Core Viewpoint - The demand for stable returns has led to an increased interest in dividend assets, which has enhanced their investment value in the market [1][2]. Group 1: Market Trends - As of August 20 this year, 87.5% of the 256 dividend indices in the A-share market have risen, indicating strong market interest in dividend assets [1]. - The active buying amount for dividend-related ETF products reached 198.6 billion yuan, accounting for 87.74% of the total buying amount for strategy index ETFs, reflecting high market recognition and active positioning towards dividend assets [1]. - A total of 35 new dividend indices have been launched this year, covering various market capitalizations and strategy factors, indicating a rapid response to market demand [2]. Group 2: Policy and Regulatory Environment - The China Securities Regulatory Commission's action plan aims to promote the development of more dividend, low volatility, and growth strategy index ETFs, providing clear policy signals for the introduction of new indices [2]. - Regulatory guidance has been issued to encourage listed companies to strengthen their dividend awareness and standardize dividend behavior, promoting a healthy market ecosystem [5]. Group 3: Corporate Actions - Companies are increasingly focusing on enhancing the quality and sustainability of their dividends, with examples like Shenzhen Mindray Bio-Medical Electronics Co., Ltd. planning a mid-term profit distribution of 1.71 billion yuan for 2025 [6]. - The improvement of dividend capabilities is viewed as a long-term endeavor, requiring companies to balance retained earnings and dividend payouts while ensuring stable business growth [6]. Group 4: Investment Ecosystem - The expansion of precise dividend indices is expected to enhance asset pricing efficiency and support the innovation of related financial products, improving the risk management system in capital markets [3]. - The ongoing development of the dividend index investment ecosystem is anticipated to provide investors with a wider range of investment targets, aligning with different risk preferences and investment needs [4].

Core Viewpoint - The demand for stable returns has led to an increased interest in dividend assets, which has enhanced their investment value in the market [1][2]. Dividend Assets Popularity - As of August 20 this year, 87.5% of the 256 dividend indices in the A-share market have risen, indicating strong market interest in dividend assets [1]. - The active buying amount for dividend-related ETF products reached 198.6 billion yuan, accounting for 87.74% of the total buying amount for strategy index ETFs, reflecting high market recognition and active positioning towards dividend assets [1]. - A total of 35 new dividend indices have been launched this year, covering various market capitalizations and strategy factors, contributing to a diversified dividend index system [1][2]. Market Response and Policy Guidance - The rapid introduction of new indices is a response to the growing demand for high-dividend, stable-return assets in a low-interest-rate environment, as well as a result of policy guidance from the China Securities Regulatory Commission [2]. - The introduction of more precise dividend indices can enhance asset pricing efficiency and support the development of differentiated investment tools, including index funds and derivatives [2]. Sustainable Dividend Enhancement - The increasing focus on dividend assets has prompted more companies to prioritize improving the quality and sustainability of their dividends [3][4]. - Regulatory bodies have been guiding companies to strengthen their dividend awareness and standardize their dividend practices, promoting a healthy market ecosystem [3][4]. Company Actions - Companies like Shenzhen Mindray Bio-Medical Electronics Co., Ltd. have announced significant dividend plans, reflecting a commitment to shareholder returns and providing market certainty for long-term investments [4]. - The enhancement of dividend capabilities is viewed as a long-term endeavor that requires a balance between retaining funds for growth and meeting investor expectations for stable returns [4]. Ensuring Healthy Dividend Practices - To ensure healthier and more reasonable dividend practices, multiple strategies are suggested, including strengthening regulation, improving corporate governance, enhancing transparency in disclosures, and linking dividend policies to management incentives [5].