About SIPF
MESSAGE FROM GENERAL MANAGER
In 2018, led by the CSRC and supported by the MOF and the PBC, we thoroughly studied and implemented President Xi Jinping’s thought on socialism with Chinese characteristics for a new era, and earnestly pushed forward full strict governance over the Party and SIPF. We actively carried out CSRC’s major policies and arrangements and effectively worked with all staff members in a diligent, innovative and unyielding manner to explore and establish an overall development and management framework consisting of “1 main line, 3 aspects, 5 systems and 6 platforms”, to resolutely prevent and resolve financial risks, to provide effective support to ancillary service supervision and to offer precise protection to investors’ lawful rights and interests.
In the past year, we tightly clung to the main line of “full and strict governance over the Party” and issued the SIPF Opinion on Implementing Full and Strict Governance on the Basis of Full and Strict Governance over the Party as all-around guidance for SIPF to deal with various matters and affairs; we actively integrated our resources in accordance with regulatory and investor protection requirements to focus on three aspects, i.e. “prevention and resolution of financial risks, support of ancillary service supervision and protection of investors’ lawful rights and interests”; we properly planned and proceeded with 6 platforms for the purpose of enabling regulation and service and ensuring smooth inside and outside functioning; and 5 systems turned to be fruitful and effectively pushed the cause of investor protection up to a higher level.
In the past year, we adhered to the principle of comprehensive, strict and law-based regulation, carefully monitored investors’ funds and securities companies’ risks, worked hard to prevent and resolve financial risks, acted like an eagle’s eye to ensure investors’ fund security and as a “health examination center” for securities companies to firmly safeguard the “wallet” of investors. We conducted investor protection assessment and capital market survey in strict accordance with objective, fair and authoritative standards, prepared and published the 2017 Whitepaper on Investor Protection in Chinese Capital Market, properly assessing and encouraging capital market participants to enhance the effectiveness of their investor protection efforts. We adhered to warm, effective and innovative service, innovatively diversified securities and futures dispute resolution and introduced “escrow account”, and mediated more than 400 cases for competent courts, involving over RMB 60 million; improved the quality and efficiency of the 12386 Hotline through multiple sources, and we accepted over 80,000 investor complaints throughout 2018, recovering over RMB 10 million for investors, and “call 12386 if you have any problem” has become a consensus for investors. At the same time, via our proprietary systems, we established extensive collaborative mechanisms with courts, CSRC departments and branches, media and IT companies and spared no efforts to build a “circle of friends” for investor protection. Through Party building and corporate culture building, we strived to build a political environment and corporate culture that is “upright, robust and promising”, successively issued the Implementing Opinion on Further Strengthening Corporate Culture Building and the Implementing Opinion on Further Caring for Cadres’ Physical and Mental Health, reinforced the Party’s leadership over mass organizations, worked out the mechanisms to take care of cadres’ physical and mental health; and issued the Opinion on Further Encouraging Cadres to Assume New Responsibility and Have New Acts in the New Era to instruct cadres and staff members to be accountable and invigorated. Above achievements are hard earned and indispensable from considerate support and correct guidance from higher level, active collaboration from inside and outside the CSRC, example setting by the management and concerted and sincere cooperation from all staff members.
Ninety miles are only half of a 100 miles’ journey, and the cause of investor protection will never cease. In 2019, SIPF and its staff members, at a new starting point, will cherish the opportunities in connection with the national reform and opening up, strive to be firm, enterprising, bold, confident, diligent, unyielding and steady, spare no efforts to build a regulated, transparent, open, dynamic and resilient capital market, work out specific measures, properly carry out “three major missions”, step up efforts to promote high-quality capital market development and put in place a solid shield against major risks and a brighter prospect for the cause of investor protection to give a satisfactory response to the Party and the people!
Gong Haibin Deputy Secretary of Party Committee, Vice Chairman and GM
- © China Securities Investor Protection Fund Corporation Limited All Rights Reserved
- 京ICP备12035868号-1
