Issues Relevant to Pilot Reform Projects Regarding the Separation of Equity Ownership and Trading Rights of Listed Companies Circular

关于上市公司股权分置改革试点有关问题的通知

According to this Circular, the a pilot project is launched to reform the separation of equity ownership and trading rights of listed companies.

(Issued by the China Securities Regulatory Commission on, and effective as of, April 29 2005.)

(中国证券监督管理委员会于二零零五年四月二十九日发布，自发布之日起施行。)

Zheng Jian Fa [2005] No.32

证监发 [2005] 32号

All listed companies, their shareholders, sponsors, the Shanghai and Shenzhen Stock Exchanges and China Securities Depository and Clearing Corporation Limited:

各上市公司及其股东，保荐机构，上海、深圳证券交易所，中国证券登记结算公司:

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