Does a listed company have to have a party branch?

A listed company must have a party organization.

The Company Law of People's Republic of China (PRC) stipulates: Article 19.

In the company, according to the provisions of the articles of association of China * * * production party, China * * * production party organization was established to carry out party activities. The company should provide necessary conditions for the activities of the party organization.

Article 5 of the "Guidelines for the Governance of Listed Companies" stipulates:

In listed companies, according to the provisions of the company law, the organization of China * * * production party is established to carry out party activities. Listed companies should provide necessary conditions for the activities of party organizations.

According to the Company Law and relevant regulations, the state-controlled listed companies have written the relevant requirements of party building work into the articles of association in combination with the actual situation of enterprise ownership structure and operation and management.

Extended data:

Article 5 1 of the Articles of Association of the producer of China * * * stipulates:

Grass-roots party organizations in enterprises, rural areas, schools and armed forces shall lead and supervise the administrative organs and mass organizations of their own units, actively implement the resolutions of higher-level party organizations and state organs, and constantly improve their work.

Grass-roots party organizations in government agencies cannot lead and supervise the work of government agencies due to their special conditions, but they should monitor the ideological and political situation of every party member (including the administrative head) in government agencies, always care about the improvement of the work of government agencies, strengthen work discipline, oppose bureaucracy, promptly notify the administrative head of government agencies and report the shortcomings of the party's superior organizations.

Baidu Encyclopedia-China People and China Company Law

China Securities Regulatory Commission —— Governance Standards for Listed Companies

Articles of Association of the Producer of Baidu Encyclopedia-China (1956)