SSE Operating Performance in 2020

On Apr. 30, SSE reviewed main board, STAR market performance.

  • SSE updated on the operating performance of the SSE main board and STAR market.
  • Main Board
  • In 2020, performance stabilized and rebounded, with 90% of companies profitable.
  • Basic necessities and equipment manufacturing industries maintain rapid growth, while cultural, travel, accommodation, transportation, mining are experiencing difficulties.
  • Direct financing and R&D investment have increased, and cash dividends remain high.
  • Tax reduction and fee reduction policies have proven to be effective, see #78673.
  • The effect of the new delisting regulations are beginning to show, see #93264.
  • The first quarter of 2021 has had a good start, and recovery momentum is stable.
  • STAR Market
  • Overall performance has grown steadily, and the quality of profit has been improved.
  • Leading companies are growing steadily, and the market’s core power is prominent.
  • Specialized businesses are performing well with facilitation of innovation, development.
  • Investor relationship management has improved, with strengthened communication.

Regulators SSE
Entity Types Corp; Exch
Reference PR 4/30/2021
Functions Financial; Operations; Reporting; Research
Countries China
Products Corporate; Equity; Securities
Regions AP
Rule Type Guidance
Rule Date 4/30/2021
Effective Date 4/30/2021
Rule Id 104319
Linked to N/A
Reg. Last Update 4/30/2021
Report Section International

Last substantive update on 05/03/2021