[000:00:00;00] oh, sit on the first page, oh, sit on the first page, sacrifice is over there on the other side of the fence, look, the joy of meeting is there, oh, you are sitting, sit in the first row, stand up for justice , stand up on your shoulder, your burden of trust, stand up, first row, first row, first row, the first row, the first row, the first row, the first row, the row of humanity, your stronghold, your stronghold, this is the table and hope. to you on the other side of the table, in the eyes of the city, to you in the name of allah, the most merciful, the most merciful. hello and good night, dear viewers of the news channel, the first page program

. we will do it, and tonight there was a very important news about the recently published in the field of the capital market, and that was the news of the holding of meetings of equity investment companies. in order to know the quality and quantity of holding this event, which is happening after many years, we invited mr. dr. eshghi, the chairman of the securities and exchange organization, to see the conditions under which this event will be held. finally, what will happen to equity shares? hello, good evening. you are very welcome. in the name of allah, the most merciful, the most merciful. i also say hello to you and the dear viewers . i am very happy that tonight there was an opportunity to have a conversation with our dear compatriots about the very important issue of equity shares. very well, but plan it would be better if, mr. doctor , we could see the report of my colleagues preparing this report and come back and

raise our questions. even though we have separated these shares, it is very important to tell us that the profit is the best, but in my opinion, i will inform someone that no, there is no profit at the moment. about 30 million people chose the indirect management method , let's form a company in each province , put those equity shares, in fact, that basket of 36 shares into it, now that company can have managers. it's okay to be elected by the people themselves and to manage the stocks in that portfolio. in 1400, after the term of office of the members of the board of directors of provincial investment companies, the symbol of equity shares was also closed. at that time, it was decided

to change the symbol until the process of forming the general meetings of these institutions is legally held, the members of their board of directors are elected, financial statements and later, about 3 years have passed since the closing of the symbol of these companies, and the condition for reopening is holding the meetings of the provincial equity companies. in the last council meeting , this discussion was approved and signed last week. both it was announced that the preliminary work for holding the meetings of sarmagi provincial companies will be completed, god willing. therefore, from december 8th, persons who are eligible to become members of the board of directors of provincial investment companies. this call is given based on the regulations approved by the supreme council of the stock exchange to verify the professional qualifications of

financial institutions. their qualifications will be reviewed. the assembly will start from the end of bahman with the two provinces of zanjan and north khorasan, and until the beginning of september, 14 assemblies of all provincial investment companies will be held. the re-opening of the provincial trading symbol is currently in the council in this regard, no decision has been taken, but the provincial assemblies will be held. according to the head of the stock exchange organization , the shareholders of the provincial investment company can join the cooperative if they could not attend the meeting. the city has to represent itself so that the cooperative can participate in the assembly and vote on their behalf. maryam fadai radio broadcaster well, very good, doctor , if you are , let's start with the necessity and necessity of holding meetings of investment companies of sameh adalat province , what is the need for this

to be held. with the aim of spreading social justice and empowering low-income people 85, which was explained by the supreme leader's decree. and in the same direction, several secondary goals were defined, which was the fair distribution of ownership, the effective participation of the people in the management of economic enterprises, and in addition to these, sustainable wealth creation in the country, which is directly to the members of this great stock society. it is said that it includes 50 million people . currently , of these 50 million people, almost 20 million people directly choose to manage their shares and 30 million

indirectly through provincial cooling companies. organizing the meetings of these companies. unfortunately, since 2009, the board of directors of these companies has not been formed , that is, it has not been renewed. it is the board of directors whose term of office has expired. they are actually in this company . they are more important than that almost the people who actually chose their shares in 99 whether directly or indirectly did not have any role in choosing the members of the board of directors. so in 1400 the arrangements

were made by the supreme council of the stock exchange and the ministry of economy at that time. at in fact, the provincial somzari companies were appointed by the government, the members of their board of directors and all their main decisions . in fact , their assembly was held by the government. naturally, according to the announcements made by the supreme leader that the government should withdraw from the management and ownership of these companies and that this should be left to the people themselves, one of the main axes of hazrat agha's decrees in 1400 for the management of equity shares it was that

