本报记者 吴晓璐 在田轩看来，新一轮公司治理专项行动需要重点关注上市公司股权结构透明度、董事会独立性及决策有效性、内部控制体 系健全性以及信息披露质量等核心问题。通过强化控股股东、实际控制人行为规范，完善独立董事履职保障机制，推动企业建 立健全ESG信息披露制度，提升公司治理的制度化与规范化水平，增强投资者信心。同时，应着力防范化解资金占用等潜在风 险点，健全公司治理长效机制。 会议还提出，引导优质公司持续加大分红回购力度。"近年来在监管部门协同推进下，上市公司质量明显抬升，上市公司 分红规模持续创新高。"上海申银万国证券研究所有限公司政策研究室主任、首席研究员龚芳在接受《证券日报》记者采访时 表示，从境内外投资者的关切来看，希望进一步鼓励上市公司加大分红，对于"铁公鸡"类上市公司，加强分红行为与上市公司 再融资之间的绑定约束机制；进一步加大股份回购注销力度，提升股东回报。 12月10日至11日举行的中央经济工作会议提出，"持续深化资本市场投融资综合改革"。 近日，中国证监会党委书记、主席吴清主持召开党委（扩大）会议（以下简称"会议"），传达学习中央经济工作会议精 神，结合全国金融系统工作会议要求，研究部署证 ...

Group 1 - The 20th Central Committee of the Communist Party of China will hold its fourth plenary session from October 20 to 23 in Beijing, focusing on the national economic and social development plan for the 15th Five-Year Plan and analyzing the current economic situation [2] - A video call was held between Chinese and U.S. trade leaders, discussing the implementation of important consensus reached by the two countries' leaders and agreeing to hold a new round of economic consultations soon [3] - The China Securities Regulatory Commission has revised the Corporate Governance Guidelines for Listed Companies, effective January 1, 2026, to enhance the supervision of directors and senior management, improve incentive mechanisms, and regulate the behavior of controlling shareholders [4] Group 2 - The Shanghai Stock Exchange's vice chairman emphasized the accelerating technological revolution, particularly in AI and biomedicine, and the need to enhance the quality of listed companies to attract long-term capital [5] - UBS Wealth Management upgraded its global stock rating to "attractive," citing stronger-than-expected economic growth and easing tariff pressures, while also raising the rating for Chinese tech stocks due to confidence in their ability to monetize AI [6] - A report on generative AI applications indicated that by June 2025, the user base in China is expected to reach 515 million, doubling in six months, with a penetration rate of 36.5% [7] Group 3 - Silan Microelectronics announced plans to invest 5.1 billion yuan in its subsidiary to build a 12-inch integrated circuit chip manufacturing line, with a total project investment of 20 billion yuan [9] - Yidao Information plans to acquire 100% of Langguo Technology, with the transaction expected to constitute a major asset restructuring, although the audit and evaluation work is not yet complete [10] - Xiling Information reported a significant increase in revenue and net profit for the third quarter, with a revenue of 26.6 million yuan, up 14.97%, and a net profit of 3.84 million yuan, up 260% [10] Group 4 - Tongyou Technology reported a revenue of 154 million yuan for the third quarter, a year-on-year increase of 197.06%, and a net profit of 27.67 million yuan, up 300.46% [11] - China Life Insurance expects its net profit for the first three quarters of 2025 to be between 156.79 billion yuan and 177.69 billion yuan, an increase of approximately 52.26 billion yuan to 73.17 billion yuan compared to the same period in 2024 [11] - Cambrian reported a revenue of 1.73 billion yuan for the third quarter, a year-on-year increase of 1332.52%, driven by market expansion and AI application support [11] Group 5 - Guotai Junan Securities views recent market adjustments as a good opportunity to increase allocations in A-shares, suggesting that external disturbances will not end the trend and that every pullback is a chance to buy into China [13]