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Minshen Shares Selected for "Excellent Practice Case" Award

Recently, the "Annual Report Performance Explanation Meeting Experience Exchange Meeting" for listed companies, hosted by the China Association of Listed Companies, was held in Beijing. The aim is to encourage listed companies to further promote and strengthen investor relations management and facilitate communication between listed companies and a wide range of investors.

 

Yan Qingmin, Vice Chairman of the China Securities Regulatory Commission In his speech at the meeting, he pointed out that improving the quality of information disclosure and optimizing the relationship between listed companies and investors should use the holding of performance explanation meetings as a breakthrough point to further address three aspects of the relationship. First, the relationship between performance explanation meetings and statutory information disclosure must be handled; second, the relationship between company decision-making and investor participation must be handled; and third, the relationship between the form and effectiveness of performance explanation meetings must be handled.

 

Peng Huagang, Member of the Party Committee and Secretary-General of the State-owned Assets Supervision and Administration Commission of the State Council indicated that performance explanation meetings should be used as a lever to promote positive interaction between listed companies and investors, focusing on strengthening the foundation, further improving the quality of listed companies; focusing on honing capabilities, using institutionalization, professionalization, diversification, and standardization as key points to deliver a "combination punch" of investor communication work; and focusing on strengthening collaboration to create a good atmosphere for investor communication work.

 

Six listed companies in Jiangsu Province won the "Best Practice Case" award, and 13 listed companies won the "Excellent Practice Case" award. Among them, Minxin Shares won the "Excellent Practice Case" award.

 

Data shows that, as of the end of June this year, the total number of listed companies in China reached 4,386, with a total market capitalization of approximately 86.37 trillion yuan, ranking second in the world in terms of market capitalization; in the first half of the year, the financing scale of the domestic stock market for non-financial enterprises reached 4955 billion yuan, which is more than double the increase compared with the same period last year in terms of its proportion of the newly added social financing scale.

 

Jiangsu Financial Hub, Public Account: Jiangsu Financial Hub The Experience Exchange Meeting on Annual Report Performance Explanation of Listed Companies was held in Beijing, and 19 listed companies from Jiangsu Province were selected as "Practice Cases"