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The Shanghai Stock Exchange (SSE) has revised and adjusted format instructions on temporary announcements of listed companies regarding shareholders’ meeting and prediction on business performance in accordance with the “SSE Stock Listing Rules” (the “Listing Rules” for short) and the newly released “SSE Detailed Rules for Online Voting at Shareholders’ Meetings of Listed Companies (Amended in 2015)” (the “Detailed Rules” for short). Issues concerning the revisions and adjustments are specified as follows:
I. Format instructions on temporary announcements regarding shareholders’ meeting have been revised and supplemented in accordance with the “Detailed Rules”.
(1) Overall revisions have been applied to format instructions on temporary announcements of listed companies, including the “No. 13 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Noticing of Holding Shareholders’ Meeting by Listed Company”, the “No. 14 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Resolutions on Shareholders’ Meeting of Listed Company”, the “No. 73 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Postponement of Holding Shareholders’ Meeting of Listed Company”, the “No. 75 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Cancellation of Shareholders’ Meeting by Listed Company”, the “No. 76 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Adding Temporary Proposals at Shareholders’ Meeting by Listed Company”, and the “No. 78 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Noticing of Holding Shareholders’ Meeting Independently by Board of Supervisor/Shareholders of Listed Company”;
(2) The SSE has revised the former “No. 74 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Adding Online Voting for Shareholders’ Meeting of Listed Company” into the “No. 74 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Cancelling Proposals on Shareholders’ Meeting of Listed Company”;
(3) The SSE has newly added the “No. 94 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Correction and Supplementation of Shareholders’ Meeting of Listed Company”.
II. Application scopes of some format instructions on temporary announcements regarding prediction on business performance have been adjusted.
According to Paragraph 11.3.1 of the “Listing Rules”, the SSE has adjusted application scopes of the “No. 27 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Prediction of Business Performance Increase/Decrease of Listed Company”, the “No. 28 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Predicted Performance Profit of Listed Company”, and the “No. 29 Format Instruction on Temporary Announcements of Listed Companies: Announcement on Predicted Performance Loss of Listed Company”, and specified that whether the last periodical report predicted the performance of this period or not, a listed company should release relevant performance prediction announcement within one month after the end of one fiscal year in accordance with the “Listing Rules”.
The SSE hereby officially releases the above-mentioned new format instructions on temporary announcements, which shall take effect on January 26, 2015, and the former format instructions shall be abolished at the same time. Documents of the new format instructions could be found on the "Business Guides and Procedures" sub-column under the “Law & Regulation” column on the SSE’s website (www.sse.com.cn).
