银行、非银金融、房地产行业市值合计占比。 "科技型企业占比提升，是近年来A股市场发生的深刻结构性变化，从多个维度增强了市场吸引力。"对 外经济贸易大学金融学教授江萍表示，在资产端提升了市场的资产质量；在估值端确立"科技叙事"逻 辑，提升了市场对科创企业的估值；在资金端吸引更多耐心资本，增强了市场内在稳定性。 去年9月份以来，证监会会同相关部门联合印发 ...

《上市公司高质量发展报告（2024—2025）》发布仪式。 许泽宇 摄 报告显示，在监管引导与市场合力推动下，过去一年，上市公司高质量发展呈现出系统性、协同性的新 特征，初步形成了质量全面提升的系统性格局。 在科技自立自强领域，截至2025年三季度，全市场上市公司研发投入总额达1.16万亿元，其中科创板公 司以11.22%的研发强度引领市场。治理现代化方面，截至2025年9月，近四成上市公司主动披露"提质增 效重回报"行动方案，沪市信息披露评价为A的公司期间股价平均涨幅达15%。绿色低碳转型步入深化发 展阶段，《上市公司可持续发展报告指引》推动ESG信息披露规范化发展，传统产业通过绿色化改造焕 发新生机，绿色转型正从成本项转变为价值创造项。投资价值创造呈现新局面，2025年前三季度，上市 公司净利润同比增长5.5%；千余家上市公司公布现金分红预案，总额达7349亿元；股份回购累计金额 达923亿元。在发展安全维度，上市公司正通过稳健经营和全球化布局构筑新的安全屏障。 资本市场四大方向引航上市公司高质量发展 "十五五"时期是基本实现社会主义现代化夯实基础、全面发力的关键时期。 五大核心维度构建上市公司价值评估基 ...

Core Viewpoint - The article discusses the draft of the "Regulations on the Supervision and Management of Listed Companies" aimed at enhancing the quality of listed companies and strengthening regulatory frameworks in line with recent government directives [2]. Group 1: Key Content of the Draft Regulations - The draft consists of eight chapters and seventy-four articles, focusing on improving corporate governance, regulating the behavior of key stakeholders, and enhancing the effectiveness of governance [3]. - It emphasizes the need for stricter information disclosure regulations, particularly targeting financial fraud, by establishing internal supervision mechanisms and accountability measures [3]. - The regulations aim to standardize mergers and acquisitions, clarifying the responsibilities and independence of financial advisors to support industrial integration and corporate transformation [3]. - There is a strong focus on investor protection, with clear requirements for market value management, cash dividends, and share buybacks to enhance investor returns and prevent companies from evading delisting [3]. - The draft includes severe penalties for illegal activities, detailing the measures that regulatory bodies can take against behaviors such as asset occupation and collusion in fraud [3]. Group 2: Next Steps - The China Securities Regulatory Commission (CSRC) invites public feedback on the draft, indicating a commitment to scientific, democratic, and lawful legislative processes [4].

本届峰会的突出亮点在于推动体育产业与金融资本的深度融合。江苏省体育局与中国建设银行江苏省分 行签署战略合作协议，意味着体育产业与金融资本的融合进入实质性阶段。"新华江苏100指数"两年来 的研究成果亮相峰会，该指数精选100家江苏优质上市公司，自2023年7月运行至2025年11月底，累计收 益率达33.92%，跑赢沪深300指数17.64个百分点，年化收益率13.41%。会上，基于该指数的"江苏20大 金股"同步揭晓。 此外，峰会还发布了"优秀投资价值企业""上市公司优秀服务机构""ESG金茉莉"等案例，以及"江苏金牌 董秘"名单。同时，走进江苏体育领域专精特新"小巨人"企业全媒体新闻行动同步启动，将深入调研30 余家体育领域国家级专精特新"小巨人"企业，推动资本与产业需求精准对接。 峰会上，《江苏700+上市公司高质量发展报告》正式发布。截至目前，江苏上市公司总数达717家，公 司数与总市值分别占A股全国总量约13.12%和8.01%，广泛覆盖高端装备制造、生物医药等战略性新兴 产业，科技创新能力和高成长潜力显著，勾勒出江苏经济高质量发展的生动图景。 本报讯 （记者 李达） 12月3日，由新华报业传媒集团 ...

