What will happen to small and medium-sized listed companies as the purpose of raising funds?

According to Article 6.4. 1 of the Guidelines for Standardized Operation of Listed Companies on SME Board of Shenzhen Stock Exchange (revised 20 15), listed companies shall be deemed to change the use of raised funds under the following circumstances:

(1) Cancel the original fund-raising project and implement new projects;

(2) Changing the implementing entity of the investment project with raised funds (except that the implementing entity is changed from a listed company to a wholly-owned subsidiary or a wholly-owned subsidiary to a listed company);

(3) Change the implementation mode of investment projects with raised funds;

(4) Other circumstances identified by this Exchange that change the use of the raised funds.

This article does not constitute any investment advice, because policy issues are time-sensitive. For relevant answers, please refer to the latest content released by official website.