中国上市公司协会

What 中国上市公司协会 does

中国上市公司协会 (China Association for Listed Companies, CAPCO) is a non-profit national-level industry association established in 2012 and operating under the supervision of the China Securities Regulatory Commission (CSRC). It serves A-share listed companies traded on the Shanghai, Shenzhen, and Beijing stock exchanges, coordinating with more than 30 provincial listed-company associations to deliver self-regulatory, governance, training, and investor-relations services across China's capital markets.

CAPCO's product surface is built around three core digital platforms — a member services system (hy.capco.org.cn), a training academy (peixun.capco.org.cn), and an independent director information database (dulidongshi.capco.org.cn) — supplemented by content hubs covering ESG practices, digital-transformation case studies, and corporate-governance resources. The association runs a portfolio of specialized professional committees (high-end manufacturing, medical health, ESG, investor relations, finance, independent director, and, as of July 2026, commercial aerospace & low-altitude economy) and publishes monthly statistical bulletins plus annual operating-performance reviews for the A-share market. Recurring programs include board-secretary advanced training (currently in its seventh cohort), securities-affairs-representative tiered training (ninth cohort), and internal-control typical-case collection activities.

The association's revenue model is recurring membership fees combined with fees from training and professional development programs; pricing is not publicly disclosed and is handled via direct contact. CAPCO is governed by a council/board structure with member companies and is led by a Party Committee; it has no external investors, no parent company, and no commercial ownership in the conventional sense. Customer segments are segmented by vertical — with manufacturing listed companies representing 68.33% of A-share market count and 56.90% of market capitalization as of end-2025 — and value is delivered through industry-vertical roadshows, institutional-investor engagement events, and policy communication channels.

Name

中国上市公司协会

Legal name

中国上市公司协会

Website

https://capco.org.cn

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

中国上市公司协会 (CAPCO) is a CSRC-supervised non-profit national industry association serving A-share listed companies in China, providing membership services, professional training, statistical data, and industry-vertical committees across manufacturing, medical health, ESG, and other sectors.

Ownership category

akta.pro rank

Product category

Capital Market Industry Association Services

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Industry association services
• Corporate governance training
• Securities representative certification
• Investor relations support
• ESG disclosure consulting

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Services: Association services including training, data reports, and member management provided to listed companies. Revenue generated through membership fees and training programs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

CAPCO is a national-level non-profit industry association that provides membership services, professional training programs for securities representatives and board secretaries, statistical and research reports, corporate-governance and ESG guidance, investor-relations facilitation, and industry-committee coordination to A-share listed companies in China. It operates under the supervision of the China Securities Regulatory Commission (CSRC) and coordinates a network of more than 30 provincial listed-company associations and several specialized professional committees.

Product overview

中国上市公司协会 (CAPCO) operates as an industry association platform offering membership services, training programs, and information resources for listed companies in China. The organization's digital offerings include a member service system, a training academy platform, an independent director database, industry classification tools, and content hubs covering ESG practices, digital transformation cases, and corporate governance. CAPCO also organizes annual programs such as internal control case collection activities and publishes monthly statistical reports. The association connects member companies with regulatory bodies, stock exchanges, and industry associations through its platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Member Service System (会员服务系统) Online membership service portal providing A-share listed-company members with access to member benefits, information management, and member-only resources for industry self-regulation and member-services engagement.
• Training Academy (培训学苑) Professional development platform offering certification courses, seminars, and advanced training programs for securities representatives and board secretaries of A-share listed companies.
• Independent Director Information Database (独董信息库) Comprehensive searchable database of independent directors serving A-share listed companies, providing information search and management capabilities for companies, regulators, and the public.

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core.

