Industrials, Communication Sep 03, 2021 08:34 PM (GMT+8)
Financial Associated Press, September 3 - the measures for continuous supervision of listed companies of Beijing stock exchange (Trial) (Draft for comments) issued by the CSRC pointed out that the Beijing stock exchange should formulate relevant provisions on the listing conditions of joint-stock companies with special voting rights. For a company that is not profitable at the time of listing, the lock period of shares held by its controlling shareholders, actual controllers, directors, supervisors and senior managers before public offering to unspecified qualified investors and listing shall be appropriately extended, and the specific period shall be stipulated by the Beijing stock exchange. The specific implementation rules for listed companies to carry out employee stock ownership plans shall be formulated separately by the Beijing stock exchange in accordance with the relevant provisions of the CSRC.
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