Announcement requirements of listed companies

Legal analysis: After the application for listing and trading is approved by the stock exchange, the listed company shall announce the relevant documents for approving the listing of shares five days before the listing and trading of shares, and place the documents in designated places for public inspection. In addition to the listing application documents stipulated in the preceding article, the listed company shall also announce the following matters: the date when the shares are allowed to trade in the stock exchange; List of the top ten shareholders who hold the most shares of the company and their shareholdings; Names of supervisors, managers and relevant senior managers and their holdings of company stocks and bonds. Through the above procedures, the shares of a joint stock limited company can be listed and traded.

Legal basis: Measures for the Administration of Information Disclosure of Listed Companies

Article 2 Information disclosure obligors shall disclose information in a true, accurate, complete and timely manner, and shall not make false records, misleading statements or major omissions.

The information disclosure obligor shall publicly disclose information to all investors at the same time.

Information disclosed in overseas markets by companies that issue securities and their derivatives in domestic and overseas markets and list them shall be disclosed in domestic markets at the same time.

Article 6

When a listed company or other information disclosure obligor discloses information according to law, it shall submit the announcement and relevant documents for reference to the stock exchange for registration, and publish them in the media designated by China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission).

The information disclosure obligor shall not publish information on the company's website and other media before the designated media, and shall not replace the reporting and announcement obligations in any form such as news release or answering reporters' questions, and shall not replace the interim reporting obligations in the form of regular reports.

Article 7 The information disclosure obligor shall submit the information disclosure announcement and relevant documents to the securities regulatory bureau where the listed company is registered for reference, and keep them at the company's domicile for public inspection.

Article 8 Information disclosure documents shall be in Chinese. Where foreign language texts are used at the same time, the information disclosure obligor shall ensure that the contents of the two texts are consistent. If there is any ambiguity between the two versions, the Chinese version shall prevail.

Article 9