On the 29th, the State owned Assets Supervision and Administration Commission of Zhejiang Province, in conjunction with the Zhejiang Securities Regulatory Bureau, jointly held a collective performance briefing for Zhejiang state-owned holding listed companies in 2026, titled "Leading Zhejiang Province in the 15th Five Year Plan to Improve Energy and Open up a New Bureau - Looking at State owned Enterprises in Zhejiang Province". At the meeting, the responsible persons of four companies, namely Jinhua New Materials, Zhejiang New Energy, Jianghai Shares, and Steam Turbine Technology, respectively introduced the company's operating performance for 2025 and the performance for the first quarter of 2026. At the same time, they actively responded to investor concerns and conducted face-to-face interactive exchanges with professional investors, small and medium-sized investors, and media representatives. It is reported that the State owned Assets Supervision and Administration Commission of Zhejiang Province has held collective performance briefing sessions for state-owned listed companies for six consecutive years, gradually forming a normalized and standardized market communication mechanism. The collective performance briefing is not only an important stage to showcase the development blueprint of Zhejiang state-owned holding listed companies, deeply interpret business performance reports, and demonstrate the core values of the enterprise, but also a key carrier for efficient communication between state-owned enterprises, investors, and the market. In recent years, the State owned Assets Supervision and Administration Commission of Zhejiang Province has taken "new quality improvement" as the main line of work, continuously deepened the special action for high-quality development of state-owned holding listed companies, and fully played the important role of state-owned holding listed companies in scientific and technological innovation, industrial control, safety support, and other aspects. For example, taking the lead in introducing the market value management system for provincial state-owned holding listed companies in local state-owned assets supervision and administration commissions, guiding enterprises to strengthen market value management innovation, improve development quality, and create leading listed companies; Guide and promote state-owned holding listed companies and state-owned shareholders to increase their stock repurchase efforts, assist in the smooth operation of the capital market, and demonstrate the responsibility of state-owned assets and enterprises. As of April 27th, the number of state-owned listed companies in Zhejiang has increased to 79, with a total market value of approximately 1.28 trillion yuan, an increase of 23.13% from the end of 2024. Among them, Zhejiang Province's state-owned holding listed companies added 2 new companies last year, totaling 30, with a total market value of 609.9 billion yuan. The total assets of Zhejiang Province's listed companies accounted for nearly half of the proportion of provincial enterprises, and the total annual profits accounted for nearly 90% of the proportion of provincial enterprises, effectively playing the role of a pillar and ballast, reflecting the strategic orientation of gathering high-quality assets to listed companies. In 2026, the State owned Assets Supervision and Administration Commission of Zhejiang Province will further increase the cultivation and reserve of listing resources, focusing on promoting the listing and development of strategic emerging industries and high-quality enterprises that have laid out in key links of the industrial chain, supply chain, and mid to high end fields. For example, utilizing the platform of listed companies for specialized restructuring and integration, promoting the injection of high-quality industries, assets, and technological resources into listed companies, and building listed companies into important platforms for building modern industrial systems and developing new quality productivity. In addition, the State owned Assets Supervision and Administration Commission of Zhejiang Province will also guide and promote state-owned listed companies to carry out high-quality mergers and acquisitions around new technologies, new fields, and new tracks, opening up the "second growth curve"; Continuously exploring market value management, improving the market value management system of provincial state-owned holding listed companies guided by innovation, conducting market value management evaluations of listed companies, promoting the matching of investment value and intrinsic value of listed companies, and assisting in the high-quality development of Zhejiang's economy. (Looking into the New Era)