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SZSE Holds the 2021 General Assembly

Date: 2021-05-25

 

To implement relevant requirements specified in the Measures on Administration of Securities Exchanges and the Charter of Shenzhen Stock Exchange, optimize the corporate governance structure of exchanges and strengthen governance by rule of law, SZSE held the 2021 General Assembly on May 24 in the off-site form. The General Assembly will last five days.

 

In recent years, SZSE has continuously refined the regular convening mechanism of the General Assembly and strengthened members’ initiative and convenience in participating in governance and exercising rights. Those efforts have been generally recognized and highly praised by members. To earnestly put in place the requirements on regular pandemic prevention and control, ensure security, improve efficiency and save cost, the Board of Directors of SZSE has decided to hold this year’s General Assembly in the off-site form. The General Assembly will deliberate on the reports on the work of SZSE’s Board of Directors, President & CEO and Board of Supervisors, as well as financial budget report and financial statements. Representatives attending the General Assembly will review materials, cast votes and give suggestions via the “2021 General Assembly” feature in the member services section on the official website of SZSE.

 

Since 2020, SZSE has firmly carried out the major decisions and plans of the CPC Central Committee and the State Council and followed the general principle of pursuing progress while ensuring stability. We have practiced the principles of “system building, non-intervention, and zero tolerance” and the requirements of “standing in awe of the market, rule of law, professionalism and risks and pooling the efforts of all sides to develop the capital market”, and we have striven to be “open-minded, transparent, honest and impartial”. According to the resolutions of the General Assembly, we have, together with members, steadily advanced a number of key tasks. They include the ChiNext Board reform and the pilot project of the registration-based IPO system, the merger of the SZSE Main Board and SME Board, the pilot project of comprehensive reform of the Pilot Demonstration Area of Socialism with Chinese Characteristics, pandemic prevention and control, supporting economic and social development, etc. We have spared no effort to tackle difficult problems in reforms and actively responded to market changes. While serving the real economy, we have supported the development of Guangdong-Hong Kong-Macao Greater Bay Area and the Pilot Demonstration Area of Socialism with Chinese Characteristics. We have also improved the quality and efficiency of regulation, forestalled risk in key fields and maintained market order. Positive achievements have been made in all aspects of work.

 

2021 is the first year of the 14th Five-year Plan period, the start of a new journey to build China into a modern socialist country in all respects, and the 100th anniversary of the founding of the CPC. SZSE will, guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, implement in depth the guiding principles of General Secretary Xi Jinping’s series important instructions on the capital market, and of the Fifth Plenary Session of the 19th CPC Central Committee and the Central Economic Working Conference. We will understand the new development stage correctly, fully apply the new development philosophy, and actively foster the new development pattern. Following the fundamental goal of building a “capital market that is standard, transparent, open, dynamic and resilient”, we will, according to the plans and requirements of China Securities Regulatory Commission, continue to work with members to form a synergy, forge ahead and undertake missions. We will strive to build ourselves into a quality innovation capital center and world-class exchange and give full play to the role as a hub of the capital market, so as to better serve high-quality economic development and celebrate the 100th anniversary of the founding of the CPC.