Shanghai and Shenzhen Stock Exchanges will organize the centralized roadshow of listed companies in 2023

The reporter of China Securities News learned on October 16 that Shanghai and Shenzhen Stock Exchanges will organize and carry out centralized roadshows of listed companies. The two companies invited about 50 high-quality listed companies to analyze their business performance, talk about their development strategies, respond to investors' concerns and listen to their suggestions. This move aims to implement the relevant requirements of the CPC Central Committee on activating the capital market and boosting investor confidence, guide listed companies to establish and improve a multi-level benign interaction mechanism with investors, unblock communication channels with investors, and strengthen mutual promotion of investment and financing.

Multi dimensional display of the development style of listed companies

Strengthening investor relationship management is an important way to respect, revere and protect investors, as well as a powerful measure to improve the governance level of listed companies and help achieve high-quality development. It is worth noting that the listed companies participating in the centralized roadshow are highly representative, exemplary and leading.

Among them, Shanghai Stock Exchange companies will carry out roadshows around four themes, namely "industry leadership", "digital economy", "people's livelihood services" and "central enterprise ESG". Led by senior executives of listed companies, the company made a vivid presentation and detailed explanation in combination with its own operation, industry development trend, innovation and upgrading, and conducted in-depth interaction with domestic and foreign institutional investors, securities research institutions and individual investor representatives.

The first "industry leader" and the second "digital economy" roadshow will be held on October 18 and 20, respectively. In the theme of "Leading the Industry", 17 industry leaders including Guizhou Moutai, Zijin Mining, SAIC Group and other executives will come on the scene one after another to explain the new trends and highlights of the company's business development. In the theme of "digital technology", representatives of 10 electronic technology industry companies such as Haier Zhijia, Jinshan Office and Huahong will also gather together to talk about the new picture of digital China from the perspective of technological innovation and industrial upgrading.

In Shenzhen Stock Exchange, since the middle and late October, the Shenzhen Stock Exchange will hold three batches of centralized roadshows around the three themes of "industry benchmark laying the foundation", "leapfrog growth taking advantage of the wind", "innovation driven wave breaking", and invite Shenzhen listed companies with excellent development quality, strong representativeness, and good growth and innovation to actively analyze business performance, talk about development strategies, and respond to investors' concerns, Listen to investors' suggestions, further build consensus and enhance mutual trust.

On October 19, the first batch of centralized roadshow activities of Shenzhen listed companies with the theme of "industry benchmark laying the foundation" will be held offline in Shenzhen, Beijing, Shanghai and Chengdu. The core members of 15 representative high-quality leading listed companies such as BYD and Gree Electric will have face-to-face exchanges with investors.

The group of high-quality listed companies accelerates to gather

In recent years, the Shanghai and Shenzhen Stock Exchanges have conscientiously implemented the Opinions of the State Council on Further Improving the Quality of Listed Companies, taking the in-depth implementation of the two rounds of the Three Year Action Plan for Promoting the Improvement of the Quality of Listed Companies of the CSRC as the main line of work, and formed a batch of strategies for actively serving the country, outstanding innovation ability, standardized corporate governance, and long-term improvement in business performance A group of high-quality listed companies that continue to enhance their returns to investors and actively fulfill their social responsibilities.

According to statistics, the average annual compound growth rate of Shanghai listed companies' revenue and net profit in recent three years is about 12% and 10% respectively; The total R&D investment is nearly 1 trillion yuan, accounting for more than 30% of the total national R&D investment, with an average annual compound growth rate of nearly 30% in the past three years; The total amount of cash dividends is nearly 1.72 trillion yuan, with a compound annual growth rate of nearly 20% in the past three years. The proportion of cash dividends in net profits has remained stable at more than 35%.

In the past three years, Shenzhen Stock Exchange has made remarkable achievements in serving the real economy. Entity companies achieved double growth in revenue and profit, with operating revenue and net profit increasing by 34.69% and 18.99% respectively. The development of the three key areas has been accelerated, and the advanced manufacturing companies have a wide range and high quality. The compound growth rate of net profit in the past three years is 17.8%; Digital economy companies continued to innovate and make breakthroughs, and the compound growth rate of net profit in recent three years reached 11.1%; Green and low-carbon companies have begun to take shape with characteristics, and the compound growth rate of net profit in the past three years has reached 48%.

Outstanding achievements in the construction of multi-level capital market

With the implementation of the registration system reform from the pilot to the whole market, the construction of the multi-level capital market has achieved increasingly prominent results.

Among them, the "ballast stone" role of the main board companies in Shanghai Stock Exchange continues to strengthen, contributing more than 70% of the operating revenue, nearly 80% of the net profit, nearly 60% of the R&D investment and nearly 80% of the cash dividends of the whole market in 2022; In the first half of 2023, we overcame multiple adverse factors and maintained a strong development resilience. The operating income and net profit attributable to the parent company increased by 31% and 16% respectively compared with the same period in 2019, directly and indirectly driving 200 million people in employment, playing a due role in stabilizing employment and ensuring people's livelihood.

The "hard technology" feature of the Science and Technology Innovation Board has become increasingly prominent, and the demonstration effect and agglomeration effect of industrial chains such as integrated circuit, biomedicine, and new energy have become increasingly significant. The growth rate of R&D investment in the whole year of 2022 and the first half of 2023 is 28% and 19% respectively. The R&D investment accounts for 12% of the operating revenue, and the average number of invention patents owned by each company has reached 168, A number of scientific and technological innovation achievements have been formed to break through the "choke" problem.

In Shenzhen, after the implementation of the comprehensive registration system reform, the multi-level capital market system of Shenzhen Stock Exchange has become increasingly perfect, forming a market pattern of "main board+growth enterprise market", and the two wings fly together to support high-level science and technology for self-reliance and serve high-quality economic development. The main board highlights the characteristics of "big market blue chip", focuses on supporting representative strategic pillar industries with mature business models, stable operating performance, and the GEM highlights the characteristics of "excellent innovation and high growth", and focuses on the positioning of "innovation, creation, and creativity" to accelerate the formation of strategic emerging industry development highlands.

In recent years, Midea Group, Gree Electric Appliance and other listed companies in Shenzhen Stock Exchange have been deeply engaged in their main businesses. Adhering to the spirit of craftsmanship, they have gradually grown into industry benchmark enterprises with leading and exemplary effects, and have constantly written new chapters in serving national strategies, serving the real economy and other aspects. For example, a number of Shenzhen listed companies, such as Ningde Times, Shunfeng Holdings, and GME, have actively used capital market tools to become better and stronger, and have achieved leapfrog development. A number of Shenzhen listed companies, such as Mindray Medical, Huichuan Technology, Lixun Precision and BOE, are determined to expand and adhere to innovation, becoming eye-catching "business cards" in the market.

key word: listed company investor a batch Net profit