Core Viewpoint - The article emphasizes the significant growth and transformation of the capital market in Jiangxi province, highlighting the successful implementation of the "Ying Shan Hong Action" to promote company listings and enhance the quality of listed companies [3][7][8]. Group 1: Capital Market Expansion - Jiangxi's capital market has seen a steady increase in the number of listed companies, growing from 55 to 91 since 2021, achieving full coverage across major exchanges [8]. - The region has established a robust listing framework, with 2 companies awaiting approval, 3 under review, and 25 in the counseling phase, indicating a well-structured capital market [8]. Group 2: Quality Improvement of Listed Companies - The focus on quality has led to 53% of listed companies in Jiangxi being in strategic emerging industries, with an 80% increase in technology-based IPOs since the "Ying Shan Hong Action" began [9][10]. - R&D investment among listed companies has grown annually by 12.43%, with many companies becoming leaders in their respective industries [10]. Group 3: Financing and Economic Support - The capital market has facilitated over 950 billion yuan in financing during the "14th Five-Year Plan" period, with equity financing reaching 687.93 billion yuan, marking a 2.7 times increase from the previous period [14]. - The issuance of technology innovation bonds has also increased, with 114.76 billion yuan issued in 2025, reflecting a 31.47% year-on-year growth [14]. Group 4: Regulatory Environment - The Jiangxi Securities Regulatory Bureau has strengthened its regulatory framework, increasing enforcement actions significantly, with a 54.55% rise in administrative penalties compared to the previous five years [17]. - A comprehensive risk prevention mechanism has been established to address potential risks in bond defaults and private equity funds, ensuring a stable market environment [18][19].

"十五五"即将开启，江西证监局将以高度的政治责任感、使命感，进一步全面深化资本市场改革，推动辖区资本市场高质 量发展，为奋力谱写中国式现代化江西篇章贡献资本市场力量。 上市公司高质量发展迈上新台阶。通过督促上市公司落实新《公司法》和独立董事制度改革，积极落实推动提高上市公司 质量三年行动方案，上市公司治理和规范水平持续提升。支持上市公司综合运用并购重组、股权激励、分红回购等提升投资价 值，实现做优做强，近五年，辖区上市公司实施重大并购重组4单，交易金额78.94亿元；上市公司现金分红648.13亿元、回购 金额69.06亿元，分别较"十三五"时期提高134.02%、90.79%。通过支持上市公司围绕江西"1269"制造业重点产业链上下游开展 整合，促进产业转型升级，"十四五"时期上市公司研发投入年均增长12.43%，截至2025年10月底，江西上市公司总市值突破万 亿元，较"十三五"末增长57.94%，2家上市公司市值超千亿，超三成上市公司市值过百亿，一批上市公司成为"1269"制造业重 点产业链链主或龙头企业，上市公司日益成为引领产业发展的增长极。 服务实体经济广度深度显著拓展。近五年，江西辖区资本市场累计 ...