Provisions on the announcement time of listed companies

Legal Analysis: According to the Stock Listing Rules of Shanghai Stock Exchange, the annual report should be completed within 4 months after the end of each fiscal year, the interim report should be completed within 2 months after the end of the first half of each fiscal year, and the quarterly report should be compiled and disclosed within 3 months before and 1 month after the end of 9 months of each fiscal year. The disclosure time of the quarterly report of the first quarter shall not be earlier than the disclosure time of the annual report of the previous year.

Legal basis: Article 120 of the Company Law of People's Republic of China (PRC) The listed company mentioned in this Law refers to a joint stock limited company whose shares are listed and traded on the stock exchange.