A-share companies are distributing annual "red envelopes" at present, with the "double innovation" sector emerging as a strong force for cash dividends.

As of June 23, a total of 2,379 listed companies have implemented their annual cash dividends for the year 2025, distributing a total of 708.755 billion yuan in cash dividends. Among them, Industrial and Commercial Bank of China ranked first with a dividend amount of 60.197 billion yuan, followed closely by China Mobile, Agricultural Bank of China, and Ping An Insurance, all with dividend amounts exceeding 30 billion yuan. In terms of industry distribution, apart from the banking and securities sectors, the telecommunications, electrical equipment, pharmaceuticals and biotechnology, and electronics industries have distributed significant amounts of dividends. It is worth noting that a group of hardcore technology companies from the Growth Enterprise Market and the Sci-Tech Innovation Board are entering a period of performance harvest, and are continuously rewarding patient investors with high dividends.