Small and medium-sized enterprises account for more than 60%, with over 60 companies issuing stock buyback plans since July.

Listed companies are actively repurchasing shares. According to statistics, since July, more than 60 listed companies have announced share repurchase plans, with over 60% of companies with a market value of less than 10 billion yuan. The purpose of the repurchase is focused on equity incentives, capital cancellation, and maintaining the company's value. Journalists found that the current funding channels for share repurchases by listed companies continue to expand, with the model of using own funds combined with bank special loans becoming more common. Some companies are also ensuring the implementation of repurchases by increasing repurchase amounts and optimizing funding sources. On the regulatory front, constraints are being strengthened, with a sharp sword being shown to companies that do not fulfill their "pie-in-the-sky" repurchase promises.