First of all, the disclosure time of the semi-annual report stipulates when the enterprise should publish the semi-annual report. According to the regulations of China Securities Regulatory Commission, listed companies should disclose the performance forecast for the first half of the year before June 30th every year. This means that enterprises need to announce the performance forecast information of the first half of the year to investors and the market before June 30. The purpose of supervision is to protect investors' right to know and the principle of fair trade, and promote the transparency and stability of the market.
Secondly, the disclosure time of the semi-annual report stipulates what the enterprise should disclose. According to relevant regulations, the semi-annual report shall include the following contents: the performance forecast for the first half of the year, the reasons for performance changes, the basis and assumptions of the performance forecast, and the reliability of the performance forecast. The disclosure of these contents can help investors and the market understand the operating conditions and future development trends of enterprises in the first half of the year and provide reference for investment decisions.
Other provisions.
The announcement time of the semi-annual report stipulates the disclosure methods that enterprises should adopt. According to relevant regulations, listed companies should disclose semi-annual forecasts through information disclosure channels designated by stock exchanges. This means that enterprises need to publish semi-annual forecasts through designated platforms or channels of stock exchanges to ensure the openness and transparency of information and equal access of investors.
Finally, the disclosure time of the semi-annual report stipulates the disclosure principles and requirements that enterprises should abide by. According to relevant regulations, enterprises should follow the principles of truthfulness, accuracy, completeness and timeliness of information disclosure when disclosing semi-annual reports to ensure the authenticity and reliability of disclosure. At the same time, enterprises should also abide by the relevant laws and regulations and the provisions of the stock exchange, fulfill the obligation of information disclosure and protect the legitimate rights and interests of investors.