★北交所发布股份变动管理指引等业务规则

Group 1 - The Beijing Stock Exchange (BSE) has issued the "Guidelines for Continuous Supervision of Listed Companies No. 13 - Shareholding Change Management" to regulate shareholding changes by directors and senior management, ensuring compliance with regulatory requirements and protecting investor rights [1][2] - The guidelines consolidate various requirements related to shareholding changes, including notification obligations for share trading plans and disclosure of shareholding changes by directors and senior management [1][2] - Specific rules for major shareholders' shareholding increase behaviors have been established, requiring disclosure of shareholding increase announcements and plans for shareholders holding over 30% [2] Group 2 - The BSE has renamed and published the revised "Beijing Stock Exchange Stock Listing Rules," which will take effect immediately, aligning with the new Company Law and related regulations [3] - Transition arrangements for the new rules include a deadline of January 1, 2026, for listed companies to establish an audit committee within the board of directors, replacing the supervisory board [3][4] - The new Company Law, effective July 2024, aims to enhance corporate governance and investor protection, prompting the BSE to revise its listing rules accordingly [4]