the government regulated its supervision in addition to maintaining them he should withdraw from the management of equity portfolio companies and leave this to the people. well, the most important step in handing over this management to the people was to hold the assemblies of the provincial hayzari company, the board of directors should be elected by the people, and this board of directors could pass the law of equity shares. the formation of the body and the law of equity shares for a period of time can introduce a representative to represent the provincial companies in investment companies , be present, evaluate the performance of these companies and after a while leave this completely to the companies themselves. provincial brokers to do this management

naturally, the decisions that are made to invest the resources of these provincial investment companies must be made by the board of directors of the investment companies themselves. well, these boards of directors have a very high position . within the provincial investment companies, there is more than 600 thousand billion tomans, which is approximately 400 thousand billion tomans, there is also a basket that is directly in the hands of the people, so this 600 thousand billion tomans, which is in the hands of the shares of the provincial company, can also have a yearly profit. it can also be a factor for growth

development of provinces each province has an average of 20 thousand billion tomans of assets, which can contribute to the growth and development of the province if properly managed, and we expect that the board members who are elected for the companies in addition to the minimum requirements that we have in the verus organization to confirm their qualifications, they have the ability to manage this amount of investment, naturally , the supreme council of the stock exchange has the right to sell or transfer the entire portfolio and stock portfolio at once. this will happen gradually but there are resources that can help the development of the provinces, it can have a very good profit for the shareholders of the equity shares of the province . therefore, the supreme council of the stock exchange

decided in the first step to organize the equity shares to announce the arrangements of the meetings of the provincial companies. . these arrangements were made with the consensus of all the members of alib council, and that is why it took a long time, that is, almost from the beginning of the formation of the government , we were trying to arrange this executive model in a way that all zinfan and the surrounding areas of justice have a consensus method. let everyone help it is very important to hold the meetings of the provincial companies and it needs all the help of people who are involved in equity shares , that's why we have finally

finalized this resolution. the election of the board members and the approval of the board members' qualifications will be published, god willing, and with what quality it will be held. in which provinces, derla's prioritization , considering the workload and the fact that in 1900, the holding of the provincial assemblies was a challenge to the provincial company, the decision to it was from two friends let it start as a pilot and first these professional friends and the work that went ahead. parallel to these, we will also announce the other provinces in order , so that by the first of september, all the provinces will have their assembly . the reason for complying with a series of legal deadlines that we have to comply with is to publish , in fact, a call to confirm the qualifications of board members for the period

until the meeting is held, from the time of the announcement of the meeting, which will first start from zanjan and north khorasan provinces until the provincial which in terms of information transparency of these companies his province is transparent, they upload the information on time , there is no problem in terms of information disclosure , and they have a good cooperation with the capital market complex. of course, i said that the rest of the provinces will be held in order. these friends are chosen. inshaallah, the invitation to those who want to be on the board of directors of these companies will be issued tomorrow.

professional qualifications will be evaluated based on guidelines. who have the necessary qualifications from the point of view of the organization, the minimum requirements for membership in the board of directors of these companies until the time of the assembly is announced, and after that they can they should announce candidates in the assembly. if they are elected, they will actually be nominated and they will be nominated and take over the company. the true member of the representative of the companies will be held after the provincial assembly of companies, and after whether someone is a direct or indirect shareholder, this is related to the discussion of whether there is such a separation, holding provincial company assemblies, well, it is for

the shareholders, which is indirect. in the assemblies of this companies should be present and vote. naturally, according to the number of votes they have , capitalized companies will be present in their assembly , but people who are indirect shareholders, i.e. indirect equity shareholders , will be present in samestani company assemblies. for example, this assembly cannot be held in several provinces at the same time to shorten the time. we should have chosen two provinces in the first stage , so that if you see the process, because you can see that nearly 30 million people are involved in these companies , the population is very large. and the simultaneous placement of the whole

