On September 27, SZSE held the ninth “Chuangxianghui” special event on specialized Integration of SOEs, inviting relevant persons in charge of China Mobile, CHALCO, CMPD-B and other SOE groups as well as Chinese Academy of Fiscal Sciences. Also in attendance were representatives from listed SOEs such as GYFZ, CITIC Steel, Meili Cloud and EXPL, as well as representatives from Shenzhen SOEs. More than 20 experts and intermediary organizations who have long been engaged in research and service for the merger and reorganization of SOES participated in the event. The purpose of the event was to discuss the capital market's role in serving the specialized integration and high-quality development of SOES.

Specialized integration is an important means for the layout and structural adjustment of the state-owned economy. It is also a crucial component of deepening and enhancing the new round of SOEs reforms. This plays a positive role in enhancing the core competitiveness of SOEs.

The attendees indicated that SOEs are the backbone of China's economy, closely linked to national security and the lifeline of the national economy. Against the background of fully implementing the stock issuance registration-based IPO system, it is of great significance for the capital market and exchanges to better serve the specialized integration and high-quality development of SOEs. At the symposium, representatives shared valuable cases, experiences and insights from different perspectives that contribute to specialized integration and the merger and reorganization of listed SOEs. They also discussed common challenges and received unanimous recognition from all parties involved in the event.

Through exchanges with regulatory agencies, peers and experts and scholars, the participating representatives from central SOEs and SOEs have deepened their understanding of specialized integration. The advanced cases and insights shared at the symposium are highly targeted and instructive. They provide valuable references for ongoing efforts in specialized integration, guiding the convergence of high-quality resources and the improvement of listed companies. This has brought tangible benefits and a sense of achievement to the enterprises.

In recent years, SZSE has been committed to “gathering innovative capital and unlocking growth drive” and has steadfastly adhered to its mission. It considers serving the reform of state-owned assets and enterprises as an important task. SZSE has actively established professional teams to comprehensively support the quality improvement of SOE reforms.

Particularly, in the context of implementing a new round of deepening SOE reforms and benchmarking against world-class enterprises in value creation, SZSE has issued and implemented the “Special Action Plan for Further Enhancing Value Creation Discovery and Promoting the Quality of Listed SOEs on SZSE”. Through deepening cooperation and connection, conducting in-depth visits and research, organizing series of activities, strengthening institutional safeguards and promoting typical cases, SZSE actively assists in the specialized integration of listed SOEs, enhances their intrinsic value creation, promotes improved corporate governance and enhances market recognition and value discovery. Significant achievements have been made through these efforts.

“Chuangxianghui” is a market service brand built by SZSE with its own characteristics. Currently, a number of special “Chuangxianghui”  events centering on hot topics have been held, further strengthening the influence and attraction of the brand.

Next, SZSE will continue to roll out more events about “Chuangxianghui”  with a focus on key areas, key industries and key regions to promote interaction, communication and cooperation among enterprises and strive to build an open and active capital market service platform.