OREANDA-NEWS. December 27, 2013. MCC convened a Legal Knowledge Training Seminar on Investor Protection.

This seminar was hosted by the BOD Office and co-sponsored by the Legal & Contract Management Department in accordance with the relevant requirements put forward by China Securities Regulatory Commission (CSRC) and Beijing Securities Regulatory Bureau on the series of capital market activities in relation to the National Legal Advocacy Day on December 4, 2013, with the target to enhance the legal awareness on investor protection and strengthen the investor relations management. Lawyer Yi Jiansheng of Jiayuan Law Firm was recruited as the resource person, people from various departments of the headquarters participated in the seminar.

During the training, Lawyer Yi Jiansheng made a brief introduction to the current situation of investor rights protection of listed companies in China. Basing upon the related laws and regulations (such as the Corporation Law, the Working Guidelines for the Relationship Between Listed Companies and Investors, and the Administrative Measures on Information Disclosure by Listed Companies), the lawyer introduced the fundamental rights of investors, as well as the basic concept, the working content, the working principle and the main role of IRM (Investor Relations Management).

He also analyzed several typical cases on infringement of investors' rights and interests by the listed companies such as Guangxia (Yinchuan) Industry Co., Ltd. and Wanfu Biotechnology (Hunan) Agricultural Development Co., Ltd. In addition, Yi made a briefing on the new measures for investor protection as per the Comments concerning Further Promoting the Reform of New Stock Issuance System Issued by CSRC.

This seminar is deemed to be great helpful to enhance the legal awareness on investor protection among all the relevant departments in the headquarters, enable the various departments to get better understanding on the work of investor relationship, as well as further improve the operational competence of MCC in compliance with laws and regulations.