SZSE Launches Research on Optimizing Voting Mechanism for Margin Trading Accounts, Exploring Feasibility of Dedicated Voting Channel

On August 18, a China Securities Journal·Zhongzheng Taurus reporter exclusively learned from industry sources that the Shenzhen Stock Exchange (SZSE) recently issued a special letter to its member institutions, requesting securities firms to assist in conducting research on the participation of margin trading collateralized securities accounts (referred to as "margin trading accounts") in online shareholder meeting voting. The move aims to optimize the online voting mechanism for shareholder meetings involving margin trading accounts on the SZSE and improve the user experience for members.

The reporter learned that the SZSE is studying the feasibility of adding a dedicated voting channel for margin trading accounts to support batch uploading of formatted voting data by member securities firms. If implemented, the exchange is also assessing the time required for securities firms to complete related system development or upgrades. Additionally, the SZSE has solicited opinions and suggestions from securities firms on further optimizing the voting process for margin trading accounts.

Recently, the margin trading balance has consistently remained above RMB 2 trillion. Wind data shows that as of August 15, the A-share margin trading balance reached RMB 2,062.642 billion, with 7.5626 million margin trading clients. Industry experts believe this research focuses on optimizing online voting pathways and enhancing system usability. The findings may directly influence the formulation of subsequent technical system upgrade plans, providing more efficient channels for margin trading investors to exercise shareholder rights. This reflects the exchange’s regulatory direction of promoting coordinated development between investor services and market infrastructure, making the progress of technical implementation worth monitoring.