China Securities Regulatory Commission, Contents and Formats for Information Disclosures by Companies that Offer Securities to the Public Guidelines (No. 15): Change of Shareholdings in Listed Companies Report

Issued: November 28 2002
Effective: December 1 2002
Interpreting authority: China Securities Regulatory Commission
Applicability: The Guidelines do not apply to takeovers and changes of shareholdings of listed companies that were completed or that have occurred but whose registration of the change in share ownership has not been completed before December 1 2002.

Main contents: Any natural person, legal person or other organization that has information disclosure obligations under the PRC Securities Law and the Administration of Disclosure of Information on the Change of Shareholdings in Listed Companies Procedures is required to prepare and disclose a Change of Shareholdings in Listed Company Report in accordance with the Guidelines (Article 2). The report shall disclose the details of the information disclosure obligor(s), change of its (their) shareholdings in the relevant listed company, trading of the listed shares in the listed company during the last six months, documents for inspection and other major matters (Part Two). The directors or principal responsible persons of the information disclosure obligor shall be jointly and several liable for the truthfulness, accuracy and completeness of the contents of the report (Article 11).
Related legislation: PRC Securities Law (Amended), Oct 27 2005, CLP 2006 No.1 p31 and Administration of Disclosure of Information on the Change of Shareholdings in Listed Companies Procedures, Sep 28 2002, CLP 2002 No.9 p5