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Shang Fulin: Gem Supports The Development Of Strategic Emerging Industries

2011/1/10 16:16:00 40

On January 8th, Shang Fulin, chairman of the China Securities Regulatory Commission, said at the fifteenth China capital market forum, the gem.

market

At present and in the coming period, we will take greater efforts to support the development of independent innovation and strategic emerging industries. The key supporting industries include energy conservation, environmental protection, information technology, biotechnology, high-end equipment manufacturing, new energy and new materials.

Shang Fulin said that China's growth enterprise market was built as a starting point and a foothold for the development of the market from the beginning of its establishment.

In the future, we will give full play to the role of the gem expert advisory committee, further implement the key orientation of the growth enterprise market, promote the growth of innovative enterprises, accelerate the cultivation and development of strategic emerging industries, and actively play the role of gem in promoting economic structural adjustment and pformation of development mode.

Shang Fulin pointed out that in order to continue to strengthen the capital market and the basic system construction of the GEM market, the SFC will strengthen its construction in four aspects:

First, we should strengthen the positioning of the growth enterprise market and support greater efforts to support the development of independent innovation and strategic emerging industries.

Two, we should improve the rules of the GEM market system, promote the continuous development of GEM companies, and improve the issuance audit of gem.

mechanism

To improve the quality and effectiveness of audit.

steadily

Expand the market scale.

We should make full use of China's main board market and international experience to study and formulate refinancing methods for listed companies on GEM, set up a financing mechanism that is suitable for the gem, and provide convenient and efficient financing mechanism. We should actively explore the delisting system of GEM companies and give full play to the market's survival of the fittest.

Three, we should improve the internal restraining mechanism of the market, further promote the responsibility of the intermediary agencies, strengthen the daily supervision of the sponsor institutions, intensify on-site inspections, urge the sponsors, law firms and other intermediary agencies to work diligently, conscientiously fulfill their responsibilities, and constantly improve the level and quality.

It is necessary to push the inquiry objects to play professional institutions, prudently and rationally pricing, and rationally guide market expectations.

Four, we should continue to increase supervision and protect the legitimate rights and interests of investors.

Adhere to strict supervision, promote the issuer to disclose information and risk to investors in a true, accurate, complete and timely manner, guide and urge the enterprise to strengthen the construction of the governance mechanism, improve the standard operation level, maintain the legitimate rights and interests of the shareholders, and maintain the high pressure situation of the illegal activities and maintain the normal order of the GEM market.