The reporter learned from the Shanghai and Shenzhen Stock Exchanges that in order to implement the Three Year Action Plan for Promoting the Improvement of the Quality of Listed Companies (2022-2025) recently issued by the CSRC, the Shanghai Stock Exchange recently released the Three Year Action Plan for Promoting the Improvement of the Quality of Listed Companies in Shanghai Stock Exchange and the Three Year Action Plan for Comprehensive Services of Central Enterprises, Shenzhen Stock Exchange issued the Work Plan for Implementing lt; Promoting the Improvement of the Quality of Listed Companies in Three Years (2022-2025) gt; to make specific work arrangements for improving the quality of listed companies. (The picture shows the exterior of Shenzhen Stock Exchange) The Shanghai Stock Exchange said that the new round of three-year action plan, closely following the main line of serving the real economy, increased support and preference for scientific and technological innovation enterprises and high-end manufacturing industry, focused on the role of resolving the risks of listed companies in preventing the overall risks of the capital market, promoted the improvement of the market ecology with greater efforts, and constantly gathered the resultant force and consensus to improve the quality of listed companies. The specific contents of the three-year action plan issued by the Shanghai Stock Exchange mainly include the following aspects: at the level of controlling shareholders and actual controllers, it highlights the endogenous power of strengthening and stimulating governance; At the level of listed companies, we should give prominence to support and enhance scientific and technological innovation capabilities; At the level of self-discipline supervision, we should stick to the main responsibility of supervision; At the level of system guarantee, highlight the continuous improvement of the quality of rules; At the construction level of the science and technology innovation board, we should focus on maintaining the quality of science and technology innovation; At the level of ecological construction, we will focus on strengthening the synergy through deepening the supervision of the door opening office. The work plan issued by Shenzhen Stock Exchange this time clarifies the timetable, roadmap and mission statement for promoting the improvement of the quality of listed companies. Relevant persons in charge of Shenzhen Stock Exchange said that they would strive to further consolidate the high-quality development foundation of listed companies in Shenzhen Stock Exchange after three years of efforts, and promote the formation of a group of listed companies that actively serve the national strategy, have outstanding innovation ability, have standardized corporate governance, have long-term good business performance, continue to increase returns to investors, and actively perform their social responsibilities. The work plan issued by Shenzhen Stock Exchange mainly covers three aspects, namely, increasing the supply of systems to promote high-quality development, speeding up the quality and efficiency of supervision to promote high-quality development, and shaping the market ecology to promote high-quality development. Among them, in terms of increasing the supply of systems to promote high-quality development, SZSE will take the reform of the whole market registration system as a guide, optimize the conditions for the issuance and listing of the main board, highlight the characteristics of the blue chip market of the main board, speed up the improvement of the evaluation criteria for growth oriented innovation and entrepreneurship enterprises on the GEM, and enhance the inclusiveness of science and technology innovation enterprises. At the same time, it will increase the proportion of strategic emerging industry companies, study and improve equity incentive, refinancing, M&A and restructuring systems and mechanisms, and guide capital investment in areas consistent with national strategic needs and industrial policy guidance. (Liu Xinshe)