Market participants:
In order to further implement the market-oriented reform of M&A and restructuring, improve the quality of listed companies, and strengthen the supervision of the whole process of M&A and restructuring, Shanghai Stock Exchange (hereinafter referred to as the Exchange) has analyzed and evaluated the market changes and relevant policy adjustments in recent years, comprehensively sorted out the business rules of M&A and restructuring, revised and improved the Business Guidelines for Information Disclosure of Major Asset Restructuring of Listed Companies, and formed the Business Guidelines for Information Disclosure of Major Asset Restructuring of Listed Companies (see Annex for details), which are hereby promulgated. The Guidelines on Information Disclosure and Suspension and Resumption of Major Asset Restructuring of Listed Companies (SSE [2015] No.5) shall be abolished at the same time.
The Business Guidelines for Information Disclosure of Major Assets Restructuring of Listed Companies shall apply to the listed companies on the Science and Technology Innovation Board of this Exchange, but the relevant provisions of the Business Rules for Science and Technology Innovation Board shall apply to matters such as restructuring review and registration procedures.
I hereby inform you.
Attachment: Business Guidelines for Information Disclosure of Major Asset Restructuring of Listed Companies
Shanghai Stock Exchange
19 19 years1February 20th.