China Securities Regulatory Commission, Guidelines for Contents and Formats for Information Disclosures by Companies That Offer Securities to the Public (No.9): Application Documents for Initial Public Offerings of Shares and the Listing Thereof

Promulgated: May 18 2006
Effective: as of date of promulgation

Main contents: The catalogue of application documents appended to these Guidelines is the minimum requirement for offering application documents. The China Securities Regulatory Commission may, according to its requirement of checks and examinations, require supplementary materials from the issuer and intermediary institutions (Article 3). Application documents shall include the prospectus and offering announcement, issuer's application and authorization documents, offering sponsorship letter, financial statements and audit report, legal opinion and lawyer's work report, documents relating to the use of proceeds, franchise right certificate, important contracts, trademark, patent and proprietary technology licensing contracts, etc. Private placement companies shall also provide documents such as supporting documents on the issue of employee shares. Without consent from the China Securities Regulatory Commission, no addition to, or withdrawal or replacement of, the application documents is allowed once they have been accepted (Article 4).
Related legislation: PRC Securities Law (Amended), Oct 27 2005, CLP 2006 No.1 p.31 and Measures for the Administration of Initial Public Offerings of Shares and the Listing Thereof, May 17 2006, CLP 2006 No.6 p.5