凝聚解纷合力 提升中小投资者合法权益保护水平

Core Viewpoint - The article discusses the release of ten typical cases of diversified resolution of securities disputes by the Shanghai Financial Court and the China Securities Investor Services Center, aimed at protecting the rights of small and medium investors and promoting high-quality development of the capital market [4]. Group 1: Typical Cases and Their Significance - The ten cases highlight the importance of non-litigation dispute resolution mechanisms, emphasizing collaboration among courts, investor protection agencies, and mediation organizations to efficiently resolve collective disputes [4]. - The first case of special representative litigation in China showcases the court's commitment to holding companies accountable for securities fraud, resulting in a compensation of 285 million yuan for 7,195 eligible investors [7][8]. - The first case of a shareholder derivative lawsuit initiated by an investor protection agency demonstrates the effectiveness of holding key stakeholders accountable, leading to full compensation for the company’s losses [12]. Group 2: Innovative Resolution Mechanisms - The introduction of a comprehensive pre-litigation mediation commitment mechanism by the Shanghai Financial Court has significantly improved the efficiency of resolving disputes involving large private enterprises, achieving a 92% settlement rate [18]. - The use of a "demonstration judgment + professional mediation + judicial confirmation" mechanism in resolving disputes involving state-owned enterprises has resulted in a 98% settlement rate, showcasing the effectiveness of collaborative approaches [21]. - The integration of digital tools in resolving disputes involving delisted companies has led to an 85% resolution rate, balancing investor protection with the operational stability of companies [30]. Group 3: Cross-Regional Collaboration - The cross-regional collaboration in resolving disputes involving companies listed on the Sci-Tech Innovation Board has set a precedent for using demonstration mediation mechanisms, resulting in all 23 cases being resolved without entering litigation [23]. - The successful resolution of securities market manipulation disputes in the New Third Board through a dual-track mediation approach has established clear compensation rules and enhanced investor confidence [33].