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CIRCULAR OF THE CHINA SECURITIES REGULATORY COMMISSION ON TIME INTERVAL OF RESTARTING SHARE-TRADING REFORM ON THE FAILING OF SCHEME FOR SHARE-TRADING REFORM BY MEETING OF RELEVANT SHAREHOLDERS

Circular of the China Securities Regulatory Commission on Time Interval of Restarting Share-trading Reform on the Failing of Scheme for Share-trading Reform by Meeting of Relevant Shareholders

Zheng Jian Fa [2006] No. 112

All the listed companies and the shareholders thereof and all the recommending institutions:

For the purpose of promoting the share-trading reform of listed companies, letting listed companies as many as possible accomplish the share-trading reform in time, in accordance with the Measures for the Administration of the Share-trading Reform of Listed Companies ( Zheng Jian Fa [2005] No. 86), we hereby notify the issues concerning the time interval of restarting share-trading reform on the failing of scheme for share-trading reform by meeting of relevant shareholders;

1.

If the scheme for share-trading reform is failed by the meeting of relevant shareholders, one month after the meeting of relevant shareholders, the holders of non-tradable shares may again entrust the board of directors of the company to call in the relevant shareholders for a meeting on the share-trading reform, in accordance with the regulations of Article 5 in the Measures for the Administration of the Share-trading Reform of Listed Companies.

2.

This circular shall enter into effect as of the date of promulgation.

The China Securities Regulatory Commission

September 26, 2006

  China Securities Regulatory Commission 2006-09-26  


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