证监会：上市公司必须扛起主体责任

Core Viewpoint - The China Securities Regulatory Commission (CSRC) aims to enhance institutional construction, optimize the structure of listed companies, and strengthen risk prevention and investor protection to boost investor confidence and trust [1] Group 1: Regulatory Focus - The CSRC emphasizes the importance of listed companies as the foundation of the capital market and has been implementing market-oriented and legal measures to strengthen oversight and purify the market environment [1] - The introduction of the new "National Nine Articles" and the "1+N" policy framework has reinforced the focus on risk prevention, stringent regulation, and promoting high-quality development [1] - The CSRC is committed to improving information disclosure and corporate governance, conducting special actions against financial fraud, and enhancing the foundational institutional framework [1] Group 2: Responsibilities of Listed Companies - Listed companies are seen as both the main bearers of high-quality development responsibilities and the largest beneficiaries of such developments [2] - Companies are urged to maintain honesty and integrity, ensuring that truthfulness is a fundamental requirement rather than an additional quality standard [2] - Effective corporate governance is highlighted as essential for long-term stability, with a focus on embedding governance awareness into corporate culture and ensuring accountability among executives [2] Group 3: Innovation and Investor Relations - Listed companies are encouraged to align with national strategies and market trends, fostering deep integration between technology, industry, and capital [2] - The importance of creating long-term returns for investors is emphasized, with companies urged to adopt an "investor-centric" approach and establish effective communication mechanisms [2] - The China Listed Companies Association is tasked with enhancing professional service quality, cultivating a healthy market ecosystem, and strengthening internal and external collaboration to promote high-quality development [2]