this can create a challenge because many problems may occur at the same time. we chose two provinces in the first phase, but in the next stages, this will definitely happen one after the other and we will try not to reach a september and much sooner . be over we think that according to the consensus reached in the supreme council of the stock exchange and in the ministry of cooperatives, the chamber of cooperatives and the prosecutor 's office, the various places with whom we finalized this model in the supreme council of the stock exchange, they all agree, and i think they agree with this consensus. and with this consensus that existence. we can do it in less time let's hold it, this is the maximum time that i announced, which means that it will definitely not be missed

. next month, it will take almost a month for the people who want to be nominated to be elected as members of the board of directors . it will take about a month to discuss the confirmation of professional qualifications and general qualifications after that meeting by the current board of directors. provincial investment companies are invited and a board is held the chairman is elected from among the shareholders and considering that the assemblies of these companies have not been held in the past 3 years, the assemblies of 3 consecutive years should actually be held, the financial statements are approved and all those things that must be approved in the ordinary assembly these companies will be approved. what is important and i must say is that

these meetings will be held both electronically and in person. they can vote online. yes, they will vote online, even people who they are present there, in fact , they will try to establish that internet connection as well yes, those who are present in the assembly, because in order for the counting of votes and registration to be done electronically , other people will be able to vote electronically from their homes through the system that will be introduced and announce their attendance. and there, of course, in order to make it easier for people to participate in the collection, since the previous days, people can refer to the same system that is introduced, the system of breaking and placing, and announce there that they

want to express themselves or that they want to introduce a representative. or they want a lawyer, they can join their own urban cooperative to choose as their representative when he will appear in the assembly, the votes will be collected, they can express themselves directly considering that it is the first year and we intend to use the potential and that capacity of the city cooperative companies , and unfortunately this the companies have been neglected in the past years and many of their structures have been destroyed, and because the work was not entrusted to them at all, we approved this initiative in the first year to use the capacity of urban plague companies to get people's participation. in these

assemblies, let's raise companies, so if the people in the system should not decide which one of the options they will choose, and they should not state the principle and in fact appoint a representative of the city cooperative company . there is a city cooperative company on the condition that it has the conditions to attend the assembly instead of the people, and that it can have a quorum of 20% for its assemblies according to the regulations of the ministry of cooperatives, that is, we have designed a model to be able to express the will of the equity shareholders first in the company. justice cooperative. a city should come from there in sarmadhari companies

provincial and from provincial to investment companies, which are the same companies that are in the equity portfolio , there are 36 listed companies and 13 non-listed companies . we intend to complete this chain. the first year will definitely be difficult. people do not have enough knowledge, but i think i believe that by using the capacity of cooperative companies, we can actually expand this war culture of becoming a shareholder among the people, the people say that they are members of the cooperatives , although the shareholders of the companies are now the people, but the people are members of the cooperatives, this is actually advocacy. come to bodan cooperative cooperative co., ltd the assembly of samzori provincial company should participate and in this way, this will of ownership and management which was emphasized by the supreme leader at the time of promulgation of this

decree, that both in 2085 and in 2019 , there were numerous notifications to the president and to the government. that we will definitely be able to have the participation of the people in the management of investment companies in the end , and the conditions of those who want to be candidates , i can also tell you here, now, the general conditions of the economy, see the general conditions, according to the rest of the financial institutions that we have, such as the company provincial samzouris are a financial institution and an investment company our big financial institutions are the general qualification that must be approved. in the rest of our companies, this is also done. the qualification is checked from two aspects

