CSRC: Hasten the research and formulation of a comprehensive policy document on investor protection in capital markets, titled "Opinions on Further Strengthening the Protection of Small and Medium Investors in Capital Markets."

Cheng Hehong, the chief lawyer of the China Securities Regulatory Commission, stated during his keynote speech at the 2025 Tianjin Wudadao Financial Forum on June 5th that the next step is to effectively protect investors. The trust and participation of investors are the foundation for the capital market to support service technological innovation. It is necessary to adhere to the deployment, arrangements, and implementation of financing services for technology and innovation enterprises, and the protection of investors' legitimate rights and interests, strengthen disclosure of information on the technological innovation attributes and investment risks of science and technology enterprises, and improve the corresponding investor suitability system mechanisms. Actively guide and support issuers, their controlling shareholders, actual controllers, and relevant securities companies to voluntarily carry out commitments and fulfill obligations for advance compensation to investors in accordance with the law. Continuously improve the refined service management level of the 12386 service platform; work together to promote the establishment of a normalized mechanism for representative actions in litigation. Support the pilot work of arbitration in the securities and futures industry. Urgently study and formulate comprehensive policy documents on the protection of small and medium investors in the capital market.