Circular on Issues Relevant to the Pricing of New Share Offerings
关于新股发行定价相关问题的通知
An issuer needs to convene a board meeting if the price-earnings ratio of its proposed share price is higher than the industrial average by 25%.
Share:
(Issued by the Department of Public Offering Supervision and the Department of ChiNext Offering Supervision of the China Securities Regulatory Commission on May 23 2012.)
(中国证监会发行监管部、创业板发行监管部于二零一二年五月二十三日发布。)
Issuers and sponsors:
各发行人、保荐机构：