Deputy Director of the Shanghai Securities Regulatory Bureau: Over 80% of the companies listed on the STAR Market have released action plans for "improving quality and efficiency to increase returns" in the past two years.

According to Eastday, Zhao Guofu, deputy director of the Shanghai Securities Regulatory Bureau, stated at a press conference held by the Shanghai municipal government that over the past two years, more than 80% of companies listed on the science and technology innovation board have released action plans for "enhancing quality, increasing efficiency, and returning value". Since the release of the "Eight Measures for the Science and Technology Innovation Board", nearly 200 companies have announced share buyback and increase plans with a total amount of nearly 18 billion yuan; more than 370 companies have introduced dividend plans for 2024, with a total dividend of nearly 39 billion yuan. The protection of investor rights and interests will be continuously strengthened, with three-dimensional accountability for science and technology innovation board companies and controlling shareholders who violate laws and regulations, establishment of mechanisms for resolving disputes through multiple channels in cooperation with judicial authorities, and collaboration with arbitration institutions to carry out securities arbitration pilot projects, all aimed at improving the quality and efficiency of investor services through multiple channels. In the next step, we will continue to implement and effectively carry out the "Eight Measures for the Science and Technology Innovation Board", further leverage the role of the science and technology innovation board as an "experimental field", continuously deepen comprehensive reforms in the capital market for investment and financing, and better support the development of technological innovation and new quality production.