《证券法》自1999年7月1日实施至今已经半年有余,随着证券市场法制化进程的进步与完善,证券市场健康发展已经呈现出“长期利好”的发展趋势,但在这不争的事实背后,一些上市公司因为有悖《证券法》的立法宗旨,违法违规地运作,导致上市公司遭到中国证监会严厉的查处,有关责任人受到行政和法律的追究。有些上市公司在自行的股份化运用过程中的不规范或者不成熟,引得官司缠身,矛盾激烈,危机四起。我们编发此文,目的在于通过发生在1999年股市中个别不规范的现象,为活跃在中国股市大盘的中国上市公司闪烁红灯,只有引以为鉴、中国股市才能更规范、健康、稳定地发展——另外,中国的股市迟早要对世界敞开大门的,我们要时刻准备迎接“狼”来的时候。 Since the implementation of the Securities Law of July 1, 1999, it has been more than six months. With the progress and perfection of the legalization of the securities market, the healthy development of the securities market has shown a tendency of “long-term good”. However, in this indisputable fact Behind some of the listed companies because of the “securities law” against the legislative purposes, illegal operation, leading to the listed company was severely punished by the China Securities Regulatory Commission, the responsible persons are subject to administrative and legal investigation. Some listed companies in the process of their own share of the use of non-standardization or immature, attracted lawsuits, contradictions, the crisis everywhere. We compiled this article with the aim of flashing the red light for Chinese listed companies active in the Chinese stock market through the occurrence of some non-standard phenomena in the stock market in 1999. Only by learning from it, can the Chinese stock market be more standardized, healthy and stable Development - In addition, China’s stock market sooner or later have to open the door to the world, we must always ready to greet the “wolf” when.