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Shenzhen Stock Exchange Holds The 8th Training Class For Board Secretaries Of SME Board Listed Companies

Date 22/12/2010

In order to further enhance the information disclosure level of SME listed companies, strengthen the awareness of listed companies relating to the honest and regulated operations, the SZSE recently held the eighth training class for the board secretary of SME listed companies. Nearly 555 people, the board secretaries and securities representatives coming from about 300 listed companies, took part in the training. Song Liping, the SZSE general manager, Zhang Ying, the SZSE deputy general manager, a few officials from the Regulatory Department of the Listed Companies of the CSRC attended the opening ceremony.

The training class is the first to be conducted in the combination of distance training of real time online broadcasting and on-the-spot training. The training class has broken through the traditional way. The training includes the merger and acquisition of listed companies, refinancing, stock option incentive policies, rules for information disclosure in respect of SME board and the code of conducts of directors, supervisors and controlling shareholders and de facto controllers, and so forth.

At the opening ceremony, Ms. Song noted that up to Dec. 21, there are 524 small-medium sized listed companies. More SMEs there are, more demands there are for diversified training. At the same time, Ms. Song also emphasized that under the fast changing market situations, the listed companies shall stick to the bottom line of the information disclosure truthfulness, and the listed companies shall intensify the legal awareness and ethics restrictions, practically perform the duties and guarantee the regulated operation of listed companies.

It is reported that the way of combining the on-the-spot training and distance training for the training class provides the convenience for relevant persons of listed companies to attend the training, save the cost and social resources for listed companies, receiving the common welcome and good comment from listed companies.