As reported by Xinhua News Agency, Zijiang Enterprise and other three companies are chosen to be the candidates for stock reformation about different types of stock options. This is the first practical step of the efforts to solve the No. One Problem in China’s stock market, and is a milestone of the history of China’s stock market.

It is reported that the reasons for those companies being singled out are: they do not have transferable stock except those in A share; the non-transferable shares are comparably centralized and clean without legal dispute as there is no mortgage or detainment.

As far as performance is concern, Zijiang Enterprise and the other companies are highly profitable. It has enjoyed a stable increase in recent three years and a leading-edge position in the industrial because of its high compatibility; another important reason is that Zijiang Enterprise and others have a clean record. They have never been condemned publicly by the STE, or punished by SRC.