Recently, Shenzhen Stock Exchange organized two sections of Sponsors’ Continuous Supervision Training Course, which were attended by 720 people, including 520 sponsor representatives, 190 continuous supervision commissioners and other related persons from 57 sponsor institutions.
With the features of being systematic and targeted, the courses are specially organized after the issue of Guidelines for Sponsoring Work and Evaluation Measures for Sponsoring Work by SZSE. The courses are all-around and systematic training on the subjects of specific requirement of continuous supervision, rules on the listing of stocks, and standardized operation of listed companies. It is conductive to strengthening sponsor representatives’ and related persons’ awareness of the importance of continuous supervision, helping them to accurately comprehend the related regulations on the standardized operation and information disclosure of the listed companies, facilitating the sponsors and sponsor representatives to further give full play to the continuous supervision.
It is reported that SZSE launched Circular on Issue of SZSE’s Guidelines for Sponsoring Work on Listed Companies and Circular on Issue of SZSE’s Evaluation Measures for Sponsoring Work on Listed Companies on November, 2012. They are the revision to and improvement of the previous Guidelines for SME Board Sponsoring Work and Evaluation Measures for SME Board Sponsoring Work, expanding their reach to the main board of SZSE and ChiNext.
The relevant principal from SZSE indicated that SZSE has always been dedicated itself in probing the paths and methods for the improvement of continuous supervision’s quality, the professionalism of continuous supervisors, and the development of rules and regulations that guide sponsors and other intermediate to fulfill their duty. At present, most of the sponsors and sponsor representatives supervise the listed company in the light of the related regulations, contributing significantly to enhancing the quality and standardized operation of listed companies. They have done substantial works in the regard, including, energetically helping and supervising the companies to improve their related regulations, and assisting them with information disclosure, carrying out on-spot investigation, guiding the standardized operation of the listed companies, strictly supervising the use of the companies’ raised fund, being attentive to the companies’ decision making process. However, meanwhile, a few sponsors and sponsor representatives, who only assume presentable looks, fail to give real play to supervision. As the advancing of capital market’s market-driven reformative measures in the country, the sponsors, important participants of the market, shall assume greater responsibility. SZSE will further propel the sponsors to improve the quality of supervision works, and better serve the sound development of multi-layer capital market.