Shanghai Stock Exchange: Continue to deepen comprehensive reform of capital market investment and financing.

In terms of comprehensive reform of investment and financing, on March 10, the Shanghai Stock Exchange told reporters from Securities Times that the next step will be to continue to deepen the comprehensive reform of the capital market investment and financing, further improve the mechanism for the entry of medium and long-term capital into the market. The first is to better leverage the functions of stock and bond financing. Continuously promote the implementation of various reform measures, promote the increase in the proportion of direct financing and equity financing. Further expand the scale of corporate bonds, develop innovative products that serve national strategies. The second is to promote the value growth and governance improvement of listed companies. Continue to effectively implement the "five major regulations", deepen the "improve quality, increase efficiency, and return" action, improve incentive and restraint mechanisms, promote the improvement of governance level of listed companies, guide companies to strengthen dividends and repurchases, and support listed companies in enhancing core competitiveness through mergers and acquisitions. The third is to further deepen the construction of the investment side. Actively advocate the concept of "three investments", strengthen the construction of investor protection mechanisms. Enrich products and risk management tools that are suitable for long-term investments, continuously enrich the index and product system of the science and technology innovation board, and increase the supply of indexes and products suitable for long-term investments.