Our reporter Peng Jiang
This year's government work report proposed: "Promote the stable and healthy development of the capital market." Deputies to the National People's Congress and members of the Chinese People's Political Consultative Conference from the business community believe that further improving the quality of listed companies is the foundation for the stable and healthy development of the capital market.
"Improving the quality of listed companies will help create a standardized, transparent, open, dynamic and resilient capital market," said Li Yin, deputy to the National People's Congress and chairman of Harbin Jiuzhou Electric Co., Ltd.
"In October 2020, the State Council issued the "Opinions on Further Improving the Quality of Listed Companies" to systematically improve the quality of listed companies from the top-level design level." Wang Jing, member of the National Committee of the Chinese People's Political Consultative Conference and chairman of Newland Digital Technology Co., Ltd. believes that improving the quality of listed companies It is a systematic project that requires both internal and external efforts to jointly promote the high-quality development of China's capital market.
"For enterprises, the key is to standardize corporate governance and internal control, and improve the quality of information disclosure. Improve corporate governance systems and rules, improve corporate governance, and protect the legitimate rights and interests of companies and investors. Improve information transparency, enhance the pertinence of information disclosure and Effectiveness," said Li Yin representative.
"As a listed company, we need to promote the high-quality development of the company by focusing on the company's main business, standardizing corporate governance, strengthening corporate management, building continuous innovation capabilities, and taking on more social responsibilities. In the future, the company will focus on the corporate development strategy and focus on the main Industry, integrate industrial resources, strengthen platform construction, use capital as a link, strengthen organizational construction, encourage employees to start entrepreneurship and innovation, and promote the steady development of the company's business." Qiu Guanghe, deputy to the National People's Congress and chairman of Semir Clothing, said.
Member Wang Jing believes that, from the perspective of enterprises, the essence of improving the quality of the company is to "do it well".
First of all, the benefits must be good. Listed companies must stick to their main business, continue to optimize and strengthen their sub-sectors, and achieve industry-driven development.
Secondly, it is necessary to have good corporate governance capabilities, adhere to the bottom line of compliance governance of listed companies, continuously improve corporate transparency, improve the company's own digital governance capabilities, and insist on being responsible to the majority of investors.
In the end, there must be good room for growth. Enterprises should not only have industries that are better and stronger in stock, but also have new businesses that are continuously developed in increments.
"Listed companies should continue to develop new technologies, new products and new ecology based on the core competitiveness of the enterprise to increase profits and give back to the society." Wang Jing said.
The delegates also made recommendations to regulators.
Representative Li Yin believes that it is necessary to promote market-oriented mergers and acquisitions from the policy level, support listed companies to establish and improve long-term incentive mechanisms, explore the establishment of a long-term assessment mechanism for institutional investors, attract more medium and long-term funds into the market, and improve incentive and restraint mechanisms.
"On the basis of implementing the new securities law, it is necessary to strengthen and innovate supervision means and methods, improve the whole chain supervision mechanism before, during and after the event, and promote scientific supervision, classified supervision and precise supervision; Establish a disclosure system for various types of regulatory information, introduce market regulatory forces, continuously strengthen regulatory measures, and improve the quality of listed companies." Committee member Wang Jing suggested.