Do the unfulfilled contracts of listed companies need to be disclosed?

If listed companies are unable to fulfill the trading contracts signed before the outbreak due to the epidemic, do they need to fulfill their information disclosure obligations?

According to the provisions of Article 80 of the Securities Law, "when a listed company and a company whose shares are traded on other national stock exchanges approved by the State Council have a major event that may have a significant impact on the stock trading price, and investors are not aware of it, the company shall immediately submit an interim report on the major event to the the State Council Securities Regulatory Authority and the stock exchange, and make an announcement to explain the cause, current situation and possible legal consequences of the event. The above major events include: ... (5) The company suffered heavy losses or serious losses.

If a listed company is affected by this epidemic, it is difficult to perform a major contract signed before the outbreak of the epidemic, and it is necessary to postpone performance, terminate performance or terminate the contract, and the above matters will cause heavy losses or heavy losses to the company, it shall publish a temporary announcement to disclose the progress of the transaction.