CSRC: Makes clear requirements on market value management, cash dividends, share buybacks, etc., promoting listed companies to enhance investment value and strengthen awareness of returning to investors.

According to the Zhixin Finance APP, on December 5th, the China Securities Regulatory Commission publicly solicited opinions on the "Regulations on the Supervision and Administration of Listed Companies (Draft for Public Comment)". It mentioned strengthening investor protection, making clear requirements for market value management, cash dividends, share repurchases, etc., and promoting listed companies to enhance investment value and strengthen investor awareness. It also specified arrangements for investor protection in voluntary delisting, to prevent listed companies from avoiding delisting and harming investor interests through bankruptcy reorganization.