陈东征病逝！“是带领深交所走出绝境的人”

Core Viewpoint - The article commemorates the contributions of Chen Dongzheng, former Vice Chairman of the China Securities Regulatory Commission and former Chairman of the Shenzhen Stock Exchange, highlighting his pivotal role in the development of China's capital market over 17 years [1][3]. Group 1: Contributions to Shenzhen Stock Exchange - Chen Dongzheng led the Shenzhen Stock Exchange (SZSE) for 14 years, during which he navigated significant challenges, including the stalled launch of the Growth Enterprise Market and a three-year halt on new stock listings [4]. - Under his leadership, the SZSE proposed the establishment of the SME Board in 2002, focusing on serving small and medium-sized enterprises (SMEs) while adhering to existing market regulations [4][5]. - The SME Board was officially approved by the State Council in May 2004, addressing the financing difficulties faced by SMEs and contributing to China's economic development [5]. Group 2: Innovation and Market Development - Chen Dongzheng emphasized the importance of supporting the real economy through the capital market, particularly for SMEs and innovative enterprises [7][8]. - He organized the SME Financing Forum for nine consecutive years to foster dialogue and consensus on financing issues, which contributed to the successful launch of the ChiNext board in October 2009 [7]. - The ChiNext board has since become a hub for over a thousand high-tech companies, with a total market capitalization exceeding 13 trillion yuan [7]. Group 3: Regulatory Approach and Market Balance - Chen Dongzheng advocated for a balanced regulatory approach, recognizing the need for transparency and market constraints rather than solely relying on administrative measures [10][11]. - He acknowledged the challenges faced by the ChiNext board, likening it to a child that requires nurturing and a conducive environment for growth [10]. - His leadership style combined firmness with empathy, aiming to enhance market transparency and regulatory effectiveness to foster a healthier capital market [11].