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To Continue Optimizing Information Display And Improving Investor Services - Shenzhen Stock Exchange’s Innovation On Information Disclosure - The Concise Display Achieves Satisfying Results

Date 18/03/2016

Shenzhen Stock Exchange, an important basic platform for the capital market to back the real economy and to meet the strategic needs of the state, has been committed to promoting and building an investor-driven market services system. In October 2015, to improve investor experiences and make it easier for investors to obtain information speedily and directly from the vast amount of announcements issued by listed companies, Shenzhen Stock Exchange, in collaboration with CNINF, released the concise display function for information disclosed by listed companies, a new function which optimizes the disclosed information by highlighting key announcements, revising the homepage of CNINF and improving the screening of and searching for announcements.

Following the release of the new function, Shenzhen Stock Exchange delivered the training program for companies listed in the Shenzhen stock market by remote webcast, familiarizing them with the concise display function of information disclosure and helping them properly chose the announcements to be displayed with priority. With the arrival of the peak for annual reports disclosing, recently Shenzhen Stock Exchange issued the Operating Guide on Concise Display for Information Disclosure of Listed Companies to further instruct and regulate listed companies to properly make use of the new function during information disclosure.

At the same time, Shenzhen Stock Exchange continues to track the operation of the new function by collecting and adopting advices from investors and listed companies for the purpose of optimization and to expand the preferential announcements from the homepage of CNINF to those of the listed companies. Furthermore, the Exchange also improved the concise display function by prioritizing the display of the announcements prior to the release of the new function by the standard of importance for announcements adopted by CNINF, making it more convenient for investor to check the key announcements.

It has been about 5 months since the new function was first released. Statistics revealed that, the number and contents of the announcements disclosed by listed companies being unchanged, the preferential announcements to be displayed account for 61% of the total announcements; the announcements are effectively highlighted which bear a closer relation with the investors. Innovated by Shenzhen Stock Exchange to improve investor services, the concise display function for information disclosure will assist investors, especially medium and small ones, in capturing important information from the listed companies. The new function catches on among investors in that it has greatly improved user experience and rendered information disclosing more effective,

The Exchange would continue to explore and innovate, expressed a related officer of Shenzhen Stock Exchange, and to provide information customization services. User accounts of CNINF would be authenticated and certified on “Interact Easy”, and vice versa, in which way investors would have more convenient and speedy accesses to information. The Exchange will continue to build and perfect a diversified services system.