Zhao Guofu, Deputy Director of the Shanghai Securities Regulatory Bureau, disclosed at a press conference that over 80% of companies listed on the STAR Market have unveiled action plans focused on "improving quality, enhancing efficiency, and emphasizing returns" over the past two years. Since the implementation of the "Eight Measures for the STAR Market" policy, nearly 200 firms have executed share repurchase and holding increase plans, amounting to a total of approximately 18 billion yuan. Moreover, over 370 companies have announced dividend plans for 2024, with an estimated aggregate dividend payout of nearly 39 billion yuan. Furthermore, the Shanghai Securities Regulatory Bureau has been diligently enhancing investor rights and interests protection. It has implemented comprehensive accountability measures for STAR Market companies and their actual controllers who are delisted due to violations of laws and regulations. The bureau has also collaborated with judicial organs and arbitration institutions to establish a diversified dispute resolution mechanism and launched securities arbitration pilot projects, aiming to elevate investor service quality through multiple channels. Looking ahead, the Shanghai Securities Regulatory Bureau will continue to advance the implementation of the "Eight Measures for the STAR Market" policy and deepen the reform of investment and financing in the capital market. These efforts are aimed at providing better support for the development of scientific and technological innovation and the emergence of new productive forces.