As China's capital market enters the new year's earnings season, the curtain of annual report disclosure has been officially opened nationwide. Recently, the listed companies on the Science and Technology Innovation Board took the lead in posting the report card of the 202X year, and from the preliminary data, the overall performance of the Science and Technology Innovation Board showed a significant structural improvement trend.
According to statistics, the listed companies on the STAR Market will continue to maintain a steady growth momentum in 2024, and some of the high-tech and high-growth enterprises have achieved both revenue and profit growth under the guidance of the innovation-driven development strategy, showing strong resilience and development potential. This reflects the increasingly prominent role of the Science and Technology Innovation Board in supporting scientific and technological innovation and helping the high-quality development of the real economy.
It is worth noting that the performance differentiation of companies on the STAR Market is also relatively obvious. On the one hand, enterprises in the fields of semiconductors, biomedicine, and new energy have achieved strong performance growth by relying on breakthroughs in core technologies and market demand growth; On the other hand, some companies have slowed down their performance growth due to factors such as cyclical adjustment of the industry and intensified market competition. This structural change precisely reflects the normal operation of the market-oriented resource allocation function of the Science and Technology Innovation Board, as well as the screening efficiency of high-quality enterprises and projects.
At the same time, the requirements of the Science and Technology Innovation Board in terms of information disclosure transparency and authenticity of financial data have further improved the standard operation level of listed companies, and also provided the market with more accurate and detailed investment reference information. The launch of the annual report disclosure indicates that a new round of value mining and investment layout is about to begin.
The structural improvement in the performance of the STAR Market in the disclosure stage of the annual report in the new year is not only a concentrated display of the innovation and development achievements in the field of science and technology in the past year, but also injects more confidence into the future development of the capital market. In the process of deepening the supply-side structural reform of the financial sector and serving the overall development of the real economy, the Science and Technology Innovation Board will continue to play its unique and important role.