Shenzhen Stock Exchange, Investor Relations Administration of Listed Companies Guidelines

Issued: October 23 2003
Applicability: "Investor relations administration" means listed companies using various activities to strengthen their communication with investors and potential investors to increase the investors' knowledge of the listed company (Article 2).

Main contents: Part Three of the Guidelines sets out the principles and requirements for listed companies' voluntary disclosure of information not required by laws, regulations or rules. Investor relations activities may be carried out through shareholders' meetings, websites, analysts' meetings, results presentations, road shows, one-to-one communications, on-site visits, as well as telephone consultations. Listed companies may engage a professional investor relations consultant to advise on, plan and handle investor relations. Listed companies may not disclose important information in advance to securities analysts, fund managers or news media.
Related legislation: PRC Company Law (Amended), Oct 27 2005, CLP 2005 No.10 p21 and PRC Securities Law (Amended), Oct 27 2005, CLP 2006 No.1 p31