A large number of listed companies have become the leaders in the industry and regional economy. Among them, some outstanding figures active in the A-share market have been honored to become national people's congress deputies and members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), beginning to perform their duties of participating in government affairs.
Some comments suggest that in the economic field, these representatives and members from listed companies certainly have a certain amount of speaking power, and may also influence decision-making. Their participation should play a certain role in revitalizing the economy, especially in their respective fields.
According to the ranking of the A-share market value of the companies where the representatives and members are located, compiled jointly by China Economic Weekly's think tank institution, China Economic Research Institute, and Wind Information, as of February 28, among the 2987 national people's congress deputies and 2267 CPPCC members, 156 general managers of A-share listed companies attended the meeting, including 111 representatives and 45 members. Due to their familiarity with the economic field, many representatives and members from listed companies will propose opinions and suggestions related to their respective fields, hoping to make contributions under this year's "stable growth" tone. In addition, quite a few H-share companies listed in Hong Kong also have their general managers become representatives or members. This includes heavyweight figures such as Yang Kaisheng,行长of Industrial and Commercial Bank of China, Ma Mingzhe, chairman of Ping An of China, and Li Shaode, chairman of China Shipping Group, whose subsidiaries China Shipping Container Lines and China Shipping Development are simultaneously listed in Hong Kong.
An analyst pointed out that the large presence of responsible persons from listed companies among the representatives and members on one hand shows the increasingly evident supporting role of the capital market in the national economy; on the other hand, it is also beneficial for the National People's Congress, as the highest organ of state power, to make major decisions in this relatively professional field with more authority and relevance.
According to the A-share market value calculation on February 27, the total market value of the 155 companies where these 156 representatives and members are located reached 6,398.319 billion yuan. According to the total market value of the Shanghai and Shenzhen stock markets being 27.89 trillion yuan on February 27, the total market value of these 155 listed companies accounts for 22.6% of the total market value of the two markets.
Among these 155 listed companies, they involve fields such as finance, non-ferrous metals, coal, medicine, oil and petrochemicals, media, and technology. Among them, Wu Yijian, chairman of ST Jinhua, and Zhang Xueyang, chairman of ST Jinglun, are the only two members of the [ST family] who are members of the CPPCC.
Compared with last year's two sessions, there has been a significant change in the top ten rankings of market value in this session. Agricultural Bank replaced China Life Insurance to rank second. Newly added Datong-Qinhuangdao Railway and Sany Heavy Industry ranked ninth and tenth respectively. In addition, Jiangxi Copper and Air China, which entered the top ten last year, fell out of the top ten.
In addition, there are 11 companies with a market value exceeding 100 billion yuan, namely Industrial and Commercial Bank of China, Agricultural Bank of China, Ping An of China, China Merchants Bank, Shanghai Pudong Development Bank, SAIC Motor Corporation, Minsheng Bank, Everbright Bank, Datong-Qinhuangdao Railway, Sany Heavy Industry, and China Unicom. Among them, Industrial and Commercial Bank of China ranks first with 1.5 trillion yuan. There are 11 companies with a market value between 50 billion and 100 billion yuan; 51 companies with a market value between 10 billion and 50 billion yuan; and 83 companies with a market value below 10 billion yuan.
According to statistics from China Economic Weekly, according to the A-share market value calculation on February 27, the total personal holding market value of listed company bosses among the representatives and members of the two sessions reached 41.3 billion yuan. Among them, 59 "top bosses" of listed companies hold shares in the national people's congress deputies, with a total value of 15.5 billion yuan. Among the national CPPCC members, 15 responsible persons of listed companies hold shares, with a total value of 25.8 billion yuan.
Among them, Zhang Jindong, chairman of Suning Appliances and a member of the National Committee of the CPPCC, ranks first with a personal holding market value of 18.21 billion yuan; Liu Gexin, chairman of Kelun Pharmaceutical and a member of the National Committee of the CPPCC, ranks second with a personal holding market value of 5.61 billion yuan; and Geng Jianming, chairman of Rongsheng Development and a national people's congress deputy, ranks third with a personal holding market value of 2.69 billion yuan.