Improve long-term mechanisms to make the foundation of stability even stronger.

The recently held China Securities Regulatory Commission's mid-year meeting in 2025 further strengthens the market stability mechanism, enhances the effectiveness, foresight, and supervision of market monitoring and risk response, and strengthens expectation guidance. Market participants believe that the key to consolidating the market stabilization and improvement trend lies in enhancing the intrinsic stability of the capital market, efficient coordination of policy combinations, and deepening investment and financing reforms. In the future, vigorously promoting listed companies to enhance investment value, exerting greater efforts to cultivate and strengthen long-term capital and patient capital, and strengthening expectation guidance through a series of reforms will make the capital market more stable.