Shanghai to complete First annual review

Shanghai Stock Exchange June 30 news, the Institute recently completed the first listed company board Secretary annual Assessment. In this annual assessment, in addition to 6 in the May 1 after the appointment of the listed companies, the secretary of the company, 858 listed companies in the Secretary of the 125 is excellent, 460 for good, 266 for qualified, 7 for unqualified.　　The SSE also carried out an examination of the outgoing dozens of secretaries. This is the first annual review of the Secretary of the Board of Directors in 2008, when the Shanghai Stock Exchange issued the management measures for the qualifications of board secretaries of listed companies and the examination methods of board secretaries of listed companies.　　SSE according to the Secretary of the annual performance report submitted, combined with the day-to-day supervision of the situation, and reference to the relevant regulatory authorities, according to a certain weight, the work of the Secretary for the evaluation, and finally form the assessment results. In this assessment, a very small number of listed companies Dong Secretary's examination results for unqualified, the main reasons include: dishonest behavior in the process of information disclosure, failure to be diligent and responsible for company information disclosure, low quality of company information disclosure, ineffective management of compliance, and frequent irregularities in the sale of shares by executives　　Failure to submit the annual report on the job on time. The Shanghai Stock Exchange said that in recent years, the quality and practice level of the listed companies in Shanghai were improving, which promoted the development of listed companies. SSE stressed that there are some differences between the audit results and the quality of information disclosure of listed companies. The examination of Dong's secret has taken more account of his own practice, and the quality of information disclosure of listed companies is influenced not only by the standards of Dong's secret practice, but also by the environment of the company, the integrity of senior executives and the internal control of the company. Therefore, the two cannot generalize. (Zhou Songlin)