What is the service center? Let's see:
The Investment Center, established by China Securities Regulatory Commission, is a public welfare institution of securities and finance to protect the legitimate rights and interests of small and medium-sized investors. 20 13 12.27 the opinions on further strengthening the protection of the legitimate rights and interests of small and medium-sized investors in the capital market issued by the general office of the State Council pointed out that "it is necessary to explore the establishment of self-regulatory organizations and public welfare rights protection organizations for small and medium-sized investors, provide relief for small and medium-sized investors, and improve the organizational system for investor protection." 20 14 12, the service center is approved by the CSRC and directly managed. At the administrative level, the investment service center is a bureau-level institution at the same level as the Shanghai and Shenzhen Stock Exchanges.
According to public information, the investment service center mainly has four functions: holding shares, mediating disputes, supporting litigation and investing in education. At present, we are most concerned about holding shares and supporting litigation rights.
According to the "Pilot Scheme of Stock Exercise" published by the CSRC on February 9, 20 16, the investment service center has carried out pilot stock exercise in Shanghai, Guangdong (excluding Shenzhen) and Hunan, and purchased A shares 1 lot (100 shares) of all listed companies in the pilot area according to law (in principle, it is not allowed to trade after holding them). 20 17, 17 On April 4, 2007, the exercise scope of holding shares of the investment service center was extended to the whole country, that is, holding all listed companies in Shanghai and Shenzhen Stock Exchanges 1 share, thus obtaining the rights of shareholders. The investment center participates in the shareholders' meeting and forms shareholders' rights. In addition, it also includes sending letters of recommendation from shareholders, on-site inspection, attending reorganization briefings, asking questions, and filing lawsuits.
As a shareholder of a listed company, the investment center with 1 share can directly sue the listed company and/or the major shareholder and Dong as shareholders under certain conditions. At the same time, the investment service center can also support small and medium-sized investors in litigation.
Judging from the organizational nature and main functions, this investment center is really strong. What listed companies are most afraid of should be investment centers other than CSRC.