Translator:Wang Yichun
On January 8, 2024, the inaugural session of the Landing Lecture Series, themed "New Company Law Amendments: A Comparative Analysis," was effectively conducted in the Equal Meeting Room at Landing's Global Headquarters. This seminar featured Wang Guanghao, a Senior Partner at Shanghai Landing Law Offices, a Member of the Head Office System and Risk Control Committee, and Deputy Director of the Dispute Resolution Department, as the keynote speaker. The event was presented in a hybrid format, merging online live streaming with physical attendance, facilitating broader participation.
The seminar was adeptly moderated by Tian Lei, a member of the Shanghai Landing Law Offices' standing committee, Director of the Criminal Department, and Lead of the Professional Construction Committee.
In his presentation, Wang offered an exhaustive review of the recent updates to the Company Law, exploring the genesis and evolution of these amendments. He meticulously compared the newly introduced Company Law with its predecessor, highlighting the salient changes in a manner that was both succinct and incisive, ensuring that attendees could swiftly comprehend the essence of the latest legal modifications.
Wang's synthesis of the revised Company Law encompassed: (i) Enhancement of the legal normative framework within the Company Law; (ii) Expansion of the general principles section of the Company Law; (iii)
Innovations in the company registration system; (iv) Adjustments pertinent to limited liability companies; (v) Modifications related to joint-stock companies; (vi) Updates on the governance structure of state-funded enterprises; (vii) New stipulations for company directors, supervisors, and senior management; (viii) Guidelines on company mergers, demergers, capital increases, and decreases; and (ix) Norms governing company dissolution and liquidation. For an in-depth exposition and a comparative review of the amendments, refer to "Landing Research: In-Depth Analysis and Comparative Review of the Amendments to the Company Law of the People's Republic of China (2023)."
The seminar concluded with an engaging Q&A session led by Wang Guanghao, fostering a spirited dialogue with his peers about the recent Company Law revisions.
Marking a significant overhaul since the Company Law's introduction in 1993, this seminar drew widespread interest. Facilitated through both in-person and online platforms, the event attracted an audience of over 2,500 viewers, underscoring the keen interest in and the critical importance of the updated legal framework.
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