Storyline: Nearly 60 percent of companies listed on the Shanghai, Shenzhen, and Beijing stock exchanges achieved revenue growth, with more than three-quarters reporting profits in the first half of 2025, data from the China Association for Public Companies (CAPCO) showed on Sunday. As of Sunday, 5,432 publicly traded companies had released their reports for the half. Data from the compiled reports showed that China's listed companies continued to improve their industrial structure, steadily consolidate internal growth momentum, and accelerate the development of new quality productive forces. In the first six months, listed companies on the three exchanges generated combined operating income of 35.01 trillion yuan (about 4.9 trillion U.S. dollars), up 0.16 percent year on year. The companies reported profits of 3 trillion yuan (about 420 billion) in the first half of 2025, up 2.54 percent year on year, according to the data. A total of 2,475 companies reported positive growth of net profits, and 1,943 companies reported growth in both revenue and profits, according to CAPCO. "The leading industries have significant profit advantages. Driven by both policies and funds, the industry concentration is accelerating. In the field of AI, hardware such as chips and optical modules, as well as application terminals, have seen coordinated development, driving the growth of the entire industrial chain," said Tian Lihui, head of the Institute of Finance and Development at north China's Nankai University. Notably, companies included in the ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, saw combined operating revenue surge by 9.03 percent year on year over the period, while those on the STAR Market rose by 4.9 percent, and those on the Beijing Stock Exchange grew by 6.08 percent, the data showed. "As the main battlefield for innovative small and medium-sized enterprises, the Beijing Stock Exchange has achieved a comprehensive restorative growth in performance compared to the middle of last year. It mainly focuses on industries such as high-end equipment manufacturing, new energy vehicles, and new materials, representing the future development trend of new quality productive forces," said Liu Ping'an, chairman of Beijing-based private fund manager GGR Capital. Shotlist: FILE: Shanghai, China - Date Unknown: 1. Aerial shots of cityscape Tianjin Municipality, north China - Recent: 2. SOUNDBITE (Chinese) Tian Lihui, head, Institute of Finance and Development, Nankai University (ending with shots 3-4): "The leading industries have significant profit advantages. Driven by both policies and funds, the industry concentration is accelerating. In the field of AI, hardware such as chips and optical modules, as well as application terminals, have seen coordinated development, driving the growth of the entire industrial chain." FILE: Shanghai, China - Date Unknown: 3. Various of sign of Shanghai Stock Exchange 4. Interior of Shanghai Stock Exchange building Beijing, China - Recent: 5. SOUNDBITE (Chinese) Liu Ping'an, chairman, Beijing-based private fund manager GGR Capital (ending with shot 6): "As the main battlefield for innovative small and medium-sized enterprises, the Beijing Stock Exchange has achieved a comprehensive restorative growth in performance compared to the middle of last year. It mainly focuses on industries such as high-end equipment manufacturing, new energy vehicles, and new materials, representing the future development trend of new quality productive forces." FILE: Beijing, China - Date Unknown: 6. Beijing Stock Exchange (BSE) facade 7. Various of sign, logo of Beijing Stock Exchange at listing review center FILE: Shenzhen City, Guangdong Province, south China - Date Unknown: 8. Various of sign of Shenzhen Stock Exchange FILE: Guangdong Province, south China - Date Unknown: 9. Aerial shots of cityscape. [Restrictions : No access Chinese mainland]