. have an education related to the field of economics. in the process of verifying the professional qualifications of managers of financial institutions in detail, in fact, we have brought this to the portal of the stock exchange organization , and individuals can refer to it. let's give this hand to matt in the portal of the organization there is, he must have a relevant education, in addition to this , he must have the necessary experience to run a company, and at the same time , he must actually appear in the scientific interview, and the conditions that you meet in the scientific interview regarding getting to know the company in fact, you have a company and this in fact, his qualification for management must be verified. it was decided based on the decision of the supreme council of the stock exchange that a change

was made in the process of professional qualification and the members of the board of directors and managing directors of provincial capital companies must have the highest level of qualification available in the capital market. note that these companies are first companies they are relatively large and this and the next point is that they have a lot of benefits. every company in the head of the province now has one million people and one and a half million zineft people depending on the province, and since the people's resources are in the hands of these companies, they must have the highest qualifications to be able to manage these resources correctly, god willing, and they must be shareholders themselves. who are candidates, as a rule, yes, all persons are in this business law, in the assemblies of these companies, the business law must be observed. a person who is nominated to be a member of the board of directors of a company must

either actually own shares or be a a legal person who owns shares should come and introduce them as real members and that their presence in the assembly is enough just to be a shareholder. in order for them to be allowed to attend the assembly , other people or conditions are also required, not shareholders, all shareholders of provincial joint stock companies. it doesn't matter whether the people who have been given equity shares or the people who buy them later in the capital market , they all participate in the assembly . it gets complicated, you have to refer to yourself samestani company and get an entry permit. naturally, our recommendation is that all people who have three degrees of justice should go to the deposit company and actually go to the systems they have and

register their information. they will enter the failure system so that we will have a headache both in holding the assemblies of samestani companies and in paying the dividends of adalat shares, and we can more easily present the shares, in fact, the profits of the companies of adalat shares to the shareholders, and that qualification approval that you mentioned and that scientific interview that you mentioned again, all this happens in the stock exchange organization yes, yes, the entire process of verifying the professional qualifications of financial institutions takes place in the stock exchange organization. at present, we have nearly 100 financial institutions whose board members' qualifications are generally in the organization, whether real or legal, all those who are actually qualified for the board of directors. for real persons, it is an example that the person who wants to be the board of directors actually takes over the management of the companies

. very well, and the possibility of giving power of attorney is available as you said, and you also mentioned the sajami issue. and how many cooperatives and provincial equity investment companies are there now statistically? we have a provincial investment company in all the companies in all the provinces. only in one province, which was formed in 2019, in fact, the separation between equity shares and the provinces was done in tehran province and alborz province. now this separation must be done . and semnan province has not been registered yet, that stage of registration must be completed. in all provinces, in fact, 31 of our provinces will have provincial education failure . there are more than 35 cooperative companies, which are based on

the regulations of the ministry of cooperatives. in fact, they operate under the supervision of the ministry of cooperation, which we are in actually, in this matter, holding the meetings of the samestani company, we will have a combination of cooperation between the cooperative sector and the capital market. these 352 urban cooperative companies should mobilize people to attend their meetings and in fact appoint a representative to attend the meetings of the provincial capital companies. it provides attendance at the meeting, which is free of charge. no, there is no fee for attending the meeting . very well, if there is any other explanation , please let me know about this collection of reports and its contents.

no, please, there is nothing left. very well the latest news about the payment of equity dividends. if possible , how many companies have paid dividends and how many have not paid? this dividend will be paid in two stages , the first stage, god willing, by the end of december until yalda night . i would like to say that if according to the follow-up that your colleagues we are doing another part of the profits of the companies that we receive will be added to this amount , but it is not certain, this number is not yet certain , it has to be calculated, because we are still wondering how many percentages will be

added . . and the second phase will be paid by the end of the year, when a series of companies have actually paid the equity dividend , if i am not mistaken, about 9 companies have not yet paid the equity dividend. from now on, i will use haribooni please, we will ask first, but then we will have our own regulations we want them to pay the dividends of justice shares, many of these companies pay the dividends of real people centrally through the same system of sajjam, and we request here that they also pay the dividends of justice shares, which, god willing, we will be able to do so at the time we promised. let's pay profit in a centralized way. of course, this profit is different for