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Han Enjia, a former adviser to the Tianjin Municipal Government, died and was responsible for preparing the former Tianjin Municipal Stock Exchange

author:Shangguan News

According to the news of Tianjin Daily on January 19, Comrade Han Enjia, a former consultant of the Tianjin Municipal People's Government and a retired cadre, died at 14:42 on January 15, 2022 at the age of 96 due to ineffective medical treatment. The body of Comrade Han Enjia was cremated at the Tianjin No. 1 Funeral Home on January 17.

According to public information, Han Enjia, born in Tianjin in 1925, actively carried out revolutionary work in Chinese universities during the War of Resistance Against Japanese Aggression and the War of Liberation, from the Tianjin Municipal Planning Commission after the reform and opening up to serving as a municipal government adviser after retirement, the elderly Han Enjia witnessed the magnificent history of Tianjin's financial industry since the reform and opening up forty years.

According to previous reports by Tianjin media, on June 1, 1949, the first stock exchange in New China opened in Tianjin, trying to find a city's financial genes and touch the logic and context of the development of the capital market.

According to a memoir written by Han Enjia, one of the former responsible persons for the specific preparatory work of the Tianjin Stock Exchange, "The establishment of the stock exchange also reflects the party's protective policy for national industry and commerce, strengthens people's trust in securities, is conducive to encouraging private investment, and enhancing their enthusiasm for participating in the restoration and development of production and prosperity of the economy." Influenced by Tianjin, in early 1950, Beijing also established a stock exchange.

It is also worth mentioning that in June 1951, Tianjin established the Municipal Investment Co., Ltd., and in November of the same year, the first batch of trust investment securities of 5 billion yuan was issued to the public, and it was listed and traded on the stock exchange. This is also the first investment bond publicly raised by New China and listed on the stock exchange directly for production and construction. Due to historical reasons, in July 1952, the Tianjin Municipal People's Government decided to abolish the Tianjin Stock Exchange and merge into the Municipal Investment Company.

As the first securities exchange market opened in New China, the Tianjin Stock Exchange was the first attempt by the Chinese Communist Party to open up the financial market after it came to power.

Column Editor-in-Chief: Qin Hong Text Editor: Song Yanlin Title Map Source: Shangguan Title Map

Source: Author: The Paper