Shanghai Stock Exchange: Will promote listed companies to further increase dividend payouts and frequency of dividends

On June 5th, the Shanghai Stock Exchange held a seminar on high dividend returns and the enhancement of listed company value, engaging in in-depth discussions to further improve the valuation of companies with high dividends and high dividend yields, and fully listening to opinions and suggestions. Currently, a number of listed companies with high dividends and good returns have emerged in the Shanghai market. A relevant person in charge of the Shanghai Stock Exchange stated that the system, structure, and institutional mechanisms of China's capital market are continuously improving, and the foundation and conditions for high-quality development are being consolidated. Confidence in Chinese assets must be strengthened. In the future, the Shanghai Stock Exchange will promote listed companies to further increase dividend payouts, enhance the frequency of dividends, and effectively utilize market value management tools such as repurchases, mergers and acquisitions, and investor communications to continuously enhance the investment value of companies. On the product supply side, it will continuously enrich the product system related to the SSE Dividend to meet the diverse investment needs of the market and promote positive interaction between long-term capital, patient capital, and high-quality equity assets