CSRC: Quickly introduce a set of policy measures to deepen the reforms of the science and technology innovation board and the Growth Enterprise Market to effectively promote the increase of the scale and proportion of medium and long-term funds entering the market.

229922.61 The level of legal standardization and the precision of punishing illegal behaviors. According to the requirements of the State Council to do a good job in the comprehensive punishment and prevention of financial fraud in the capital market, accelerate the construction of a comprehensive system for punishing and preventing financial fraud, strictly crack down on malignant acts such as fictitious businesses and abuse of accounting policies. Adhere to targeting the "main offenders" and increase the investigation and punishment of major shareholders, actual controllers, and other directly responsible personnel of fraudulent companies. Strictly and promptly punish violations of reducing holdings, especially behaviors that disrupt the order of the capital market such as indirect reductions and disguised reductions. Concentrate efforts on cracking down on insider trading, market manipulation, and other illegal behaviors that seriously harm the interests of small and medium investors, crack down on illegal stock recommendations and illegal agency activities, and maintain a healthy market environment. At the same time, play the exemplary role of typical cases, interpret laws through cases, and achieve "handling one case, deterring one party, and governing one area." Supporting investors who have been infringed upon to safeguard their rights according to the law and promoting the diversified resolution of securities and futures disputes is the fifth key point. Last year, with strong support from the Supreme People's Court, the special representative litigation cases of Jin Tong Ling Technology Group and Ultimate Sports Ecology have been initiated and have made new progress. We will continue to deepen communication and cooperation with judicial organs, promote the establishment of a normalized working mechanism for special representative litigation, and promote the law-abiding, cautious, and efficient conduct of securities representative litigation, further leveraging the institutional role of special representative litigation in resolving collective disputes intensively; actively implementing the "Fengqiao Experience" in the new era, fully playing the foundational role of mediation in dispute resolution; actively guiding and supporting willing and capable operators to compensate qualified investors in securities fraud cases in accordance with the legal framework; further leveraging the effectiveness of the administrative law enforcement party commitment system in providing timely and effective relief to investors; and fully leveraging the role of securities and futures lawyers to provide public interest legal assistance to small and medium-sized investors, resolving conflicts and disputes from the source, and maintaining market harmony and stability. Comrades! Investor protection is a long-term and systematic task. In the next step, the China Securities Regulatory Commission will further mobilize various parties to persistently carry out various investor protection work, continue to focus on the construction of investor protection institutional mechanisms and breakthroughs in typical cases, effectively enhance the quality and effectiveness of investor protection. Thank you all! This article is from the "CSRC Release" WeChat official account; Edited by: Huang Xiaodong, GMTEight.