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Shenzhen Stock Exchange Initiates Immediate Response to Earthquake In Sichuan

Date 22/04/2013

SZSE initiated contingency plans to maintain sound financial services and safe stable market operation immediately after earthquake struck Lushan County of Ya’an, Sichuan Province on Saturday April 20, 2013. 

SZSE made immediate contacts with Sichuan Branch Office of China Securities Regulatory Commission for information about the disaster. SZSE also promptly contacted listed companies in Sichuan Province and assisted in assessing damages and disclosing related information about disaster consequences over corporate business. Thanks to concerted efforts, all 55 listed companies in Sichuan have released disaster announcements as of Sunday April 21.

SZSE’s Membership Supervision Department implemented safety checks on securities companies’ communication lines to ensure normal communication according to the contingency plan.

Meanwhile SZSE, along with the Sichuan Branch Office of CSRC, set up a special hotline to keep abreast with the earthquake’s further influence over listed companies and securities institutions in Sichuan Province and provide relevant and timely assistance.

SZSE staff, concerned about the earthquake disaster in Sichuan, have started donations to assist disaster relief effort in Sichuan. SZSE will actively participate in earthquake relief and reconstruction works in response to national calls for action. SZSE will join the people in disaster-stricken areas in overcoming difficulties and braving the hardship.