Shanghai Securities News｜Empowering Stable Markets and Economy Through High-Quality Corporate Development: SSE-listed Companies Respond Positively to the Central Economic Work Conference

Edited and Translated from Shanghai Securities News

In response to the arrangements made at the Central Economic Work Conference, SSE-listed companies have expressed their commitment to enhancing investment value and increasing returns for investors through their own high-quality development.

The Central Economic Work Conference emphasized the implementation of the "Two New" policies, innovation in diverse consumer scenarios, expansion of service consumption, and promotion of cultural tourism. It also encouraged the active development of the unveiling economy, ice and snow economy, and silver economy. In response, Wangfujing Group indicated its commitment to boosting consumer responsibility by leveraging trends such as the unveiling economy and ice and snow economy to innovate diverse consumer scenarios. Chongqing Department Store expressed its dedication to developing more diversified consumer scenarios to enhance operational efficiency. Bailian Group's commercial spaces have leveraged the scarcity and uniqueness of the unveiling economy to continuously attract high-level brand-first stores, driving the consolidation of commercial district popularity and enhancing consumer market levels. Tibet Tourism has developed diverse tourism routes and experiential projects. Changbai Mountain Tourism has capitalized on its ice and snow resource advantages to empower the upgrading of the Changbai Mountain ice and snow tourism industry.

The Central Economic Work Conference has outlined plans for the real estate sector, focusing on sustaining efforts to stabilize the real estate market. Huafa Properties, guided by a strategy of seeking progress while maintaining stability, has set a benchmark of "technology and quality housing" to help establish a new development model in the real estate sector. Chengtou Holding has stated that the company plays a leading role in large-scale land development, urban renewal initiatives, and subsidized housing system construction. It will continue to fulfill its mission as a state-owned listed company.

The Central Economic Work Conference has emphasized the importance of strengthening basic research and tackling key core technologies, proactively planning for major technological projects, and conducting large-scale demonstrations of new technologies, products, and scenarios. Besides, initiatives such as the "AI +" campaign shall be implemented to nurture future industries. Currently, Tongwei has established a national-level enterprise technology center and two sub-centers. Shanghai Belling has stated that in recent years, the company has significantly enhanced independent innovation capabilities, increased R&D investment, and focused on developing businesses in the pan-industrial market and automotive electronics market.

Excerpted from Shanghai Securities News—www.cnstock.com on December 18, 2024

See full article at: https://www.cnstock.com/commonDetail/332678

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