The Standing Committee of the National People's Congress of China will continue to review the draft corporate law amendments, including strengthening the governance of listed companies through bills, such as increasing the authority of the audit committee of the listed company.
According to the China News Agency, the 38th meeting of the 13th China National People's Congress Standing Committee will be held on Tuesday (December 27).The meeting will continue to review the draft corporate law amendments.
A spokesman for the Standing Committee of the National People's Congress of the National People's Congress on Monday (26th) in Beijing that according to opinions in various aspects, the second review draft of the revised draft of the Standing Committee meeting was submitted to four aspects.The main amendment is to strengthen the responsibility of shareholders 'capital capital, improve corporate governance, improve the rules of directors' responsibilities, and strengthen the governance of listed company.
The spokesman said that if the responsibility of strengthening the capital capital of the shareholders, if the shares of the loss of equity have not been transferred or canceled, the other shareholders shall pay the corresponding funding in accordance with the contribution ratio.Accelerating the expiration; if the shareholders transfer the equity of the non -payment period, the transfer person shall bear supplementary responsibilities for the contributions that have not been paid on schedule.
A spokesman said that as for the improvement of the company's governance and clarifying the company with more than 300 employees, in addition to the establishment of the board of supervisors in accordance with the law and the company's employee representatives, the members of the board of directors should have employee representatives.Companies with the authority of the board of supervisors can not set up the supervisory board or supervisor; the smaller limited liability company agrees with all the shareholders and may not have a supervisor.
Talking about the improvement of the responsibility of the directors, the spokesman said that it is clear that the directors and senior management personnel perform their duties and cause damage to others due to intentional or major negligence.Managers should also bear the liability for compensation.The company can insure liability insurance for directors.
In response to the governance of listed companies, a spokesman said that authorized the State Council's securities supervision and management agencies to stipulate the specific management methods of independent directors of listed companies; increase the authority of the audit committee of the listed company;, Holding the stock of the listed company; the listed company holding subsidiaries shall not obtain the shares of the listed company.
It is known that the 32nd meeting of the Standing Committee in December 2021 conducted a preliminary review of the draft amendments to the company.