• Local Listed Company Associations NetworkcoreChannel Partner/ Reseller/ DistributorThe association coordinates with over 30 local listed company associations across China including Beijing, Shanghai, Zhejiang, Guangdong, Sichuan, Jiangsu, Hubei, and others. These local associations serve as regional channels for delivering CAPCO's training, research, and member services to listed companies in their respective provinces.
• High-End Manufacturing Professional Committee (高端制造专业委员会)coreStrategic or Co-development PartnerSpecialized committee under CAPCO focused on promoting high-end, intelligent, and green transformation of manufacturing listed companies. The committee conducts industry research, organizes member company visits, and supports manufacturing companies in digital transformation and quality improvement initiatives.
• Medical Health Professional Committee (医疗健康专业委员会)coreStrategic or Co-development PartnerCAPCO committee supporting medical health industry listed companies through organizing roadshow events connecting member companies with institutional investors. Committee members include leading companies like Changchun Gaoxin, Dong-E E-Jiao, Ha Chuan Pharmaceutical, CF PharmTech, and Intco Medical.
• Independent Director Committee (独董委)coreStrategic or Co-development PartnerCommittee supporting independent directors of listed companies, managing the independent director information database (dulidongshi.capco.org.cn) and organizing annual meetings and reform discussions.
• Finance Professional Committee (财专委)coreStrategic or Co-development PartnerFinancial professional committee organizing internal control case collection activities and annual meetings for listed companies.
• Investor Relations Management Committee (投关委员会)coreStrategic or Co-development PartnerCommittee organizing investor relations management and institutional investor engagement activities for listed companies.
• ESG Professional Committee (ESG委员会)coreStrategic or Co-development PartnerESG committee established in November 2022, compiling and publishing ESG best practices and research reports from member companies. The committee supports ESG reporting and sustainable development disclosure for listed companies.
• China Securities Regulatory Commission (中国证监会)coreStrategic or Co-development PartnerAs the regulatory authority for listed companies in China, CSRC works with CAPCO on policy implementation, member company regulation, and market development initiatives.
• Stock Exchanges (上海证券交易所, 深圳证券交易所, 北京证券交易所)coreStrategic or Co-development PartnerPartnership with China's three stock exchanges for listing regulation, member company services, and capital market development coordination.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Singapore Institute of Directors: Singapore Institute of Directors is a national association dedicated to enhancing corporate governance standards among listed companies in Singapore. It mirrors CAPCO's mission by serving directors of public-listed entities with training, governance frameworks, and policy dialogue with securities regulators.
• Quoted Companies Alliance (UK): The QCA is a UK independent membership organization championing the interests of small to mid-sized quoted companies. Comparable to CAPCO as it represents listed companies to regulators and policymakers, provides corporate governance guidance, and operates committees across specialized industry and functional areas.
• Korea Corporate Governance Service: KCGS is a Korean governance body that evaluates corporate governance practices of listed companies and provides consulting services. It is comparable to CAPCO in operating within the capital markets regulatory ecosystem with a focus on listed company governance standards and disclosure quality.
• Hong Kong Institute of Directors: The Hong Kong Institute of Directors is a national-level membership organization promoting good corporate governance and director professionalism in Hong Kong. It is structurally and functionally comparable to CAPCO as it serves listed company directors and executives with training, certification, and policy advocacy under a recognized governance mandate.
• Japan Investor Relations Association: JIRA is the leading Japanese organization promoting IR best practices among Tokyo Stock Exchange-listed companies. It is comparable to CAPCO's investor relations function in supporting listed companies with institutional investor engagement, IR training, and disclosure standards.
• National Investor Relations Institute (US): NIRI is the premier US association for investor relations professionals, providing certification, education, and standards for IR practice at listed companies. It parallels CAPCO's Investor Relations Management Committee activities in facilitating institutional investor engagement and best-practice dissemination.
• National Association of Corporate Directors (US): NACD is a leading US-based membership organization for corporate board directors, providing education, certification, and governance resources. It parallels CAPCO's role in training and credentialing directors of listed companies and promoting governance best practices in a national capital market context.
• Hong Kong Chartered Governance Institute: HKCGI is the Hong Kong division of the Chartered Governance Institute, providing qualifications and training for company secretaries and governance professionals of Hong Kong-listed entities. It is comparable to CAPCO's training academy in equipping securities representatives and board secretaries of listed companies.

Direct peers

• China Association for Public Companies: This is CAPCO itself, the subject of this analysis; included for reference as the Chinese national-level industry association supervised by CSRC that serves A-share listed companies with member services, training, and policy coordination.

Broad incumbents

• International Corporate Governance Network: ICGN is an international investor-led organization promoting effective corporate governance and stewardship across global capital markets. While broader in geographic scope than CAPCO, it shares CAPCO's focus on governance standards, ESG integration, and listed-company accountability frameworks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 中国上市公司协会