回报投资者
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积极回报投资者是资本市场高质量发展的重要基础
Zheng Quan Ri Bao· 2025-11-02 17:10
Group 1 - The core viewpoint emphasizes the importance of investor returns in the capital market, which is essential for market confidence and development quality [1] - The China Securities Regulatory Commission (CSRC) chairman Wu Qing highlighted the need for listed companies to enhance their awareness of returning value to investors through cash dividends and share buybacks [1][2] - During the "14th Five-Year Plan" period, listed companies distributed a total of 10.6 trillion yuan to investors through dividends and buybacks, representing an increase of over 80% compared to the "13th Five-Year Plan" period, and equivalent to 2.07 times the amount raised through IPOs and refinancing [1] Group 2 - In the first three quarters of this year, listed companies achieved a total operating revenue of 53.46 trillion yuan and a net profit of 4.70 trillion yuan, with year-on-year growth rates of 1.36% and 5.50% respectively [2] - A total of 4,183 listed companies reported profits, with nearly 80% of them profitable, indicating strong competitiveness and resilience in various industries [2] - Regulatory bodies have been improving the dividend system, promoting a market environment where companies are willing, able, and committed to distributing dividends, including innovative methods like "cancellation buybacks" [2] Group 3 - The future focus should be on enhancing the awareness of return to investors, improving governance capabilities, and optimizing dividend mechanisms to build a more mature, open, transparent, and fair capital market system [3]