At the seminar on promoting the real economy reform of Chinese-style modern financial services held today, Liu Jianjun, former deputy director of the Market Supervision Department II of the Securities Regulatory Commission, said that the new “Nine Rules” have 6 highlights: 1. It emphasizes the supervision of the entire process to improve the quality of listed companies; 2. It focuses on preventing market speculation in all aspects and promoting asset prices to reflect their intrinsic value; 3. Emphasize the continuous strengthening of long-term investment to promote rational value investment; 4. Reshape supervision reflecting the “three public funds” concept in accordance with the concept of “substance over form”; 5. run; 6. Strengthen joint efforts to form high-quality development and create a favorable environment for capital market development. To cultivate high-quality listed companies, Liu Jianjun suggested focusing on four areas: making better use of the nurturing function of venture capital funds and continuously delivering high-quality listed companies; making better use of the diagnosis and treatment function of mergers and acquisitions funds to help sick listed companies recover their health in a timely manner; making better use of the clearance function of the delisting mechanism to make poor quality listed companies have no place; and promoting the deepening and practical registration system to play the role of various market players in screening, restraining and supervising various market players. (Financial Services Association)