Enhance investor confidence

Listed companies that participate in repurchase or significant shareholder increase generally express their hope to further maintain the company's 

stock price, stabilize market expectations, and enhance investor confidence through repurchase or shareholder increase.

Analysts at CITIC Securities (21.620, 0.44, 2.08%) believe that dividends, repurchases, and shareholder increases are important ways for listed companies

 to value shareholder returns and actively give back to investors. The current A-share market continues to fluctuate, and the trend of repurchase and 

shareholder increase has a positive impact on market sentiment and stock prices.

China Merchants Securities (13.910, 0.29, 2.13%) stated that large market value state-owned listed companies and their controlling shareholders are

 taking the lead in repurchasing and increasing their holdings, which is expected to serve as a benchmark and leading role in driving market 

expectations, leading more companies to carry out repurchases and shareholder increases, injecting incremental capital into the market, and boosting

 investor confidence.

Analysts from Guolian Securities (11.460, 0.43, 3.90%) found that the companies participating in repurchase are generally better than the market

 average in terms of cash stock, quality, and structure, and the median return on equity is also higher than the overall market level.

Listed companies have received strong policy support for conducting buybacks. The relevant person in charge of the China Securities Regulatory 

Commission previously stated that it encourages eligible listed companies to actively carry out repurchase, urges listed companies that have already 

issued repurchase plans to accelerate the implementation of repurchase plans, increase repurchase efforts, and timely transmit positive signals.