SZSE held the 27th board meeting yesterday, which summarized the work in 1st half 2008 and made plans for the 2nd half. Proposals including the 2007 financial resolution, the 2007 profit distribution, and the 2008 financial budget were also passed. The board reviewed the work reports on operation safety and earthquake relief contributions, and gave instructions to member parties on further enhancement of safe and steady operations.
The meeting emphasized that 2008 as the first year after the 17th National Congress witnesses deepening implementation of the national strategy of industrial innovation and steady development of the capital market. Faced with challenges in market regulation and safety maintenance in the 2nd half of 2008, SZSE will continue its efforts on the construction of a multi-layer market based on the SME Board and the GEM. As securities companies directly serve investors, the board has sent proposals on further enhancement of safety and steady operation to securities company members to formulate closer cooperation modals.
The meeting also passed proposals for adjustment of some board directors.