Sha Yan: First Female Chair of Shenzhen Stock Exchange

The Gold exchange"Leadership Team" section on the official website of the Shenzhen Stock Exchange shows that Ms. Sha Yan has officially taken office as the President of the Shenzhen Stock Exchange, becoming the first female leader in the history of the Exchange. According to the information, Sha Yan was born in September 1972 in Qiqihar, Heilongjiang, and holds a Ph.D. in Management. She is also a member of the Communist Party of China. Before becoming the President of the Shenzhen Stock Exchange, she served as the Party Committee Secretary and General Manager of the Exchange.

(Source: Shenzhen Stock Exchange Official Website)

The past seven Presidents of the Shenzhen Stock Exchange were Wang Xiyi, Luo Xianrong, Zeng Kelin, Chen Dongzheng, Wu Lijun, Wang Jianjun, and Chen Huaping. Sha Yan's appointment marks a new era of leadership for the Shenzhen Stock Exchange.

Sha Yan's career includes serving as the Deputy Director of the Second Department of Listed Company Regulation, Deputy Director of the Listed Company Regulation Department, Deputy Director and Director of the Securities and Fund Institutions Regulation Department at the China Securities Regulatory Commission. She has been the Deputy Secretary of the Party Committee and General Manager of the Shenzhen Stock Exchange since June 2020 and was announced by the Central Organization Department as the Party Committee Secretary of the Shenzhen Stock Exchange on December 28, 2023.

Under Sha Yan's leadership, the Shenzhen Stock Exchange has undergone several major reforms, including reforms of the Growth Enterprise Market and the pilot registration system, the merger of the Main Board and the SME Board, and the full implementation of the registration system. These reforms aim to strengthen market supervision, improve the quality and efficiency of listing reviews, and create a transparent, honest, and high-quality registration system. Meanwhile, the Shenzhen Stock Exchange has intensified its supervision of listed companies, comprehensively assessed and improved the regulatory system rules, and strictly cracked down on illegal and non-compliant actions.

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