As of March 15, 2026, a total of 98 A-share companies have released their 2025 annual reports, with 70 of these firms announcing plans to distribute cash dividends amounting to RMB 70.504 billion. Leading the pack, industry giants such as CATL have reported a remarkable 42.28% year-on-year surge in net profit. Meanwhile, high-quality enterprises operating in niche sectors, exemplified by Tinci Materials, have witnessed an extraordinary 181.43% spike in their earnings. Long-term capital providers, encompassing social security funds and Qualified Foreign Institutional Investors (QFIIs), demonstrate a marked preference for high-growth technology stocks. Illustratively, Shennan Circuits has experienced successive share acquisitions by social security funds, while JHT and Demingli have successfully garnered fresh foreign investments. The allocation of long-term capital is predominantly focused on companies boasting exceptional performance and riding the wave of upward industry trends. This strategic investment approach cultivates a beneficial cycle characterized by stable dividend payouts and the steady accumulation of long-term capital within the market.
