YICAI｜Over 80 New Industrial Acquisitions Disclosed on the SSE STAR Market since the Release of the "Eight Measures"

Translated from Yicai

Since the release of the "STAR Market Eight Measures", over 80 new industrial acquisitions have been disclosed on the SSE STAR Market, 17 of which are in the high-end equipment manufacturing industry, including 3 purchasing assets by issuance of shares.

At the same time, high-end equipment manufacturing enterprises on the SSE STAR Market make active response to the "Corporate Value and Return Enhancement" special action. Nearly 70% of companies participated in it, covering all constituent companies of SSE STAR 50 Index and SSE STAR 100 Index. Throughout 2024, 71 new repurchase plans were newly announced in the industry, with a total upper limit of repurchase amount of 5.17 billion yuan and an increase of over 30% year on year. There were 29 mid-term dividend-paying companies, with a total dividend amount of 5.5 billion yuan, hitting new highs both in number of companies and dividend amount.

In addition, according to the Preliminary Earnings Estimate for 2024, more than 60% of high-end equipment manufacturing enterprises on the SSE STAR Market achieved year-on-year growth in operating revenue, and nearly 80% of enterprises achieved revenue growth in the fourth quarter.

The above information is provided for reference purposes only and does not constitute investment advice.