Chairman of the Shanghai Stock Exchange, Qiu Yong: Focusing on fostering new productive forces, guiding capital towards cutting-edge technology, advanced manufacturing, and future industries.

At the International Investors Conference held today by the Shanghai Stock Exchange, Chairman of the Shanghai Stock Exchange, Qiu Yong, stated that looking ahead to the "14th Five-Year Plan", the Shanghai Stock Exchange will thoroughly implement the spirit of the 4th Plenary Session of the 20th Party Central Committee and the Central Financial Work Conference. Under the strong leadership of the China Securities Regulatory Commission, we will closely focus on the main line of preventing risks, strengthening supervision, and promoting high-quality development, adhere to the principles of innovation, stability, and progress, accelerate the construction of a world-class exchange. We will focus on fostering new productive forces, optimizing key systems such as IPO, refinancing, mergers, and acquisitions, guiding capital towards cutting-edge technologies, advanced manufacturing, and future industries, promoting the deep integration of scientific and industrial innovation. We will focus on cultivating a systematic ecological investment of rational, value, and long-term investment, attracting more medium and long-term funds into the market, promoting dynamic balance between investment and financing. We will focus on promoting the improvement of corporate governance and the quality of information disclosure of listed companies, strengthening dividends and repurchases, enhancing investment value through steady performance and sustained returns. We will focus on steadily expanding institutional opening up, expanding cross-border investment and financing channels, enriching international product systems, enhancing global competitiveness and attractiveness. At the same time, we will also focus on better coordinating development and security, continuously strengthening technological empowerment of supervision and services, improving full-chain risk monitoring, early warning, and disposal mechanisms, providing solid guarantees for the smooth operation of the market and protection of investors' rights.