The recent meeting of heads of central enterprises made it clear that the quality and market value management of listed companies should be strengthened in 2026. This statement comes just one year after the publication of the State Assets Administration Commission's “Certain Opinions on Improving and Strengthening the Market Value Management of Listed Companies Controlled by Central Enterprises”. Over the past year, under continuous policy catalysis, market value management of central enterprises has been accelerating the transformation from regulatory requirements to enterprises' systematic actions and real money market commitments. Industry insiders believe that with the continuous improvement of the institutional system and the intensive implementation of measures such as buybacks to increase holdings, market value management has increasingly become an important comprehensive measure for measuring the effectiveness of state-owned enterprise reform, improving the efficiency of state-owned capital, and stabilizing capital market expectations. A new picture of state-owned enterprise reform centered on improving value creation capacity is unfolding at an accelerated pace.

The recent meeting of heads of central enterprises made it clear that the quality and market value management of listed companies should be strengthened in 2026. This statement comes just one year after the publication of the State Assets Administration Commission's “Certain Opinions on Improving and Strengthening the Market Value Management of Listed Companies Controlled by Central Enterprises”. Over the past year, under continuous policy catalysis, market value management of central enterprises has been accelerating the transformation from regulatory requirements to enterprises' systematic actions and real money market commitments. Industry insiders believe that with the continuous improvement of the institutional system and the intensive implementation of measures such as buybacks to increase holdings, market value management has increasingly become an important comprehensive measure for measuring the effectiveness of state-owned enterprise reform, improving the efficiency of state-owned capital, and stabilizing capital market expectations. A new picture of state-owned enterprise reform centered on improving value creation capacity is unfolding at an accelerated pace.