Thursday, December 23, 2010

25 Shanghai listed companies included in the list of key state share reform.

<P Align=left> </ P> <P> Shanghai has 25 listed companies were included in the list of key state share reform. .Yesterday, the Shanghai Municipal Government held a forum on the split share structure reform, the meeting to convey the work of implementing the spirit of the forum state share reform, it also revealed that an important message. .The meeting also concluded the first phase of the work of the Shanghai stock reform, and to further clarify the responsibilities, objectives and tasks to accelerate the work of Shanghai share reform of listed companies. .Shanghai Municipal Committee, Deputy Mayor Feng Guoqing attended the meeting. .Feng Guoqing In his speech, from a strategic and overall high level of awareness on the state share reform and the strategic importance of Shanghai, standing on a higher level view and support the reform, share instead an opportunity to comprehensively promote the listed companies and capital markets .development, accelerate the construction of an international financial center. .He said that to understand the situation, the central strategic thinking into decision-making and the municipal government's work requirements up to ensure the realization of 1 years or so basically completed the split share reform objectives. .To clarify responsibilities, controlling shareholders and listed companies to share reform as the current focus of the work task, the implementation of staff and departments, to promote, conditional to speed up change, the conditions to create the conditions for being immature to speed up implementation, and must not in any .an excuse to slow down the pace of reform, reform of the timing delay. .To strengthen guidance and implementation of the priority, according to the timing point to an area to promote the share reform, to ensure the work of the share reform sustainable, healthy and orderly manner. .</ P> <P> Feng Guoqing also stressed that the share reform in all aspects of the work forward, we must carefully guard against legal risks and moral hazard, a serious discipline, according to the requirements of information disclosure, and resolutely put an end to insider trading and market manipulation. .</ P> <P> May of this year, the split share structure reform launched, the Shanghai municipal government attached great importance to national strategic plan, the CSRC, SASAC and other national authorities with the support of positive .with the good work. .As of November 14, Shanghai 43 companies have completed or announced share reform program, reform the country's total 263 shares of the company's 16%, ranked first in absolute number. .</ P> <P> It is reported that the list of key state share reform companies are now scheduled. .39 central enterprises controlled by the focus of the company responsible for promoting the SASAC; 11 135 key areas of focus of the company responsible for promoting the local government. .Among them, Shanghai has 25 listed companies were included in the list of key state share reform. .</ P>.

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