Answering Reporters'Questions On Listing Arrangements For First Batch Of Companies On Shanghai Stock Exchange and Shenzhen Stock Exchange Main Boards Under The Registration-Based IPO System

Q: On February 17, CSRC, SSE and SZSE released the policies and rules on the implementation of the registration-based IPO system reform across the board. The first batch of companies under the registration-based IPO system on the main boards have obtained CSRC’s registration approval and have initiated their issuance and listing work. When are the first batch of companies expected to get listed?

A: First, we are grateful for the care and support from all parties of the society on the implementation of the registration-based IPO system reform work across the board. Under the leadership of CSRC and with joint efforts of all market participants, the first 10 companies under the registration-based IPO system on the main boards of SSE and SZSE have completed issuance and met listing requirements.

So far, all preparations for the listing of the first batch of companies under the registration-based IPO system on the main boards have been completed and the time is ripe for listing. We will hold the listing ceremony for the first batch of companies on April 10 (Monday).