On October 25, during a press conference in Xi’an, Shaanxi Province, Jiao Yuzhen, the Vice President of the Shaanxi Provincial Higher People’s Court, emphasized the critical role of modern courts. “It’s our significant responsibility to promptly adapt to changes in the new Company Law and to fairly and efficiently adjudicate disputes involving enterprises and companies. This is essential for fostering the continuous, healthy, and high-quality development of various market entities in this new era,” she stated.
The press conference, themed “Optimizing the Legal Business Environment to Support Healthy Business Development,” featured the release of two important documents: the “White Paper on Company Dispute Cases in Shaanxi Courts (2019-2024)” and “Typical Civil and Commercial Cases Promoting Sustainable Business Development in Shaanxi Courts.”
According to statistics provided at the conference, since 2019, courts across Shaanxi Province have resolved a total of 16,500 company-related disputes. Notably, 83.3% of these cases involved private enterprises. The most common disputes included conflicts over equity transfers, shareholder qualification confirmations, shareholder rights to information, and shareholder contribution disputes.
Jiao pointed out that there has been a steady increase in new types of cases, such as those involving equity valuation adjustment agreements (also known as “gambling agreements”), hidden shareholders, and trust cases. This trend reflects innovations in business models and changes in financing methods. The courts in the province have been updating their commercial adjudication concepts, innovating their judicial mechanisms, and improving the quality and efficiency of their rulings. These efforts aim to continuously optimize the business environment and effectively resolve commercial disputes, thus providing robust judicial services and protections for enhancing property rights, standardizing corporate governance, and promoting innovation and entrepreneurship.
Furthermore, Zhao Xueling, a member of the Judicial Committee of the Shaanxi Provincial Higher People’s Court, highlighted the importance of the judiciary in fostering a legal business climate. “To enhance the legal business environment in Shaanxi and support healthy enterprise development, our court serves as a model, guiding businesses toward standardized operations and healthy growth. We aim to mitigate legal risks in business operations and create a positive legal environment for enterprises through our judicial efforts,” she explained.
