B · Normal
[The Shanghai Stock Exchange revised the "One-stop Guide for Board Secretaries" to clarify the qualifications for board secretaries, restrictions on concurrent appointments, transitional arrangements, etc.] On September 18, the China Securities Regulatory Commission's "Supervisory Rules for Board Secretaries of Listed Companies" and the Shanghai Stock Exchange's supporting revised self-regulatory rules were officially implemented on May 24 this year. The reporter learned that the Shanghai Stock Exchange has recently issued to all listed companies on the Shanghai Stock Exchange the "Comprehensive Understanding of the Duty Performance Rules of Board Secretaries of Listed Companies on the Shanghai Stock Exchange (2026 Revision)". This revision has further sorted out issues that have been frequently consulted by listed companies since the implementation of the new regulations, including the scope of responsibilities of board secretaries, qualifications, restrictions on concurrent appointments, transitional arrangements, etc., to help listed companies better understand and apply the rules. According to the new regulations, the transition period for the adjustment of the position of director secretary and part-time job is scheduled to December 31, 2027. At present, many listed companies have completed the adjustment of positions. The Shanghai Stock Exchange stated that it will continue to implement the new regulations on board secretaries, guide listed companies to make orderly adjustments to executive appointments during the transition period, and continue to promote the improvement of governance of listed companies. (Reporter Wang Yanlin)
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