China Securities Association was established on August 28th, 199 1. On June 22nd, 2007, the fourth general meeting of 65438+ Association was held, and Comrade Huang Xiangping was elected as the president. Over the past 20 years, the Association has conscientiously implemented the eight-character policy of "legal system, supervision, self-discipline and standardization" and the Constitution of China Securities Association.

Under the supervision and guidance of the China Securities Regulatory Commission, we unite and rely on all members to effectively perform the three functions of "self-discipline, service and transmission", and have done some work in promoting self-discipline management, reflecting industry opinions and suggestions, and improving the development environment of the industry, and played the due role of industry self-discipline organizations.

At present, the securities industry is undergoing comprehensive transformation, facing new development opportunities, but also facing the potential pressure of opening to the outside world and the severe challenge of financial mixed operation. At present, the business transformation of securities institutions has not been fully realized, and the problems of single income structure, low-level homogeneous competition and extensive management still exist in the past.

Under the new situation of marketization and internationalization, the reality that China's securities market and securities institutions are small and weak is more prominent, and the traditional business philosophy, business model and risk prevention mechanism of the securities industry will be challenged and tested. Faced with historic development opportunities and severe challenges, the association shoulders new missions and heavier responsibilities.

We must keep a clear head and firm confidence in development. Adhere to the guidance of Scientific Outlook on Development, work hard and respond positively, with the goal of improving the core competitiveness of China's securities industry, give full play to the guiding role of industry self-discipline organizations in guiding ideology and objectives and tasks, effectively strengthen industry self-discipline and comprehensively promote industry development.

Perfecting and strengthening the self-discipline management system of the association is the long-term development goal of the association in the future. The construction of these systems will help the association to continue to play the role of industry self-discipline management and service.

Promote the effective formation and continuous improvement of the self-management and self-development ability of the industry, and promote the whole industry to finally form a good industry fashion of "standardized operation, scientific management, orderly competition and active innovation" and a good industry fashion of "honesty-oriented, morality-oriented, diligent and conscientious, and operating according to law".