On December 5, the Securities Regulatory Commission publicly solicited comments from the public on the draft “Regulations on the Supervision and Administration of Listed Companies”. Corporate governance has always been a key part of the supervision of listed companies, but from a practical point of view, the provisions of the “Securities Law” and “Company Law” are relatively principled, and a large number of requirements relating to the governance of listed companies focus on rules at the level of the Securities Regulatory Commission and the stock exchange. “For the first time, at the level of administrative regulations, the regulations set up a special chapter on the governance of listed companies as the focus of regulation, refining and supplementing the “Company Law” and “Securities Law”.” According to industry insiders, the regulations have improved the governance requirements of listed companies, regulated the governance structure and the actions of key minorities such as controlling shareholders, actual controllers, directors, and executives, promoting the effectiveness of governance and consolidating the foundation for the high-quality development of listed companies.

On December 5, the Securities Regulatory Commission publicly solicited comments from the public on the draft “Regulations on the Supervision and Administration of Listed Companies”. Corporate governance has always been a key part of the supervision of listed companies, but from a practical point of view, the provisions of the “Securities Law” and “Company Law” are relatively principled, and a large number of requirements relating to the governance of listed companies focus on rules at the level of the Securities Regulatory Commission and the stock exchange. “For the first time, at the level of administrative regulations, the regulations set up a special chapter on the governance of listed companies as the focus of regulation, refining and supplementing the “Company Law” and “Securities Law”.” According to industry insiders, the regulations have improved the governance requirements of listed companies, regulated the governance structure and the actions of key minorities such as controlling shareholders, actual controllers, directors, and executives, promoting the effectiveness of governance and consolidating the foundation for the high-quality development of listed companies.