Shanghai Stock Exchange: Will promote listed companies to further increase dividend payout, make good use of repurchase, merger and reorganization, investor communication and other market value management tools.

On June 5, the Shanghai Stock Exchange held a symposium on high dividends, high returns, and the enhancement of the value of listed companies. Relevant officials from the Shanghai Stock Exchange stated that China's capital market system, structure, and institutional mechanisms continue to improve, and the foundation and conditions for high-quality development are constantly being strengthened. It is important to have confidence in Chinese assets. In the future, the Shanghai Stock Exchange will promote listed companies to increase their dividend payouts, increase the frequency of dividends, make good use of tools such as share repurchases, mergers and acquisitions, and investor communication to continuously enhance the investment value of companies. On the product supply side, the exchange will continuously enrich the system of dividend index-related products to meet the diverse investment needs of the market and promote the beneficial interaction between long-term capital, patient capital, and high-quality equity assets.