After two months of "losing" five generals, will the 18th National Issuance Examination Committee play the role of the "last generation Examination Committee"?

  Two more members bid farewell to the 18th Issuance Examination Committee.

On September 4, the China Securities Regulatory Commission disclosed two dismissal announcements issued in mid-August.

  The China Securities Regulatory Commission stated that Bai Jianlong no longer undertakes the relevant work of the Issuing Examination Committee due to work reasons.

Due to personal reasons, Dang Xiaoan submitted an application to the China Securities Regulatory Commission to resign as a member of the Issuing Examination Committee.

  Bai Jianlong was born in 1976, and his other identity is the Director of the Corporate Supervision Division of Yunnan Securities Regulatory Bureau.

Dang Xiaoan is an additional member and was born in 1975. His other identity is the partner of the Shanghai branch of Tianzhi International Accounting Firm (Special General Partnership) and the director of the audit department of the Shanghai branch.

  Prior to this, the China Securities Regulatory Commission issued an announcement on July 10 stating that Li Shiwei, Chen Guofei, and Guo Xudong, members of the 18th Issuance Examination Committee, no longer undertake the relevant work of the Issuance Examination Committee due to work reasons.

  Guo Xudong served as the chairman of the Issuance Examination Committee and the Deputy Director of the Issuance Supervision Department.

Chen Guofei was then the Director of the Corporate Division and the Director of the Regulatory Division of Shanxi Securities Regulatory Bureau.

Li Shiwei was then Director of the Corporate Supervision Division of Qingdao Securities Regulatory Bureau.

  In April 2019, the China Securities Regulatory Commission issued the "Announcement on the Appointment of the Eighteenth Session of the Issuance Review Committee of the China Securities Regulatory Commission", announcing the appointment of 21 members, including Bai Jianlong, Li Shiwei, Chen Guofei, and Guo Xudong, as well as Ma Zhe and Ma Zhe. Xiaoman, Liu Yunsong, Mu Peng, Li Chao, Li Hejin, Li Deyong, Shen Jie, Chen Tianji, Chen Helan, Zhou Hui, Zhou Haibin, Zhao Ying, Yao Xudong, Huang Zhenwu, Gong Kai, Pan Jianhong and other 17 people.

After that, the China Securities Regulatory Commission announced that it would add 23 members to the 18th Issuance Examination Committee, and Dang Xiaoan was one of them.

  After two months of "losing" five generals, will the 18th National Issuance Examination Committee play the role of the "last generation Examination Committee"?

This may depend on the pace of reform of the registration system between the main board and the small and medium-sized board.

  At present, under the background of the stable operation of the sci-tech innovation board registration system and the steady implementation of the GEM registration system, the supply of new shares in the A-share market is steadily increasing.

On September 3, the audit results of the 130th meeting of the 18th session of the China Securities Regulatory Commission in 2020 were announced. The meeting reviewed a total of 6 companies’ listing applications, 4 of which were approved and 2 were suspended for voting.

  As of the evening of September 4, the Science and Technology Innovation Board has inquired about 153 companies waiting to go to the meeting, 11 companies were voted at the Listing Committee meeting, 27 companies were submitted for registration, and 184 companies were disclosed for registration results. Including suspension and termination, a total of 430 companies have been accepted .

27 new GEM companies have been accepted, 266 have been inquired, 15 companies have been voted at the Listing Committee meeting, and 51 companies have been registered. A total of 368 companies have been accepted, including suspended and terminated companies.

  Author: Du Grief