Does the announcement of listed companies issued by Juchao Information Network have legal effect?

Yes According to the official information of the CSRC, all the announcements of Juchao Information Network are legal and protected by law, so the announcements of listed companies have legal effect. Juchao Information Network is the information disclosure website of listed companies designated by China Securities Regulatory Commission. The platform provides listed company announcements, company information, online voting at shareholders' meetings and other content functions.