The Shanghai Stock Exchange (SSE) has revised the “SSE Measures for Assessment of Listed Companies’ Information Disclosure” to better carry out the assessment work, adapt to the new requirements for information disclosure of listed companies in regulatory transformation, and guide the listed companies to continuously improve the disclosure quality. The assessment on the promotion of regulatory transformation and the improvement of information disclosure’s effectiveness by the SSE has been added in the revision. Besides, the assessment system featuring score deduction has been adjusted to a score adding and reduction system characterized by a combination of subjective and objective assessments, with the scoring standard adjusted accordingly.
Furthermore, the revision has included the assessment on secretaries to directorates into the assessment on listed companies’ information. That is, the SSE will not separately assess on secretaries to directorates. Thus, the SSE has synchronously revised the “SSE Measures for Regulation of Listed Companies’ Secretaries to Directorates (Revised in 2011)”, abolishing the regulations about assessment in Chapter 5, and accordingly revising the contents about assessment in Articles 1, 7, 28, 36 and 38.
The SSE hereby releases the “SSE Measures for Assessment of Listed Companies’ Information Disclosure (Revised in 2015)” (see attachment 1) and the “SSE Measures for Regulation of Listed Companies’ Secretaries to Directorates (Revised in 2015)” (see attachment 2), which shall be put into effect as of the release day. All listed companies and market participants are required to abide by them.