Investors asked whether it is necessary for listed companies to disclose announcements before the shares issued before the initial public offering of listed companies are listed and circulated.

According to Article 5.3.4 of the Listing Rules of Growth Enterprise Market (20 165438 10), with the consent of this Exchange, listed companies shall disclose suggestive announcements at least three trading days before the listed shares are listed and circulated, and the announcements shall include the following contents: (1) Listing and circulation. (two) the relevant shareholders' commitment to limit sales and its performance; (3) Other contents required by this Exchange.