On November 14, SZSE held the 2020 Members’ General Meeting. Mr. Li Chao, Vice Chairman of China Securities Regulatory Commission (CSRC) attended and addressed the Meeting. SZSE Chairman Wang Jianjun hosted the Meeting, and 119 members’ representatives, persons in charge of relevant departments and units of the CSRC system, and leadership and relevant department heads of SZSE attended the Meeting.
The Meeting strictly implemented regular pandemic prevention and control requirements, made adequate preparations, and demonstrated pragmatism and efficiency. All members carefully deliberated on relevant topics, prudently excised voting rights, seriously supervised counting of votes and actively put forward suggestions, ensuring the Meeting was held with high quality. The Meeting reviewed and adopted relevant work reports, and elected members of the 5th Board of Directors and the 3rd Board of Supervisors. The successful holding of the Meeting is an important measure of SZSE and its members to implement in depth the guiding principles of the Fifth Plenary Session of the 19th CPC Central Committee and improve the exchange’s modernization of governance system and governance capability. It is of great significance to further consolidate and refine the mechanism for regular holding of members’ general meeting and enhance the synergy between SZSE and its members to jointly build a quality innovation capital center and world-class exchange.
In his address, CSRC Vice Chairman Li Chao fully affirmed the work conducted and efforts made by SZSE and all its members in promoting reform, development and stability of the capital market. He pointed out that at the Listing Ceremony of the First Group of Enterprises under the Reform of the ChiNext Board and the Pilot Project of the Registration-Based IPO System, Vice Premier Liu He proposed building SZSE into a quality innovation capital center and world-class exchange, which clearly set a new goal for SZSE’s reform and development and charted a new positioning. CSRC will, as always, support SZSE in speeding up reform and opening up and advancing innovation-oriented development in a bid to accomplish this important mission. SZSE should place supporting technological innovation in a more prominent position, strengthen formulation of basic systems, improve market inclusiveness, and enrich supply of investment and financing products. SZSE should also give full play to the function of the ChiNext Board of serving growth enterprises, innovative companies and startups, facilitate the improvement of quality of listed companies, and accelerate the building of a quality innovation capital center and world-class exchange. Members of the exchange are the backbone forces to ensure reform, development and stability of the capital market and are important shapers of market ecosystem. Mr. Li hoped that all members would improve political stance, cherish the historical opportunity, consciously serve national development, and join the course of deepening the reform of the capital market in all respects. He also asked them to continue to do well in their main business without distraction, stick to work ethics, improve professionalism, enhance core competitiveness and be good “gatekeepers” of the capital market.
It was pointed out at the Meeting that SZSE is an all members’ exchange and building a quality innovation capital center and world-class exchange is a responsibility shared by all members. SZSE should follow Xi Jinping’s Thought on Socialism with Chinese Characteristics for a New Era as the guidance, and implement in depth General Secretary Xi Jinping’s important instructions and guidelines for the capital market and important decisions and plans of the CPC Central Committee and the State Council. SZSE should actively practice the principles of “system building, non-intervention, and zero tolerance” and the working requirements of standing in awe of the market, rule of law, professionalism and risks and pooling the efforts of all sides for the capital market’s development, continue to rely on, support and serve members, and go all out to build SZSE into a quality innovation capital center and world-class exchange with the trailblazer’s spirit and standard. The Meeting called on SZSE and all its members, standing at the historical intersection of achieving the Two Centenary Goals (to complete the building of a moderately prosperous society in all respects by the centenary of the Communist Party of China in 2021 and to build China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful by the centenary of the People’s Republic of China in 2049), to pool efforts and work hard to open up a new situation featuring joint contribution and shared benefits, and make contributions to build China into a modern socialist country in all respects and achieve the second Centenary Goal.