Recently, Associate Professor Shang Haowen from the Law School of Beijing Normal University was hired as an expert at the think tank of the Third Branch of the Beijing People's Procuratorate and the Securities and Futures Crime Investigation Base (Beijing) of Procuratorial Organs.
As one of the national securities and futures crime investigation bases for procuratorial organs, the Securities and Futures Crime Investigation Base of the Third Branch of the Municipal Procuratorate is guided by the construction goals of the "Four Procuratorates", including the "Specialized Case Handling Characteristic Procuratorate". It conscientiously implements the "Three Excellences" work requirements proposed by Prosecutor Ying Yong, deeply implements the important instructions of Prosecutor General Zhu Yapin on strengthening the construction of investigation bases, accurately grasps the substantive legal relationships behind legal provisions, accurately understands the core of the rule of law, and ensures the high-quality and efficient handling of every securities case. With the help of external brain resources and expert wisdom, it participates in the review, research, and specialized talent training of securities cases, gradually accumulates expert resources. In May 2024, a specialized expert think tank was formally established, comprising scholars from higher education institutions, special invited assistant prosecutors from regulatory bodies, and practical experts from exchanges and industry self-regulatory organizations. This think tank has provided strong intellectual support for the Beijing procuratorial organs to precisely combat securities and futures-related illegal and criminal activities, safeguard national financial security, and maintain the healthy development of the capital's capital market order.
Associate Professor Shang Haowen was named a scholar and think tank expert among academic institutions and participated in the appointment ceremony. Concurrently, three other esteemed legal experts were recognized: Che Hao, Vice Dean, Professor, and Doctoral Supervisor at Peking University Law School, who is also a Distinguished Professor under the Ministry of Education's "Changjiang Scholar Award Program" and named one of the 9th National "Top Ten Young Legal Scholars"; Wang Xin, a Professor and Doctoral Supervisor at Peking University Law School, concurrently serving as the Deputy Director of the Fourth Procuratorate of the Supreme People's Procuratorate, Executive Director of the China Criminal Law Research Association, and Vice President of the Financial Legal Behavior Research Association within the China Behavioral Law Society; and Xing Huiqiang, a Professor and Doctoral Supervisor at the Law School of the Central University of Finance and Economics, who also holds the positions of Vice President and Secretary General of the Securities Law Research Association of the China Law Society, as well as Editor-in-Chief and Executive Editor for publications such as "Financial Law" and "Securities Law Review".
Wu Chunmei, a member of the Party Group and the Deputy Prosecutor General of the Third Branch of the Beijing Municipal People's Procuratorate, ceremoniously presented appointment letters to four distinguished representatives of the think tank experts. Following this, these four think tank representatives, along with Wang Ruilin, the Deputy Director of the Beijing Fangyuan Notary Office, serving as a hearing officer, engaged in the special hearing on the "Procuratorial Protection of Enterprises" case, convened by the Securities and Futures Crime Investigation Base. The public hearing delved into the necessity of prosecuting the actual controllers in two securities crime cases and the imperative of implementing criminal compliance measures for the enterprises involved. This landmark "Procuratorial Protection of Enterprises" hearing marks the inaugural hearing activity conducted by the securities and futures crime expert think tank since the establishment of the case handling base.
In recent years, Associate Professor Shang Haowen has focused his research on securities crimes and other emerging financial offenses, authoring a seminal monograph, "The Application of Criminal Law Norms for Securities Crimes" (published by Law Press, 2024 edition). He has also spearheaded a array of provincial and ministerial-level projects, including: A National Social Science Fund project entitled "Research on the Criminal Law Sanctions System for Securities Crimes under Capital Market Reform." A Beijing Social Science Fund project titled "Establishing a Long-Term Prevention and Control Mechanism for Corruption Crimes in Beijing's Financial Sector." A ministerial-level project by the China Law Society exploring the intersection between administrative law enforcement and criminal justice in the securities domain. Another ministerial-level project of the China Law Society, "Research on the Prevention and Control Model of Bribery Crimes in Financial Enterprises from the Perspective of Enterprise Compliance." A prosecutorial theory project for the Supreme People's Procuratorate, "Investigating the Relationship between Administrative and Criminal Recognition in the Securities Field," among other provincial and ministerial initiatives. His research has been published in prestigious journals such as "Law," "Chinese Journal of Criminal Law," "Journal of East China University of Political Science and Law," "Criminal Law Theory," "Application of Law," "Public Security Research," "Securities Law Review," and "Beijing Foreign Studies Law." The topics of his research encompass a wide range of securities-related offenses, including the crime of fraudulent issuance of securities, false reporting and manipulation of securities, information-based manipulation of securities, the interface between administrative law enforcement and criminal justice in the securities sector, the complexities of "deceptive" high-frequency trading crimes, the offense of manipulating the securities market through information asymmetry, the criminal liability of controlling shareholders and actual controllers, the crime of illegal disclosure and nondisclosure of significant information, and the interplay between criminal law and pre-existing statutes in the identification of securities crimes.