Economic Daily: The combination of stabilizing the market and boosting confidence in the development of the capital market According to a report by Golden Finance on July 22nd, the Economic Daily reported that in recent times, market volatility has intensified, and the technology sector has undergone a phase of adjustment, causing some investors to have doubts about the long-term trend of the market. Faced with market fluctuations, the China Securities Regulatory Commission held multiple symposiums for two consecutive days to timely convey signals of stable expectations. On July 20th, we mainly listened to the opinions and suggestions of investors; On July 21st, we listened to the opinions and suggestions of listed companies, industry institutions, and experts and scholars. Looking back at the key adjustment nodes of A-shares, the regulatory authorities have organized symposiums, which are important measures to stabilize market expectations and resolve market risks. The multiple symposiums held in the past two days have also released the firm determination of the regulatory authorities to stabilize the market. The reason for this round of market correction is generally believed to be mainly due to structural adjustments caused by external emotional disturbances, rather than economic fundamentals or industry trend reversals. The long-term positive trend of A-shares still has support. From the perspective of policy environment, the current development trend of China's economy is generally stable and moving towards a new and better direction. Since the release of the new "National Nine Measures", the overall ecology of the capital market has undergone profound changes, and the comprehensive reform effect of investment and financing continues to be released. The quality and investment value of listed companies have been effectively improved, and there is a solid foundation for maintaining the stable operation of the market. From the perspective of financial trends, various business entities are increasing their layout efforts against the trend with "real money and silver", playing a "combination punch" to stabilize the market, coordinating with multiple parties to stabilize the market, and conveying firm confidence in the development prospects of the capital market through practical actions. The recent intensive repurchases and increases in holdings will better safeguard the company's value and the interests of all shareholders. Compared to short-term market fluctuations, the actual operating performance of listed companies is an important criterion for measuring value and one of the answers to dispel market doubts. From the perspective of profit data, as of July 19th, among the 900 companies that have disclosed their performance forecasts in the Shenzhen Stock Exchange, the total net profit, calculated based on the average upper and lower limits of pre disclosed net profit, is about 230.736 billion yuan, a year-on-year increase of 147%.