.jpg)
The 8th General Assembly of the Shanghai Stock Exchange (SSE) is held by way of regional explanation sessions and communication voting today. Members of the SSE leadership team will go to Shanghai, Shenzhen, Chongqing and Beijing to have face-to-face talks with 116 members from today. The General Assembly will make illustration on the working report of the SSE Board of Governors, the working report made by SSE President, the working report of the SSE Board of Supervisors, the financial budget and final settlement reports, and the revision to the SSE Constitution to the members. And it will have face-to-face talks with attending members, solicit their opinions and suggestions, and jointly promote the reform, development and construction of the SSE.
The SSE has made full and long-term preparation for the General Assembly. To give full play to the platform role of the General Assembly, the SSE has carried out a series of surveys before convening the General Assembly to carefully listen to the members' insights on the market regulation, member service and other aspects of the SSE. Since the convening of the 7th SSE General Assembly, the 4th SSE Board of Governors has earnestly fulfilled the decision-making responsibility according to the "Management Measure for Securities Exchanges" and the SSE Constitution by holding 7 regular sessions and 28 temporary meetings, which deliberated on 62 proposals and listened to 7 reports. And the special committees of the SSE Board of Governors have hold 9 meetings and made the most of their professional advantages to offer scientific instructions for the reform and innovation and stable development of the SSE.
Accord to the "Management Measure for Securities Exchanges", the General Assembly is the highest authority of the SSE, a membership stock exchange, and it is also an important platform for all the members to take part in the SSE market construction. To fully encourage the members to take part in the SSE's governance, the 4th SSE Board of Governors has kept strengthening its own building, united all the members for reaching consensuses, intensified the research and demonstration work, facilitated the improvement of various SSE systems and rules, and enhanced the institutional and standardized level of the SSE internal management since taking office over one year ago. Meanwhile, the SSE has actively responded to the members' appeals, kept improving the "SSE Member Management Rules" and other systems, strengthened the coordinated regulation training on members, timely interpreted regulatory policies and business rules to all the members, organized industry exchanges for members' compliance business, and further supported the members' investor education work.
Securities exchanges are major hubs and key platforms in the capital market; exchange members are major components of the hubs and platforms of the capital market; and the exchanges and their members form a community with a common future in the capital market, and they should work together and unit in a concerted effort. The SSE will continue to give full play to the hub and platform functions of the General Assembly, jointly improve the governance structure of the exchange with all the members, establish and perfect the working mechanism that the members put forward proposals at the General Assembly, the SSE Board of Governors deliberates on the proposals, and the exchange handles the proposals. In this way, the General Assembly will become an important channel for all the members to give advices and suggestions and promote all work items of the SSE Board of Governors and the exchange, so that all the member participate in the SSE market construction; the SSE will fully display the coordinated regulation role of the members to jointly build the frontline regulation defense, form concerted efforts on regulation and protect legitimate rights and interest of investors, thus building a healthy development environment for the capital market.
