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State Environmental Protection Administration, Guiding Opinion on Strengthening the Regulatory Work on Listed Companies in Respect of Environmental Protection
国家环境保护总局关于加强上市公司环保监督管理工作的指导意见

SEPA requires listed companies to disclose information on serious environmental violations.

Date: April 2008

CLP Reference: 1600/08.02.22

Promulgated: 22 February 2008

Keywords (click to search): [environmental protectopm] [listed companies] [information disclosure] [environmental violation]

Issued: February 22 2008

Main Contents: When a major event that may have a relatively major impact on the trading prices of a listed company’s securities and derivatives and that is related to environmental protection occurs, which is not yet made known to investors, the listed company shall make a disclosure immediately and explain the cause of the event, the current condition and the impact that may be resulted. Major events mainly include:

(1) a recently promulgated environmental law, regulation, rule or industrial policy that may have a major impact on the company;

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