What is the content of Article 146 of the Company Law?

What is the content of Article 146 of the Company Law? Article 146 stipulates that a listed company must disclose its financial status, business operations and major litigation cases in accordance with the provisions of laws and administrative regulations, and publish its financial and accounting reports every six months in each fiscal year. Interpretation of this article is about the disclosure of relevant information by listed companies. The shares of listed companies are traded on legally established stock exchanges, which are open to investors. In order to facilitate investors to make investment decisions and protect their legitimate rights and interests, listed companies should disclose relevant information of the company in a timely and accurate manner. Therefore, this article stipulates that listed companies must disclose their financial status, operations and major lawsuits in accordance with laws and administrative regulations, and publish 1 financial accounting report every six months. The Securities Law has more detailed and specific provisions on information disclosure of listed companies. For example, a joint stock limited company with listed shares shall, within two months after the end of the first half of each fiscal year, submit an interim report to the the State Council securities regulatory body and the stock exchange, and make an announcement: (1) the company's financial and accounting report and operating conditions; (2) Major litigation matters involving the company; (3) Changes in issued stocks and corporate bonds; (4) Important matters submitted to the shareholders' meeting for consideration; (5) Other matters as stipulated by the the State Council Securities Regulatory Authority. The Securities Law also stipulates that a joint stock limited company whose shares are listed and traded shall, within four months after the end of each fiscal year, submit an annual report to the the State Council securities regulatory authority and the stock exchange, and make an announcement: (1) Company profile; (two) the company's financial and accounting reports and operating conditions; (3) Brief introduction of directors, supervisors and senior managers and their shareholding; (4) Information on the issued stocks and corporate bonds, including the list of the top 65,438+00 shareholders who hold the most shares of the company and the amount of shares held; (5) The actual controller of the company; (six) other matters stipulated by the the State Council securities regulatory authority. At the same time, the Securities Law also stipulates that when there is a major event that may have a significant impact on the stock trading price of a listed company, the listed company shall immediately submit an interim report on the major event to the the State Council securities regulatory agency and the stock exchange, and make an announcement to explain the cause, current situation and possible legal consequences of the event. These major events include: (1) major changes in the company's business policy and business scope; (2) the company's major investment behavior and major decisions on purchasing real estate; (3) The conclusion of an important contract by the company may have an important impact on the company's assets, liabilities, rights and interests and operating results; (4) The company has major debts and fails to pay off the due major debts; (5) The company has suffered heavy losses or serious losses; (6) Significant changes have taken place in the external conditions of the company's production and operation; (seven) the company's directors, more than one third of the supervisors or managers have changed; (8) Significant changes have taken place in the holding or control of shares by shareholders or actual controllers who hold more than 5% of the shares of the company; (9) Decisions on capital reduction, merger, division, dissolution and bankruptcy filing of the company; (10) A major lawsuit involving the company, in which the resolutions of the shareholders' meeting and the board of directors are revoked or declared invalid according to law; (1 1) The directors, supervisors and senior managers of the company were taken compulsory measures by the judicial authorities for suspected crimes, and the company was put on file for investigation by the judicial authorities; (12) Other matters stipulated by the securities regulatory authority of the State Council. According to this article, if the Securities Law and other laws and administrative regulations stipulate that a listed company should disclose its financial status, business operations and major litigation cases, it shall implement the contents of the listed company stipulated in the Company Law in accordance with its provisions. The listed company requires the company to change its business model according to law after reaching a certain business scope. Compared with ordinary private enterprises and small companies, listed companies certainly have better welfare for employees and great challenges to the company's business.