More than 100 companies on the Sci-Tech Innovation Board have consecutively disclosed their "Quality Improvement, Efficiency Enhancement, and Return" action plans for three years. A total of 93 companies have distributed dividends exceeding 14.7 billion yuan.

China Securities Journal China Securities Network reported (Reporter He Xinyi). According to statistics, as of April 2, a total of 123 Sci-Tech Innovation Board (STAR Market) companies have simultaneously released their 2026 “quality improvement, efficiency enhancement, and return to investors” action plans. 103 companies, including Cambricon and Venus Information, have participated for three consecutive years.

Based on the disclosure situation, the plans released by the relevant companies have many highlights. Investors’ commitment to returning value is strong. For example, Venus Information plans that over the next five years, dividends will be no less than 40%. They continue to demonstrate the attributes of hard technology. For instance, Aidos Lianke plans that in 2026, its R&D spending will account for no less than 20% of its share. Tsinghuat? Tech disclosed its main product R&D plans for 2026 in areas such as memory interconnect. They also meet the requirements of the “Eight Provisions for the STAR Market” and the “Six Provisions for M&A.” For example, Pu Yuan Jing Dian disclosed that it has completed effective integration of the acquisition target, Naisu Electronics, and the target company’s performance continues to grow.

At the same time, the level of investor returns from STAR Market companies continues to improve. 93 companies combined for cash dividends of RMB 14.74 billion, up 6.8% year over year. Of these, 16 companies plan to issue shares for transfer (stock dividend). Among them, 73 companies have dividend payout ratios higher than 30%.