Harness the Advantages of Provincial and Municipal-level Cultivation Bases to Support the Comprehensive Revitalization Strategy of Northeast China- SZSE Conducts “Sunshine[...]

From September 15 to 16, SZSE, in collaboration with the Jilin Province Local Financial Supervision and Administration and the Tonghua Municipal People's Government, conducted the "Sunshine Service Expedition" in Tonghua City. Over a hundred participants, including the financial officials at the three levels of Jilin Province,Tonghua City and counties under the administration of Tonghua City, as well as the representatives of pre-IPO companiesand investment institutions, attended the event.

Since the beginning of this year, SZSE has conducted a series of "Sunshine Service Expedition" activities, including those held in Liaoning Province and Jilin Province. This in-depth visit to Tonghua City in Jilin Province is a significant measure of SZSE to rigorously implement the guiding principles outlined by General Secretary Xi Jinpingduring thesymposium on promoting the comprehensive revitalization of Northeast China in the new era. It aims to strengthen the "localized"cultivation base functions at both the provincial and municipal levels in Jilin Province and Tonghua City, better serve the high-quality development of Northeast China economy,and help achieve new breakthroughs in the comprehensive revitalization of Northeast China.

Theevent closely revolves around the key tasks specified in the symposium on promoting the comprehensive revitalization of Northeast China in the new era, such as "promoting industrial innovation through technological innovation," "developing big modernized agriculture" and "enhancing levels of both domestic and international opening up and cooperation". The event has further refined service plans and innovatively organized a series of sub-activities. Firstly, a symposium on investment institutions supporting the economic development of Tonghua was held. Seven renowned investment institutions were invited to engage in discussions and exchanges with five strategic emerging industrial enterprises in areas such as new energy, high-end equipment and new materials in Tonghua City, whichaims to serve their collaboration in production and financeand strengthen joint cultivation of these enterprises. Secondly, a symposium was organized for SZSE-listed companies to collectively discuss such topics as improving the quality of SZSE-listed companies, better developingcharacteristic industries such as modern biotechnology and traditional Chinese medicine, and promotingthe upstream and downstream extension of industrial chains, thus strengtheningcommunication and coordination. Thirdly, specialized training sessions were separately conducted for representatives of pre-IPOcompanies, financial officials, and securities market investors to strengthen their understanding of actively utilizing the capital market to achieve high-quality development and improve investors' awareness of risk prevention. Fourthly, the cultivation function of Tonghua as a base was strengthened by providing the city with capital market service commissionerswhowill establish convenient communication channels with the local government and enterprises to promptly respond to various service needs.

SZSE attaches great importance to serving the comprehensive revitalization strategy of Northeast China. Since 2019, SZSE has successively established provincial-level cultivation and service bases in Jilin, Heilongjiang, and Liaoning provincesandset up secondary bases in Tonghua and Dalian. In recent years, SZSE has fully leveraged its platform function and advantages in the capital market, providing comprehensive services across all product lines and actively serving various market entities in Northeast China. This has contributed to the revitalization and development of Northeast Chinathrough the utilization of the capital market. Currently, there are 86 SZSE-listed companies from Northeast China, accounting for 48% of the A-share companies from NortheastChina. Since 2020, the number of newly listed companies at fromNortheast Chinahas surpassed the total of the previous eight years before 2020. Outstandinginnovative companies such as Kingchem (Liaoning) Life Science Co., Ltd.and Jilin Province Xidian Pharmaceutical Sci-Tech Development Co., Ltd.have successfully gone public, effectively supporting local economic development and industrial upgrading.

In the future, SZSEwill continue to adhere to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as a guide and steadfastly implement the strategic deployment of the 20th National Congress of the CPC to achieve new breakthroughs in promoting the comprehensive revitalization of NortheastChina. We will seize new major opportunities for the comprehensive revitalization of NortheastChina, adhere to serving technological innovation, focus on key areas such as advanced manufacturing, digital economy, green and low-carbon and fully leverage the role of the capital market hub. We will further facilitate the virtuous cycle of "technology-industry-finance" in Northeast China, support Northeast China to better integrate into the national unified market, and contribute to the writing of a new chapter in the comprehensive revitalization of Northeast China, thus better serving thedevelopment endeavorsof China.