Over 2000 A-share companies have disclosed annual reports, with profits continuously increasing "with scientific measurement".

The disclosure of A-share annual reports has entered the peak period. As of the evening of April 17, over 2,000 A-share companies have disclosed their 2025 annual reports. In 2025, A-share company profits continue to optimize, the effects of technological innovation empowerment are highlighted, large dividends continue to emerge, long-term funds increase their layout, and the market shows multiple positive trends. Driven by technological innovation, the "science and technology content" of A-share profits continues to increase, and listed companies' R&D investment continues to increase. The more than 2,000 listed companies that have disclosed their annual reports have a total R&D expenditure of over 940 billion yuan in 2025, an increase of 9.44% year-on-year. The R&D expenditure growth rate of companies listed on the Growth Enterprise Board and the Sci-Tech Innovation Board reached 13.68% year-on-year. Over 40 "double innovation" companies have R&D investment as a percentage of revenue exceeding 30%, using high-intensity R&D as the core kinetic energy for long-term development accumulation.