The 5th session of awarding ceremony for the investor education work and the launching ceremony of the activity themed with “I’m a shareholder” in 2013 were held by the Shanghai Stock Exchange (SSE) recently. Among those attending the two ceremonies were the official of the Investor Protection Bureau of the China Securities Regulatory Commission (CSRC) and SSE Vice President Liu Shi’an.
Online voting, registration, and question solicitation of the activity above will be available for investors on March 18. They may vote for the SSE-listed companies which they most want to visit on the SSE’s investor education website.
It is learnt that there are three highlights in the SSE’s activity themed with “I’m a shareholder: small and medium-sized investors’ visits to listed companies”, which aims to urge investors to foster their awareness of being shareholders, improve their initiative in exercising shareholders’ rights, and advocate the concepts of rational investment and value investing.
The first highlight is the online general election. It will be the first activity in the world that generates the listed companies to be investigated and visited through small and medium-sized investors’ voting, and conducts online registration for on-site surveys. Investors may, with regard to hot issues on the market, vote for the SSE-listed companies to which they most want to pay a visit through the investor education website (http://edu.sse.com.cn). The listed companies to be investigated on the spot will be chosen according to the number of votes in the online general election, and the participants of on-site surveys will be selected from the investors who have participated in the voting.
The second highlight lies in the multi-channel interaction. Apart from facilitating face-to-face communication between investors and senior management members of listed companies, the SSE will also enable off-site investors to have real-time participation in the interaction with listed companies with the help of media including TV, Internet, and radio stations, thus enlarging the scope for participation on the part of investors and substantially improving their initiative in exercising shareholders’ rights.
The third highlight consists in its lasting influence. On the one hand, the SSE will launch multi-phases of activities to lead more investors to actually “go to” listed companies; on the other hand, after each of these activities, the SSE will send in-time and dynamic feedbacks of each visiting activity and interview to investors by continuously utilizing channels including member units’ business departments, websites, TV stations, and journals, with an aim to form a variety of derivative contents and services.
At the launching ceremony, Liu Shi’an said that as the protection for investors is critical to the reform, innovation, and perfection of the capital market, legal rights and interests of investors are expected to be protected through concerted efforts from all sides on the market. Besides, he put forward the following hopes: securities companies would fully explain about products and reveal relevant risks to their clients, strictly implement the investor suitability management, and provide individualized and diversified services; listed companies would further improve the investor relation management, constantly enhance their transparency, and rationalize their corporate governance; media would continue to build a good public atmosphere that facilitates the claims for shareholders’ rights and protection for investors; investors would further cultivate the consciousness of shareholders’ rights, and improve their professional knowledge and capability for judgment and self-protection.
As participants in the activity sponsored by the SSE in 2012 for small and medium-sized investors to visit listed companies, Wang Jianzhang, Secretary to Directorate of SAIC Motor Corporation Limited, and Zheng Yuping, Party Chief of NARI Technology Development Limited Company, said in their speeches that their companies attached great importance to the investor relation management and the protection work of investors, and their companies will continue to communicate with investors by various ways according to relevant rules and regulations.
In the recent years, the SSE has put great emphasis on the service work of investors. In terms of the building of systems, it has, based on the actual situation on the market, successively promulgated an array of regulatory documents related to the supervision on new shares, the investor relation management, dividend distribution, and other aspects, so as to consolidate the systematical foundation of investor-oriented services; in terms of building online communication platforms, among others, it has held the performance briefing of Chengdu B-Ray Media Co., Ltd. in 2012 and the cash dividend distribution briefing of Guizhou Changzhen Electrical Apparatus Co., Ltd. in 2012 by way of on-site and online synchronized interaction.
Moreover, the SSE also held the 5th session of awarding ceremony for the investor education work, which commended the securities companies making outstanding achievements in aspects including guidance for rational investment in 2012.