China Securities Regulatory Commission, Contents and Formats for Information Disclosure by Companies that Offer Securities to the Public Guidelines (No. 2): Contents and Format of Annual Reports (2003 Revision)

中国证券监督管理委员会公开发行证券的公司信息披露内容与格式准则 第2号〈年度报告的内容与格式〉 (2003年修订)

February 29, 2004 | BY

clpstaff &clp articles

Listed companies are required to diclose information on negotiable share holders, asset losses, history of funds appropriation, and external security provision.

Clp Reference: 2330/03.12.22 Promulgated: 2003-12-22 Effective: 2003-12-22

Issued: December 22 2003
Effective: as of date of issue
Interpreting authority: China Securities Regulatory Commission

Main contents: In the revised Guidelines, more content is added to Articles 25, 36, 42 and 47. Companies are now required to disclose information regarding details of the top ten holders of negotiable shares, the handling of major asset losses, appropriation of funds for the controlling shareholder's or its affiliates' own use, and the provision of external security by the company.
Related legislation:PRC Company Law (Amended), Oct 27 2005, CLP 2005 No.10 p21; PRC Securities Law (Amended), Oct 27 2005, CLP 2006 No.1 p31 and Several Issues Concerning the Regulation of Cash Flows Between Listed Companies and Their Affiliates and Security Provided to Outside Parties by Listed Companies Circular, Aug 28 2003, CLP 2003 No.8 p62

clp reference:2330/03.12.22
promulgated:2003-12-22
effective:2003-12-22

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]