The basic principles of corporate social responsibility information disclosure mainly include the following aspects:
(a) the principle of truthfulness, accuracy and completeness
Truthfulness, accuracy and completeness mainly refer to the contents of information disclosure. Authenticity is the first principle of information disclosure. Authenticity requires that the information disclosed by the issuer must be objective and true, and the information disclosed must be consistent with objective facts. The issuer shall ensure that the important matters disclosed and the financial and accounting materials have sufficient basis.
The principle of integrity, also known as the principle of sufficiency, requires the disclosure of information to ensure that investors can form sufficient awareness of investment judgment in quantity and nature.
The principle of accuracy requires the issuer to express its meaning accurately when disclosing information. The quoted financial report and profit forecast report shall be audited or audited by an accounting firm with securities and futures related business qualifications. The cited data should provide information sources, and the facts should be sufficient, objective and fair. Information disclosure documents shall not publish any congratulatory, advertising or flattering words.
(2) the principle of timeliness
The principle of timeliness, also known as the principle of timeliness, includes two aspects: first, it cannot exceed the statutory time limit for periodic reports; The second is the timely reporting system of important facts. When the original information changes substantially, the subject responsible for information disclosure should make changes and supplements in time, so that investors can obtain the current true and effective information. Any information has timeliness problems, and different information disclosure follows different time laws.
(3) the principle of risk disclosure
In the process of public prospectus, bond raising method, listing announcement and continuous information disclosure, the issuer briefly discloses the current situation and prospects, market competition and profitability of the issuer and its industry, and briefly describes the relevant risks to investors.
Principles of protecting trade secrets
Trade secret refers to technical information and experience information that is unknown to the public, can bring economic benefits to the obligee, is practical and kept confidential by the obligee. Where certain information disclosure remains unchanged due to special reasons such as trade secrets, the issuer may apply to the China Securities Regulatory Commission for exemption. Insider information is also a trade secret before public disclosure and should be protected. Before the issuer's information is publicly disclosed, no party may disclose relevant information in violation of regulations or seek illegitimate interests by using relevant information. Trade secrets are not bound by the principles of authenticity, accuracy, completeness and timeliness of information disclosure.