Several securities firms have revised their compensation management systems, with deferred payments and clawback provisions becoming key areas of focus.

Recently, securities firms such as Citic Securities, CICC, Citic Construction Investment, Guotai Junan Securities, and Huatai Securities have disclosed revised compensation management systems and completed shareholder meeting reviews. Among them, performance assessment, deferred compensation payments, and clawback mechanisms have become the key areas of revision.