Xinhua News Agency: Two central SOEs announced increased holdings.

According to the Xinhua News Agency WeChat official account, recently, China Chengtong and its subsidiaries, Chengtong Capital and Chengyang Investment, have focused on increasing their holdings of Chinese stocks owned by central enterprises, with a total investment of nearly 10 billion yuan. China Chengtong is confident in the prospects of the Chinese economy and the capital market, and will continue to use its own funds for stock repurchases and large-scale holdings of central enterprise and technology company stocks and ETFs, in order to maintain the stability of the capital market. China Guoxin Holding Co., Ltd. is optimistic about the development prospects of the Chinese capital market, firmly supports the technological innovation and high-quality development of central enterprises, and its subsidiary Guoxin Investment Co., Ltd. has already used over 50 billion yuan in stock repurchases and special refinancing loans to maintain market stability. In the future, they will continue to effectively use refinancing loans as a policy tool, while continuing to increase their holdings of central enterprise stocks with their own funds, in order to firmly uphold the strategic value of core assets in the capital market and ensure its stable and healthy operation.