JC Master Updates | Mr. Shao Yingqi of JC Master (Shenzhen) was invited to deliver a special presentation for the Nanjing Lawyers Association, jointly strengthening the risk‑mitigation framework for information disclosure and corporate governance.

On May 14, Mr. Shao Yingqi, Head of the Compliance Consulting Practice at JC Master (Shenzhen), was invited to the Nanjing Lawyers Association to deliver a specialized training session on the main forms of information disclosure violations, associated legal risks, and preventive measures. This training was closely aligned with current… Capital Market Regulation The event focused on the latest regulatory changes and key practical risks, providing participating lawyers with insights into legal interpretations and actionable guidance.

During the presentation, Mr. Shao Yingqi drew upon the Measures for the Administration of Acquisitions of Listed Companies and… Guidelines for the Articles of Association of Listed Companies 》The latest regulatory rules, including the “Corporate Governance Guidelines for Listed Companies,” are systematically explained across five areas: changes in capital market regulations, violations of information disclosure requirements, breaches of corporate governance standards, non‑compliant trading practices, and financial fraud. He particularly provided an in-depth analysis of “Opinion No. 19 on the Application of Securities and Futures Laws” regarding… Disclosure of Changes in Equity Interests In line with the relevant requirements, it has been clarified that for shareholders holding 5% or more of the shares, each 1% increase or decrease in shareholding will henceforth be treated as a “triggering of a 1% or 5% whole‑number threshold,” rather than a mere “change in percentage.” The guidance also addresses practical considerations arising from equity changes caused by passive dilution of shareholder interests. In addition, it provides an explanation of the revisions to the Guidelines on Articles of Association for Listed Companies, helping participants better understand the key compliance issues related to charter amendments and corporate governance.

 

During the case‑analysis session, Mr. Shao Yingqi drew on recent, representative disciplinary cases issued by the China Securities Regulatory Commission and stock exchanges to systematically examine four high‑frequency compliance violations: information disclosure, corporate governance, compliant trading, and financial fraud. Addressing common issues such as untimely disclosure of material transactions, misleading statements, capitalizing on market hot topics, misappropriation of funds, unauthorized guarantees, excessive share reductions, short‑term trading, trading during blackout periods, and insider trading, he provided a detailed analysis of the underlying causes of these violations, the determination of liability, and the regulators’ stance. By illustrating these matters with real‑world examples, he vividly highlighted compliance risks in the capital markets and reinforced participants’ awareness of risk prevention.
 

Focusing on practical implementation, Mr. Shao Yingqi offers specific, actionable recommendations from the perspective of corporate compliance management. He emphasizes that companies should establish a standardized internal reporting mechanism for material information, clearly defining disclosure responsibilities at each level; rigorously enforce internal procedures for deferring or exempting disclosures; and standardize the use of dedicated fundraising accounts and related disclosure practices. Furthermore, he advocates strengthening oversight of shareholding changes by directors and senior executives, maintaining accurate records of insiders with access to material nonpublic information, and effectively managing trading during sensitive periods. At the same time, companies should reinforce internal financial controls to prevent fraudulent transactions, misappropriation of funds, unauthorized guarantees, and other misconduct, thereby building a robust compliance framework through sound policies and streamlined processes.
 

This training session was closely aligned with regulatory guidance and deeply attuned to practical needs, offering in-depth analyses of cutting-edge regulations, cautionary insights drawn from real-world cases, and actionable, end-to-end risk‑mitigation strategies. It earned high praise from the participating lawyers. Attendees noted that the program directly addressed the core pain points of compliance in the capital markets, significantly enhancing their ability to identify and manage risks in critical areas such as information disclosure, corporate governance, and compliant trading.
 

Drawing on its longstanding experience in capital markets legal services and a dedicated team of experts, JC Master provides listed companies, prospective issuers, and various market entities with comprehensive services covering compliance reviews of information disclosure, enhancement of corporate governance, management of related-party transactions, and ensuring the lawful use of raised funds, Insider Trading Prevention and Control — Comprehensive securities compliance services covering the entire process, including major capital‑related transactions, compliance training, and compliance system development. Guided by regulatory requirements and driven by practical needs, JC Master helps clients operate in full compliance, mitigate legal risks, and continuously provide expert support for the sound and sustainable development of the capital market.