Shenzhen Stock Exchange, Guidelines for Information Disclosure of Listed Companies No.6: Major Contracts

Issued: June 15 2007
Effective: As of date of issuance

Applicability: These Guidelines apply to the information disclosure of contracts involving major procurement, sales, project contracting and provision of services that are related to the day-to-day production and business activities of companies listed on the main board of the Shenzhen Stock Exchange (the Stock Exchange) (Article 2).

Main Contents: Where the amount of a one-time procurement contract related to the day-to-day production and business activities that is concluded by a listed company accounts for 50% or more of the audited total assets of the company of the previous reporting period, and the absolute amount exceeds Rmb1 billion, it shall be disclosed in accordance with the requirements of these Guidelines (Article 3). Where the amount of a one-time sales, project contracting or service provision contract related to the day-to-day production and business activities that is concluded by a listed company accounts for 50% or more of the audited income from the main business of the company of the previous reporting period, and the absolute amount exceeds Rmb1 billion, it shall be disclosed in accordance with the requirements of these Guidelines (Article 4). Apart from the aforementioned two articles, if the performance of a contract is likely to have a major impact on the financial status or business performance of the company, as determined by the listed company, or by the Stock Exchange according to the actual circumstances, the company shall disclose the same in accordance with the requirements of these Guidelines (Article 5).