Message from the Beijing Stock Exchange: At the beginning of the “15th Five-Year Plan”, on the occasion of the publication of the Securities Times's “Set Sailing 2026” New Year's special issue, the Beijing Stock Exchange would like to extend its high respect and sincere wishes to all the colleagues at the Securities Times! As an authoritative news media recognized in the field of securities finance, the Securities Times is a witness, promoter, and disseminator of the construction and development of China's capital market. It plays an important role in conveying authoritative information, interpreting market policies, and gathering joint development efforts, and has contributed greatly to stabilizing the market and stabilizing expectations. Over a long period of time, the Securities Times has been providing strong support to the Beijing Stock Exchange and New Third Board market construction. It has always conveyed market voices from a professional perspective, forged consensus on reforms through in-depth analysis, and injected strong momentum into the high-quality development of the market. In 2025, the Securities Times organized a series of professional reports and in-depth interpretations around the Beijing Stock Exchange and the development results of the construction and development results of the New Third Board, hot topics of concern from various parties, and the business highlights of related entities. In particular, at important points such as the 4th anniversary of the establishment of the Beijing Stock Exchange, the 920 code switch, and the annual meeting of the Financial Street Forum, it planned and selected topics from multiple angles and organized communication through multiple channels, creating a good public opinion atmosphere. In 2026, we look forward to further strengthening cooperation with the Securities Times to jointly empower the development of the capital market. I hope the Securities Times will use its expertise to further promote the main theme of capital market reform and development, and create a new highland for reporting on China's capital market news! I wish the Securities Times the best!

Message from the Beijing Stock Exchange: At the beginning of the “15th Five-Year Plan”, on the occasion of the publication of the Securities Times's “Set Sailing 2026” New Year's special issue, the Beijing Stock Exchange would like to extend its high respect and sincere wishes to all the colleagues at the Securities Times! As an authoritative news media recognized in the field of securities finance, the Securities Times is a witness, promoter, and disseminator of the construction and development of China's capital market. It plays an important role in conveying authoritative information, interpreting market policies, and gathering joint development efforts, and has contributed greatly to stabilizing the market and stabilizing expectations. Over a long period of time, the Securities Times has been providing strong support to the Beijing Stock Exchange and New Third Board market construction. It has always conveyed market voices from a professional perspective, forged consensus on reforms through in-depth analysis, and injected strong momentum into the high-quality development of the market. In 2025, the Securities Times organized a series of professional reports and in-depth interpretations around the Beijing Stock Exchange and the development results of the construction and development results of the New Third Board, hot topics of concern from various parties, and the business highlights of related entities. In particular, at important points such as the 4th anniversary of the establishment of the Beijing Stock Exchange, the 920 code switch, and the annual meeting of the Financial Street Forum, it planned and selected topics from multiple angles and organized communication through multiple channels, creating a good public opinion atmosphere. In 2026, we look forward to further strengthening cooperation with the Securities Times to jointly empower the development of the capital market. I hope the Securities Times will use its expertise to further promote the main theme of capital market reform and development, and create a new highland for reporting on China's capital market news! I wish the Securities Times the best!