From the semi annual report of listed companies, listed companies do enjoy the policy dividend brought by tax reduction and fee reduction. For example, on August 7, Meili technology released a semi annual report that in the first half of the year, the company realized a net profit of 15.3583 million yuan attributable to the shareholders of the listed company, with a year-on-year increase of 1.56%, and the net profit attributable to the shareholders of the listed company after deducting the non recurring profit and loss was 12.7767 million yuan, year-on-year 21%. On August 8, best released a half year report, saying that in the first half of the year, the company achieved operating income of 366.1796 million yuan, up 0.33% year-on-year; the net profit attributable to shareholders of listed companies was 62.8849 million yuan, down 13.26% year-on-year. In the first half of 2020, in order to stabilize the domestic automobile market, tax reduction and other policies have been continuously implemented, which is one of the main performance driving factors.
Tax reduction and fee reduction can reduce the tax burden of companies and reduce the operating costs of enterprises. It can not only boost the performance of listed companies and enhance their ability to resist risks, but also boost the confidence of listed companies to increase research and development. Guo Yiming, chief investment consultant of Jufeng investment consulting, told the reporter of Securities Daily.
Cui Zhijuan said that the uncertainty of global economic development this year has a great impact on industries and enterprises. Tax reduction and fee reduction, especially the additional deduction of R & D expenses, create conditions for enterprises to cope with uncertainty, play a counter cyclical regulatory role, and provide financial support for enterprises R & D investment. At the same time, the growth of R & D investment will enhance listed companies response to domestic and international competition or emergencies In order to promote the formation of a virtuous circle, the core competitiveness of listed companies should be enhanced.
Source of this article: Yang Qian, editor in charge of Securities Daily_ NF4425