Zhongxin Finance, April 9th, according to the official website of the China Securities Regulatory Commission, on the 9th, Yi Huiman, chairman of the China Securities Regulatory Commission, said in his speech at the third member congress of the Association of Listed Companies that high debt and high leverage are one of the biggest risk sources for companies. , enterprises should improve their ability to resist risks.
Yi Huiman emphasized that the development capability of an enterprise is largely constrained by its risk control capability.
Listed companies should work hard to cultivate their internal skills, combine the entrepreneurial spirit of being brave to innovate and dare to innovate with the construction of risk prevention mechanisms, and continuously enhance the company's resilience.
High debt and high leverage are one of the biggest risk sources for enterprises. Some listed companies and major shareholders increase their leverage through blind financing on and off the balance sheet, on- and off-site, and in local and foreign currencies. Risks break out and they are in a difficult situation. The lessons are very profound and must be learn a lesson.
He said that the China Securities Regulatory Commission will further improve risk monitoring and identification capabilities, promote information sharing, and identify emerging and trending problems early.
At the same time, improve the effective bond financing restraint mechanism, strengthen the consistent supervision of the stock pledge financing business on and off the market, support listed companies to stabilize leverage and resolve risks through restructuring and reorganization, and promote the steady development of listed companies.
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