There are clear articles of association and management system, a fixed place, office facilities and a certain amount of start-up funds necessary for business development, and a certain number of full-time staff with corresponding professional qualifications.

Notary intermediaries specifically refer to institutions that provide price evaluation and enterprise credit evaluation services such as land, real estate, goods and intangible assets, as well as arbitration, inspection, appraisal, certification and notarization services.

Agency agencies specifically refer to agencies that provide lawyer, accountant and adoption services as well as patent, trademark, enterprise registration, taxation, customs declaration and visa agency services; Information technology service intermediaries specifically refer to institutions that provide consulting, bidding, auction, employment introduction, marriage introduction, advertising design and other services.

Intermediaries play an important role in information disclosure. As China's securities market was born and developed in the transition period from planned economy to market economy, the barriers and asymmetry of information transmission between listed companies and investors are more obvious. Therefore, we should give full play to the information transmission function of intermediary institutions.

Supervision system of securities companies

A securities company shall submit business, financial and other management information and materials to the securities regulatory authority in the State Council in accordance with regulations. The State Council securities regulatory authority has the right to require securities companies, their shareholders and actual controllers to provide relevant information and materials within the prescribed time limit.

The information and materials submitted or provided by securities companies, their shareholders and actual controllers to the State Council securities regulatory authority must be true, accurate and complete.