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Li Ming, Vice Chairman of the China Securities Regulatory Commission, stated at the 2025 Shenzhen Stock Exchange Global Investors Conference that the technological quality and innovation momentum of A-share listed companies continue to improve. Since 2024, more than 90% of newly listed companies are high-tech enterprises, and the market value of listed companies in strategic emerging industries accounts for more than 40%. A batch of leading companies have rapidly emerged in advanced manufacturing, digital economy, green and low-carbon fields, shining in global competition and attracting wide attention from global investors.