As an important entity to promote economic growth，listed companies should continuously strengthen the status of innovation subjects，become an important birthplace of original innovation and emerging technologies，and lead economic transformation and upgrading.This study takes 467 listed companies related to the digital economy from 2016 to 2020 as the research object，and analyzes the innovation level，industry and regional distribution of the digital economy.It was found that：the average innovation level of the digital economy of listed companies in Guangdong Province is higher than that of non-listed companies，about 2.7 times.Headquartered in Shenzhen，237 listed companies account for half of the province’s digital economy-related listed companies.In the major digital-economy industry，listed companies have obvious advantages in the digital element drive industry.In the middle digital-economy industry，listed companies have more advantages in information technology services and Internet-related services.In the small digital-economy industry，listed companies have a higher level of comprehensive innovation in the field of integrated circuit manufacturing and power electronic components manufacturing，and lag behind non-listed companies in the field of additive manufacturing equipment manufacturing and intelligent lighting equipment manufacturing.