[China Securities Regulatory Commission: Refined disclosure requirements Guide listed companies to pay small and medium-sized enterprises in a timely manner] September 14th, the State Council Information Office held a regular policy briefing on September 14 to introduce the work related to strengthening the management of the problem of payment difficulties for small and medium-sized enterprises. Guo Ruiming, director of the Department of Supervision of Listed Companies of the China Securities Regulatory Commission, said that as of At the end of April this year, among the listed companies in Shanghai and Shenzhen stock exchanges that disclosed their sustainability reports, more than 100 listed companies had disclosed information on equal treatment of small and medium-sized enterprises as required. At the same time, attention was also paid to the fact that a considerable number of listed companies were small and medium-sized enterprises and also faced payment collection problems. Guo Ruiming said that the next step for the China Securities Regulatory Commission will be to "work with both hands". On the one hand, it will refine disclosure requirements and guide listed companies to shorten their billing periods and make timely payments to small and medium-sized enterprises; on the other hand, they will increase visits to listed companies to help listed small and medium-sized enterprises solve payment collection problems and ease cash flow pressure.