Core Viewpoint - The Shenzhen Stock Exchange (SZSE) has announced a series of fee reduction measures for 2026, expecting a total reduction amount exceeding 800 million yuan, aimed at enhancing market vitality and supporting the real economy [1][2]. Group 1: Fee Reduction Measures - The fee reduction measures include the exemption of listing fees for companies and funds, as well as transaction handling fees for bonds (excluding convertible bonds) and asset-backed securities [1]. - Additional measures involve waiving transaction unit flow fees for funds, bonds (excluding convertible bonds), and asset-backed securities, along with a reduction in communication and cloud service fees related to trading [1]. - The service fee for online voting at shareholder meetings will be halved [1]. Group 2: Implementation and Impact - The SZSE has been actively implementing tax and fee reduction policies in line with directives from the central government, progressively increasing the intensity of these measures over the years [1]. - Previous initiatives included lowering transaction handling fees for funds and stocks, and exempting various fees related to bond products and company listings, which have significantly benefited market participants and investors [1]. - The upcoming measures are intended to further stimulate market activity and better serve the real economy, contributing to a strong start for the 14th Five-Year Plan in financial work [2].

Core Viewpoint - The Shenzhen Stock Exchange (SZSE) has announced a series of fee reduction measures for 2026, expecting to save over 800 million yuan for market participants [1] Fee Reduction Measures - The fee reductions include six measures affecting stocks, funds, and bonds in the Shenzhen market, such as waiving listing fees for companies and funds, and transaction handling fees for bonds (excluding convertible bonds) and asset-backed securities [1] - Additional measures include waiving transaction unit flow fees for funds, bonds (excluding convertible bonds), and asset-backed securities, as well as reducing communication and cloud service fees related to trading [1] - The service fee for online voting at shareholder meetings will be halved [1] Implementation and Impact - The SZSE has been actively implementing tax and fee reduction policies in line with national directives, progressively increasing the scale of fee reductions over the years [1] - Previous measures have included lowering transaction handling fees for funds and stocks, and waiving various fees related to bond trading and company listings, which have significantly benefited market participants and investors [1] - The SZSE aims to further stimulate market vitality and support the real economy and high-quality development in accordance with the spirit of the 20th Central Committee and the Central Economic Work Conference [1]