The Shanghai Stock Exchange’s special working group surveyed more than 80 main board and science and technology innovation board companies, focusing on key and difficult issues

Listed companies are the cornerstone of high-quality economic development. Promoting high-quality development of listed companies is of great significance to assisting self-reliance in high-level science and technology, accelerating the construction of a modern industrial system, and boosting confidence in the capital market. Recently, reporters learned from the Shanghai Stock Exchange that as of February 6, the Shanghai Stock Exchange’s special working group had visited more than 80 main board and science and technology innovation board companies, covering manufacturing, finance, real estate, transportation, medicine, new energy and other industries. From point to point, through surveys and visits, we can grasp the company's current development difficulties and demands, find ways and paths to solve the problems, and transform the results of the visits into surging momentum for high-quality development.

Through surveys and "pulse inquiries" at the front line, we can find the crux that restricts the development of enterprises and increase support for high-quality listed companies. On February 4, the China Securities Regulatory Commission stated at the meeting to promote the work of visiting listed companies that in response to the demands put forward by the visited listed companies involving tax policies, financing, land, import and export, intellectual property protection and other aspects, it has been reviewed by each company one by one. A work ledger has been formed one by one and is being studied and resolved in light of the actual situation.

During the survey and visit, some leaders bravely shouldered the responsibility for industry development, reflecting the common difficulties faced by industry development. For example, Hengrui Pharmaceuticals focuses on the research and development of new drugs in multiple fields such as anti-tumor and metabolic diseases, and is one of the most innovative leading pharmaceutical companies in China. In the past ten years, the cumulative R&D investment has exceeded 30 billion yuan, especially in 2021 and 2022, the R&D investment has exceeded 6 billion yuan. Currently, there are 13 independently developed Class 1 innovative drugs such as revelutamide and camrelizumab. Approved for listing in China. However, the company also stated that currently, domestic pharmaceutical companies are facing a series of challenges such as an over-concentration of innovation targets and difficulty in "going global". Faced with multinational pharmaceutical groups rushing to seize the Chinese market, the domestic pharmaceutical industry is facing unprecedented competitive pressure. In order to stay ahead of the competition, To remain invincible, we must also keep up with the international frontier and narrow the technological gap.

Facing the complex and severe external environment in 2023, the company has achieved good results despite the pressure on real estate sales in Pudong Jinqiao. Since the "Thirteenth Five-Year Plan", the company's total assets have increased by more than 100%, revenue has increased by more than 300%, profits have increased by about 300%, self-owned properties have increased by about 80%, earnings per share have increased by more than 300%, and the asset-liability ratio and return on net assets have increased by more than 300%. and other indicators are at the leading level in the industry. During the survey, the company stated that it will take greater responsibility to promote the company's high-quality development, continue to strengthen industrial clusters around the leading industries of Jinqiao Development Zone, continuously optimize the industrial atmosphere, and increase the layout of industrial investment business. The company has formed a clear strategic direction. It will maintain a sense of urgency in future work, press the "fast forward button", and make every effort to overcome obstacles, especially accelerating asset disposal and property disposal.

Maintaining the smooth operation of the capital market is an important task at present. The valuation level of A-shares is at a historical low, and the value of medium and long-term investment is highlighted. During the survey, many companies reported that they need to work harder to boost investor confidence. China Grain Logistics said that in 2023, the industry will face the impact of large fluctuations in customer freight volume, and at the same time, the capital market will fluctuate. The company urgently needs to maintain its market position and brand image. China Grain Logistics will focus on the main business of domestic trade container logistics, take "controlling costs and improving efficiency" as the core development theme, comprehensively allocate newly purchased ship assets, and match small and high container resources, actively explore the "consolidation-to-consolidation" strategy, and stabilize the fundamentals of operations. At the same time, we will open communication channels with investors, listen to investors’ suggestions and opinions on the company’s future development, and reward shareholders with a higher proportion of dividends.

To promote steady economic growth, we must promote the steady development of listed companies. Listed companies are encouraged to play a "ballast" role in stabilizing the economy, promoting employment, and contributing to profits and taxes, and continue to do a good job in corporate governance, ESG, investor management, etc. Strengthening the texture internally and shaping the image externally help enhance the company's investment value.

In terms of green development, CSSC stated that in order to actively respond to the national "double carbon" strategy, seek a low-carbon and sustainable development path, and further achieve high-quality development of listed companies, it will complete a major asset reorganization in 2023 and purchase China through the issuance of shares and cash. The new energy wind power assets of the Shipbuilding Group have developed into a new energy wind power industry listed company integrating wind power resource development, wind turbine assembly and supporting, wind farm operation and maintenance. CSSC will focus on the relevant requirements of the State-owned Assets Supervision and Administration Commission's "Work Plan for Improving the Quality of State-controlled Listed Companies" to vigorously develop the wind power new energy industry, adhere to the principle of "developing both sea and land, and moving towards the sea", actively explore the integrated development of the clean energy industry, and innovate modern marine Comprehensive economic development model, continuously enhance the company's core competitiveness, and strive to become a domestic first-class professional listed company in new energy equipment and clean energy system solutions.

In terms of intelligent manufacturing, Shanghai Electromechanical has accelerated its digital, informatization and network transformation. In order to meet the market's growing demand for intelligent products, the company has gradually shifted its research and development focus to intelligent products under the guidance of the "technology-led" policy. In order to further enhance the customer experience throughout the elevator life cycle, the company launched LNK, which includes 9 categories of digital products. Smart elevator digital solutions, and through continuous iterative application of the latest digital technology, bring cutting-edge smart products to customers, opening up a new track for the company's digital business. The company's elevator factory has built advanced manufacturing equipment and automated flexible production lines based on industrial robot AGV5G technology in multiple application scenarios. It is the first in the elevator industry to build an intelligent production line for door panels, an intelligent assembly line for traction machines and an intelligent production line for escalator trusses. and other projects.

In terms of industrial upgrading, Shanghai Petrochemical closely integrates the current status and reality of the industry, highlights high-quality development, innovation-driven, self-reliance and independent controllability. The company stated that it has signed a strategic cooperation agreement with the Shanghai Jinshan District People's Government to promote the development of the chemical industry in a refined and green direction, and to assist the transformation and upgrading of traditional industries and green and low-carbon development. Through the efforts of both parties, the layout of the petrochemical industry will be more reasonable.