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Discussion on Several Issues of Equity Incentive in State-owned Non listed Companies
2021 11/12Author:Zhao Li
In the early 1990s, in order to address the prominent problems of insufficient development momentum in state-owned enterprises and the "big pot meal" of state-owned enterprise employees, the country began to promote and deepen the restructuring of state-owned enterprises. One important measure was to take the lead in introducing equity incentive systems in state-owned enterprises. In 2006, with the successive introduction of relevant laws and regulations, equity incentives for state-owned listed companies have laws to follow and have entered a rapid development track. However, for a long time, equity incentive has not played its expected role in state-owned and non listed companies. Even due to the previous lack of sound relevant laws and policies, coupled with strict supervision of state-owned assets and cumbersome approval procedures, equity incentive has become a system design that state-owned and non listed companies dare not touch. So, under current conditions, is it appropriate to implement equity incentives in state-owned non listed companies and how to implement them? This article will try to explore the above issues. -
Communication skills between criminal lawyers, prosecutors, and judges
2021 11/09Author:Dong XiaohuaThere are many differences in the work of criminal lawyers and other professional lawyers, but I think the biggest difference lies in the complexity of criminal proceedings. On the one hand, complex procedures are reflected in the fact that a case needs to go through several different litigation links and steps, and on the other hand, there are more judicial organs involved in the process. Therefore, criminal lawyers spend a lot of time and energy communicating with judicial personnel, through which they can carry out their work and achieve effective results. -
Analysis on Information Disclosure of Beijing Stock Exchange
2021 11/08Author:Li Jun、Wang ShunOn September 8, 2021, the First Management Department of Listed Companies of the National Equities Exchange Corporation issued a warning letter to the New Third Board Company, Asia Pacific Tianneng, and relevant responsible entities, confirming that the company had not fully disclosed to investors in the "Indicative Announcement on Preparing for Public Offering of Shares and Listing on the Stock Exchange" disclosed earlier Fully disclosing the fact that its financial data does not comply with the financial indicators specified in the "Beijing Stock Exchange Stock Listing Rules (for Trial Implementation)" (draft for comment) and the "National Hierarchical Management Measures for Small and Medium Enterprise Share Transfer System" constitutes a violation of information disclosure, and it is decided to take self-discipline and regulatory measures against the company and relevant responsible entities. The decision of the National Equities Exchange Corporation on this self-regulatory regulatory measure for Asia Pacific Tianneng is the first time since the establishment of the Beijing Stock Exchange that it has made a decision on punishment for information disclosure violations by referring to the supporting rules of the Beijing Stock Exchange. It also reflects the determination of regulatory authorities to crack down on information disclosure violations. Information disclosure, as the core content of China's securities market registration system reform, particularly emphasizes that securities issuers should truthfully, accurately, and completely disclose information that should be disclosed according to law, to improve the transparency of the securities market. So, what specific requirements does the Beijing Stock Exchange have for information disclosure of qualified companies on the New Third Board that do need to be publicly listed on the Beijing Stock Exchange? This article intends to explore this issue with reference to the provisions of the Beijing Stock Exchange on information disclosure obligations. -
Legal risks of enterprises implementing "996", "007", and "big and small weeks"
2021 11/05Author:Yang HonghuaRecently, there have been media reports that some enterprises have violated laws such as "996", "007", and "big and small weeks". "996" refers to workers who go to work at 9 a.m. and leave work at 9 p.m. every day, working six days a week. "007" refers to a flexible working system in which workers are on standby 24 hours a week from 0 to 0, without rest 7 days a week. "Large and small weeks" refers to a working system of alternating cycles of 5 days a week and 6 days a week. -
Gao Peng Criminal · Half Month Talk | Issue 04
2021 11/01Author:Dong Xiaohua1、 Team work dynamics
Lawyer Li Rong wrote "The Generalization and Limitation of Judicial Application of the Crime of Throwing Objects from High Altitude", which was included in the Proceedings of the Forum of the Chinese Academy of Social Sciences
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Shame and fear are important obstacles in determining the crime of rape
2021 10/27Author:Dong XiaohuaMany crimes of rape committed among acquaintances cannot be identified in judicial practice due to the difficulty of obtaining evidence. In addition to factors such as the absence of witnesses in the enclosed space and the lack of objective evidence, the ambiguity of facts, insufficient evidence, and the loss of evidence caused by the victim's sense of shame and fear are also important factors.
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Legal Analysis on Blocking URL Links Part 2 - Compliance Risks and Work Suggestions
2021 10/22Author:Jiang Liyong、Zhang BoOn September 9, 2021, the relevant business departments of the Ministry of Industry and Information Technology convened a "Administrative Guidance Meeting on Blocking URL Links" for multiple enterprises operating Internet platform businesses. At the meeting, the Ministry of Industry and Information Technology proposed three compliance standards for "interconnection and interworking" between instant messaging software, and requested that all platforms be unblocked according to the standards within the deadline: -
Gao Peng Criminal · Half Month Talk | Issue 03
2021 10/15Author:Dong XiaohuaRecently, lawyer Dong Xiaohua, a senior partner of Gaopeng Law Firm, represented Zhang in the case of suspected negligence leading to death. Due to the lawyer's timely intervention, he promptly submitted defense opinions based on the materials learned from the investigation. After unremitting efforts, the client was released on bail pending trial seven days after being detained in criminal detention, and received unanimous praise from his family and the client. -
How can a brokerage company avoid becoming a "pot bearer" of unscrupulous artists?
2021 10/13Author:Zhang LianliRecently, the entertainment industry has witnessed an endless stream of startling events, which have greatly enriched the eyes of the melon eating masses. However, how much joy and worry do you have? In the face of the situation where celebrity artists have lost their virtue, leading to the high cost of early investment in film and television dramas being banned, removed from the shelves, and the termination of the endorsement brand contract, where should the brokerage company go? Will it become a "pot bearer"?