（文章来源：第一财经） 12月2日，在"未来20·2025 A股上市公司成长力年会"上，中国政法大学教授、博导、商学院前院长刘纪 鹏表示，上市公司不要把精力放在减持上，忽视了高质量发展，大股东要流通可以，得先让股价再上一 个台阶。 ...

Core Insights - The Hebei Securities Regulatory Bureau conducted an on-site visit to Lichung Group to understand its operational status, development plans, and challenges faced, aiming to enhance the quality and investment value of listed companies [1][2] Group 1: Company Overview - Lichung Group showcased its innovations in aluminum alloy materials and intelligent manufacturing during the visit, highlighting its achievements in the automotive lightweight sector [1] - The management of Lichung Group provided a detailed report on the company's development history, current operations, core competitive advantages, and future strategic plans during the meeting [1] Group 2: Regulatory Guidance - The Hebei Securities Regulatory Bureau acknowledged Lichung Group's achievements since its listing and provided specific recommendations for sustainable high-quality development, including strengthening internal controls and ensuring compliance [2] - The Bureau emphasized the importance of utilizing capital market tools effectively, such as refinancing, mergers and acquisitions, and employee stock ownership plans, to optimize financial and equity structures [2] - The Bureau encouraged Lichung Group to actively communicate its technological innovations to attract long-term value investors and enhance market perception [2]

Core Viewpoint - The Vice Chairman of the China Securities Regulatory Commission emphasizes that improving the quality of listed companies requires them to take primary responsibility and adhere to four key standards: integrity, governance, innovation, and investor returns. These elements are interconnected and provide a pathway for high-quality development from "large" to "strong" [1]. Group 1: Integrity - Integrity is the foundation and baseline for high-quality corporate development, as the capital market relies on truthful, accurate, complete, and timely information disclosure [2]. - Companies must consistently communicate truthfully, avoid misleading practices, and actively engage with investors to build long-term trust [3]. Group 2: Governance - Sound corporate governance establishes clear boundaries of responsibility among shareholders, boards, and management, preventing power abuse and protecting the rights of minority investors [4]. - The recent revision of the "Corporate Governance Guidelines for Listed Companies" by the CSRC aims to enhance governance standards and internalize compliance into corporate culture, transitioning from passive compliance to active value pursuit [4]. Group 3: Innovation - Innovation serves as the core engine for corporate growth, enabling companies to enhance their competitive edge and navigate market cycles [5]. - Companies should leverage capital platforms for innovation, addressing national strategic needs and responding to market demands, thereby fostering a virtuous cycle of technology, industry, and capital [6]. Group 4: Investor Returns - Actively returning value to investors is essential for high-quality corporate development, as investor funds are crucial resources [7]. - Companies should adopt an "investor-first" philosophy, establish sustainable return mechanisms, and maintain open communication with investors to enhance trust and secure ongoing capital support [7].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of enhancing the quality of listed companies and strengthening regulatory measures to ensure high-quality development in the capital market [1][2]. Group 1: Regulatory Measures - The CSRC will intensify efforts in institutional construction and optimize the structure of listed companies [1]. - There will be a focus on precise and efficient risk prevention and control, along with comprehensive chain regulation [1]. - The implementation of the new "National Nine Articles" and the "1+N" policy framework aims to strengthen regulation and promote high-quality development [1]. Group 2: Responsibilities of Listed Companies - Listed companies are expected to be role models in honesty and integrity, emphasizing the importance of truthful communication and real achievements to gain market trust [2]. - Companies should establish effective governance structures as a foundation for sustainable development, embedding governance awareness into corporate culture [2]. - There is a call for innovation and development, encouraging companies to align with national strategies and market trends while fostering deep integration of technology, industry, and capital [2]. - Companies are urged to prioritize investor returns, establishing effective communication mechanisms and adopting an investor-centric approach for sustainable high-quality growth [2]. Group 3: Role of the China Listed Companies Association - The association aims to enhance professional service quality, cultivate a healthy market ecosystem, and strengthen internal and external collaboration to better promote high-quality development of listed companies [2].