In order to implement the "Guiding Opinions of the State Council on Piloting Preference Shares" (Guo Fa [2013] No. 46) and the "Opinions of the General Office of the State Council on Further Strengthening the Protection of the Legal Rights and Interests of Small and Medium-Sized Investors in the Capital Market" (Guo Banfa [2013] No. 110), the China Securities Regulatory Commission (CSRC) has initiated a comprehensive revision of nine key normative documents, including the "Guidelines for the Listing of Listed Companies." These updates aim to align with the "Priority Stock Pilot Management Measures," promote innovation, and ensure that small and medium-sized investors are better protected. The revised documents include the "Guidelines for the Constitution," the "Rules of the General Meeting of Listed Companies," the "Annual Reporting Guidelines," the "Semi-annual Reporting Guidelines," the "Quarterly Report Rules," the "Equity Change Report," the "Acquisition Report," the "Tender Offer Report," and the "Reorganization Documents." These revisions reflect a broader effort to modernize corporate governance and enhance transparency. According to a spokesperson from the CSRC, Deng Wei, the main objectives of the revisions are to streamline regulations and strengthen oversight. Key changes include clarifying the rights of preferred shareholders, refining voting mechanisms, and improving disclosure requirements. For instance, the updated "Guidelines for the Constitution" now specify that preferred shares must be clearly defined, and companies are required to outline conditions for issuing such shares in their articles of association. Additionally, the revised rules give preferred shareholders limited voting rights in certain major decisions, such as amendments to the company’s articles of association, significant reductions in capital, mergers, or the issuance of new preferred shares. If dividends are not paid for two consecutive years, preferred shareholders can regain voting rights until all unpaid dividends are settled. To enhance shareholder participation, the revised "Rules of the General Meeting" now require online voting options for shareholders when voting on matters related to preferred shares. This move is part of a broader strategy to improve transparency and protect the interests of small and medium-sized investors. Furthermore, the revised reporting guidelines now mandate more detailed disclosures regarding preferred stock issuances, dividend distributions, repurchases, conversions, and voting rights restoration. These updates ensure that investors have access to clear and timely information about the company's financial health and governance structure. In addition to these changes, the CSRC has also refined the rules around equity calculations and merger and acquisition activities. For example, preferred shares with non-restored voting rights are no longer counted in equity changes, and tender offers can now propose different conditions for preferred and common shares. Overall, these reforms represent a significant step toward a more transparent, fair, and investor-friendly capital market environment in China. By enhancing regulatory clarity and protecting the rights of all shareholders, the CSRC aims to foster long-term stability and growth in the financial sector.

Solenoid Coil

NINGBO DOTEC is a solenoid coil manufacturer and exporter in China for many years.

Options:
1. Voltage: 6VDC, 12VDC, 24VDC, 36VDC, 48VDC, 110VDC, 24VAC, 36VAC, 48VAC, 110VAC, 115VAC, 220VAC, 230VAC, 240VAC, 380VAC, etc
2. Power: DC (2W to 144W), AC (3VA to 50VA), can be customized as you want
3. Insulation Class: B, F, H, N, C, etc
4. Electrical Connections: DIN43650A, DIN43650B, DIN43650C, DEUTCH, AMP, KOSTAL, Flying Leads, Screw Terminals, etc
5. Protection Class: IP65, IP67, IP68, IP69K, Ex mb I T4, Ex mb II T4, etc
6. Plastic Package: Thermosetting, Thermoplastic
7. Printing: Laser printing, Screen printing
8. Application Examples: Pneumatic, Hydraulic, Automobile, Truck, Home Appliance, Dust Collector, HVAC, Textile, etc
9. Customization: If you have a drawing or can provide a sample, we can make the same solenoid coil as yours

Solenoid Coil, Solenoid Valve Coil, Solenoid Coil 12V, Solenoid Coil 24V, Solenoid Coil 110V, Solenoid Coil 220V

NINGBO DOTEC AUTOMATION CO., LTD , https://www.ningbodotec.com