In 2024, more than 70% of Shanghai and Shenzhen listed companies achieved profitability, further highlighting their role as the "ballast stone" of the economy.

As of April 30th, more than 5,100 listed companies in the Shanghai and Shenzhen stock markets have disclosed their annual reports for 2024. The annual report data shows that the performance of listed companies in the Shanghai and Shenzhen stock markets remained resilient in 2024, with 74% of listed companies achieving profitability and 48% of listed companies experiencing positive profit growth. In terms of improving efficiency, listed companies have increased the speed of collection of receivables and alleviated some of the pressure on cash flow; in terms of focusing on returns, listed companies have set new records for dividends and share buybacks, continuing to increase efforts to reward investors; in terms of improving quality, the situation of normalized delisting is gradually forming, and the effectiveness of the capital market in attracting new listings continues to show.