The 3rd General Meeting of the Chinese Enterprises State-Owned Equity Exchanges Association was held at Beijing Tibet Hotel on February 24 and 25, 2016. The main tasks of the meeting included: first, reporting and deliberating on the works done after the 2nd general meeting; second, deliberating on the development plan of the association during the 13th Five-Year Plan period; third, modifying the articles of association; fourth, electing the new session of the board of directors, executive council, chairman, vice chairmen and secretary-general; fifth, deliberating on the financial report and the membership fee standard adjustment plan. The general meeting elected the third session organization of the association, i.e. the third session of the board of directors.
The general meeting adopted the Development Plan for the National Equity Transaction Industry in the 13th Five-Year Plan Period (the Plan for short). The Plan sets forth the development guiding ideas, goals and tasks of the equity transaction industry in the 13th Five-Year Plan period. The development guiding ideas are as follows: fully implementing the spirits of the 18th National Congress of the CPC, the 3rd Plenary Session, the 4th Plenary Session and the 5th Plenary Session of the Central Committee of the CPC, following the guidance of the development concepts of “innovation, coordination, green, opening-up and co-sharing”, earnestly implementing the deployment of the State-owned Assets Supervision and Administration Commission of the State Council, adhering to the industrial development concepts of “standardization, innovation, cooperation and self-discipline”, vigorously promoting construction of the standardized, functional and innovative equity transaction industry and equity transaction market, forging a sunshine platform for orderly circulation of property rights, creditors’ rights, equity and intellectual properties, serving the state-owned assets and state-owned enterprises reform, the mixed ownership economic development, and optimization of factors of production in a better way so as to contribute to value preservation and appreciation of state-owned assets, economic structure transform and upgrade and building a moderately prosperous society. The development goals include: first, significantly enhancing the control, influence and risk resistance capacity of state-owned assets transaction; second, the equity transaction industry should give full play to its support role to the public resource transaction platforms; third, building the non-listed non-public financial service industry into a new growth pole; fourth, building the national, regional, provincial equity transaction capital systems; fifth, building a unified and interconnected Internet information platform; sixth, building a standardized and self-disciplined market credit system with orderly competition; seventh, further improving the equity transaction talent quality; eighth, significantly improving democratization, marketization and internationalization of the association. The main tasks include: first, improving the operation mechanism and market function of the equity transaction institutions; second, deepening the industrial information integration service platform construction; third, participating in the construction of the unified national public resource transaction platform system; fourth, enhancing construction of professional talent teams; fifth, structuring a credit system of the equity transaction industry; and sixth, optimizing the operation mechanism and governance structure of the association.