Core Viewpoint - The training session held by the Shanghai Stock Exchange aimed to enhance the understanding and application of market value management tools among central enterprises, guiding them to improve their overall market value management levels [1][3]. Group 1: Training Objectives and Content - The training focused on the importance of market value management and how to implement it effectively, emphasizing the need for central enterprises to improve the quality of listed companies and enhance operational efficiency and profitability [3]. - Participants were educated on various market value management methods, including mergers and acquisitions, equity incentives, employee stock ownership plans, cash dividends, investor relations management, information disclosure, and share buybacks, while avoiding "pseudo market value management" [3]. - The training included practical insights from industry leaders on equity incentives and investor relations management, providing a framework for central enterprises to implement these strategies effectively [3][4]. Group 2: Participation and Impact - Nearly 100 capital operation leaders from about 50 central enterprises attended the training, indicating strong interest and engagement in improving market value management practices [1][4]. - The training also featured case studies from companies like the National Energy Group, which shared key focus areas and relationships to manage, such as avoiding short-termism and establishing effective mechanisms tailored to the companies' realities [4]. Group 3: Market Context and Statistics - As of April 18, 2025, the market capitalization of central enterprise listed companies in A-shares reached 29.62 trillion yuan, accounting for 30.52% of the total A-share market capitalization [6]. - The Shanghai Stock Exchange has been actively enhancing its services to central enterprises, aiming to support their high-quality development and create a sustainable mechanism for capital market support [6][7].