.jpg)
With an aim of standardizing behaviors such as information disclosure and trading suspension and resumption of listed companies caused by significant asset reorganization, maintaining good order in the securities market, and protecting investors’ lawful rights and interests, the Shanghai Stock Exchange (SSE) has developed the “Business Guidelines for Information Disclosure, Trading Suspension and Resumption of Listed Companies Caused by Significant Asset Reorganization” (see attachment) by integrating 8 “Memoranda of Information Disclosure of Significant Asset Reorganization of Listed Companies” and the “Notice of Strengthening Regulation on Abnormal Stock Trading Related to Significant Asset Reorganization of Listed Companies” (Shang Zheng Gong Zi [2012] No. 48 Document) in accordance with relevant regulations including the “Administrative Measures for Significant Asset Reorganization of Listed Companies” and the “Rules No. 26 on Contents and Format of Information Disclosure by Companies Publicly Issuing Securities – Application Documents for Significant Asset Reorganization of Listed Companies” of the China Securities Regulatory Commission and the “SSE Stock Listing Rules”. The business guidelines are hereby released and shall come into effect from the date of release.
Attachment: Business Guidelines for Information Disclosure, Trading Suspension and Resumption of Listed Companies Caused by Significant Asset Reorganization
