China Securities Regulatory Commission issues the legislative work plan for the year 2026.

Recently, the China Securities Regulatory Commission formulated the legislative work plan for 2026 in combination with regulatory practice and the focus of various market participants, making an overall deployment for the legislative work throughout the year. The China Securities Regulatory Commission will actively promote the issuance of various institutional documents in accordance with the legislative work plan, further strengthening institutional safeguards. In the "key projects to be issued within the year", revisions will be made to the "Administration Measures for the Securities Offering and Registration of Listed Companies" and the "Administration Measures for the Securities Offering and Registration of Listed Companies on the Beijing Stock Exchange" to optimize the refinancing examination and registration mechanism at the institutional rule level, focusing on improving convenience. The "Measures for the Supervision and Administration of Private Investment Funds" will be formulated to continuously improve the "1+N+X" system of private investment funds. Revisions will be made to the "Measures for the Operation and Management of Publicly Offered Securities Investment Funds" to deepen the reform of public funds. The "Measures for the Management of Equity Incentives and Employee Stock Ownership Plans of Listed Companies" will be formulated to promote the improvement of corporate governance of listed companies.