Shanghai Stock Exchange, Questions Relevant to the Implementation of the Compilation Rules for Information Disclosures and the Questions and Answers on the Standards of Listed Companies Circular

Issued: February 5 2002

Main contents: Section One of the Circular requires listed companies to fully disclose their remuneration payments to accounting firms in the annual reports. Section Two lists the documents that a listed company is required to submit when an audit opinion that is not standard and unqualified is issued on its financial report. Where such audit opinion is issued because the listed company has violated relevant accounting and disclosure rules, the Shanghai Stock Exchange will suspend the listing of the company's shares. Section Three of the Circular deals with questions relating to the supplementary auditing of listed companies.
Related legislation: Questions and Answers on the Standards for Information Disclosures by Companies That Offer Securities to the Public No.6