Leveraging the Advantages of Comprehensive Services and Serving the Building of New Development Pattern: 2023 Beijing Capital Market Service Week Officially Launched by SSE, SZSE and BSE

As an important initiative to further leverage stock exchanges' comprehensive service ability for Beijing's real economy and build a service ecology across product lines, the Beijing Capital Market Service Week (hereinafter referred to as "Beijing Service Week"), jointly organized by the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE) and Beijing Stock Exchange (BSE), was officially launched in Beijing on April 3, 2023. More than one hundred participants from the Beijing Office of the China Securities Regulatory Commission (CSRC), relevant departments of the Beijing Municipal Government, central SOEs, local SOEs and private enterprises attended the event. "Beijing Service Week" is the first capital market service week activity jointly organized by the SSE, SZSE and BSE, and also the 11th service week held by the SSE in 2023.

To meet the diversified capital market development needs in Beijing and promote the high-quality development of economy and industries in Beijing, with strong support from relevant government departments of Beijing, "Beijing Service Week" has invited the State-owned Assets Supervision and Administration Commission of the State Council, the CSRC and other ministries to give instructions and participate. In the coming week, the three exchanges will jointly hold 14 events for listed companies, to-be-listed companies, bond issuers, intermediaries, individuals and institutional investors, including a comprehensive service day for central SOEs, a comprehensive service day for local SOEs, and a special training session for private enterprises on the comprehensive registration system and standards for specialized and innovative companies.

In the afternoon, as an important part of "Beijing Service Week", the SSE signed a strategic cooperation agreement with China Chengtong Holdings Group Ltd. The two sides will establish a solid mechanism for long-term cooperation in areas such as facilitating corporate equity financing, promoting professional integration, strengthening the listing pipeline of enterprises in strategic emerging industries, improving the quality of listed companies held by central SOEs, issuing corporate bonds, ABS and publicly offered REITs, and promoting innovation in indexes and ETF products, thus better serving the deepening of SOEs reform, facilitating the improvement of the layout and structure of the state-owned sector, and effectively enhancing the core competitiveness of central SOEs.

In recent years, under the unified leadership of CSRC and with strong support from the Beijing Municipal Government at all levels, the SSE has been actively leveraging its functional advantages as an exchange and the service span of its Northern China Market Service Center, effectively connecting and serving Beijing municipal and district governments and various market entities, focusing on three business lines, i.e. comprehensive services for central SOEs, IPO services for northern region and REITs services in Beijing, to form a comprehensive service matrix across product lines, and concentrating superior resources, increasing service efforts and emphasizing user-friendly services to achieve practical results. Since 2022, the SSE has served 21 new SSE-listed companies in Beijing, the leading region in terms of capital raised; supported the listing of five publicly offered REITs from Beijing on the SSE, raising nearly RMB 15 billion yuan in total.

Going forward, the SSE will continue to resolutely implement the strategic plan of the 20th CPC National Congress to accelerate the building of a new development pattern and focus on promoting high-quality development. Together with the SZSE and the BSE, the SSE will keep serving the national strategy of Beijing-Tianjin-Hebei coordinated development, jointly build a benign ecology for Beijing's capital market, comprehensively improve the level of the international science and technology innovation center, and make greater contribution to promoting high-quality economic development of Beijing.

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