The primary market ushered in a new round of capital injections from A-share companies. According to the Securities Times reporter's incomplete statistics, from August 1 to October 7, a total of 262 A-share listed companies disclosed announcements with professional investment institutions to jointly invest, subscribe to fund shares, or participate in the establishment of industrial funds and private equity funds. There were more than 420 related announcements. Of these, 188 companies disclosed specific investment amounts, with a total pledge amount of about 15.6 billion yuan; the median investment amount was 40 million yuan, 47 companies invested more than 100 million yuan, and 7 companies invested 500 million yuan or more. Some companies did not disclose the amount, and the actual size should be higher than the above figure. In an interview with reporters, a director of a Shanghai listed company said that the “listed company+PE” model has always existed. Strictly speaking, it has formed three waves in the past. Feng Huang, partner of Shanghai Kaifeng Asset Management Co., Ltd., believes that the intensive deployment of the primary market by listed companies is the result of the resonance of the three factors of strategic transformation, capital cycle, and policy dividends. Amid the investment boom, some potential risks are worth being wary of.

The primary market ushered in a new round of capital injections from A-share companies. According to the Securities Times reporter's incomplete statistics, from August 1 to October 7, a total of 262 A-share listed companies disclosed announcements with professional investment institutions to jointly invest, subscribe to fund shares, or participate in the establishment of industrial funds and private equity funds. There were more than 420 related announcements. Of these, 188 companies disclosed specific investment amounts, with a total pledge amount of about 15.6 billion yuan; the median investment amount was 40 million yuan, 47 companies invested more than 100 million yuan, and 7 companies invested 500 million yuan or more. Some companies did not disclose the amount, and the actual size should be higher than the above figure. In an interview with reporters, a director of a Shanghai listed company said that the “listed company+PE” model has always existed. Strictly speaking, it has formed three waves in the past. Feng Huang, partner of Shanghai Kaifeng Asset Management Co., Ltd., believes that the intensive deployment of the primary market by listed companies is the result of the resonance of the three factors of strategic transformation, capital cycle, and policy dividends. Amid the investment boom, some potential risks are worth being wary of.