Core Viewpoint - The China Securities Regulatory Commission (CSRC) has drafted the "Regulations on the Supervision and Administration of Listed Companies (Public Consultation Draft)" to enhance corporate governance and is currently seeking public feedback [1] Group 1: Corporate Governance Structure - The draft specifies the basic structure of corporate governance for listed companies, detailing the provisions that should be included in the company’s articles of association [1] - It outlines the roles and functions of the shareholders' meeting, board of directors, audit committee, and independent directors [1] Group 2: Behavior of Directors and Senior Management - The draft clarifies the qualifications for directors and senior management, detailing their duties of loyalty and diligence, as well as the responsibilities of the board secretary [1] - It emphasizes the need for stronger incentives and constraints on directors and senior management [1] Group 3: Behavior of Controlling Shareholders and Actual Controllers - The draft provides detailed criteria for identifying controlling shareholders and actual controllers, prohibiting actions that harm the interests of listed companies, such as fund occupation and illegal guarantees [1] - It strictly regulates competition and related party transactions [1] Group 4: Protection of Shareholder Rights - The draft prohibits interference with shareholders' exercise of their statutory rights and regulates behaviors such as the transfer or waiver of voting rights, as well as the reduction of holdings by major shareholders and specific shareholders [1]
证监会:拟严禁控股股东、实际控制人实施资金占用、违规担保等损害上市公司利益的行为,规范大股东、特定股东减持等行为
Sou Hu Cai Jing·2025-12-05 10:52