【正文】 the pany39。s shares have been pledged, frozen, put into judicial auction or receivership, placed under a trust, or the voting rights of such shares have been restricted pursuant to law。（15）a seal, seizure, freezing, mortgage or pledge of the main assets。（16）a suspension of the main or entire business operations。（17）a significant guarantee provided to an external party。（18）a receipt of largesum government subsidies that may yield extra gains, and which, significantly affects the assets, liabilities, rights and interests or business result of the pany。（19）a change in accounting policies or accounting estimates。（20）a correction ordered by the relevant authorities or decided by the board of directors, for errors or false information disclosed or a failure to disclose in a previous period。and（21）any other circumstance stipulated by the 31 A listed pany shall perform, the duty of information disclosure of a significant event, as soon as any of the following circumstances arise:（1）when the board of directors or board of supervisors pass a resolution on the significant event。（2）when the relevant parties conclude a letter of intent or agreement in respect of the significant event。or（3）when the directors, supervisors or senior management personnel bee aware and report the significant listed pany shall timely disclose the status of all relevant matters and risk factors which may affect the development of the significant event where any of the following circumstances occur before the events mentioned in the preceding paragraph:（1）keeping the significant event confidential is difficult。（2）the significant event has been divulged or a rumour thereto surfaces in the market。or（3）trading activity in the securities and derivatives of the pany is 32 Where the listed pany has disclosed a significant event and the disclosure may develop or change the trading prices of a listed pany39。s securities and derivatives substantially, the development or change and the likely effect must be disclosed 33 Where a significant event as mentioned under Article 30, occurring to a subsidiary controlled by a listed pany, may substantially affect the trading prices of the listed pany39。s securities and derivatives, the listed pany shall have a duty to disclose the a significant event occurring to a joint stock pany of a listed pany may substantially affect the trading prices of the listed pany39。s securities and derivatives, the listed pany shall have a duty to disclose the 34 Where any acquisition, merger, division, issuance of shares, share buyback or other conduct involving a listed pany may result in a significant change to the total share capital, shareholders or de facto controllers of the listed pany, the information disclosure obligors shall perform reporting and announcement obligations and disclose the changes in rights and interests pursuant to 35 A listed pany shall monitor any unusual trading activity in the securities and derivatives of the pany and media reports on the any unusual securities and derivatives trading activity or media news may significantly affect trading of the pany39。s securities and derivatives, the listed pany shall timely gather the facts from the relevant parties and make written queries where controlling shareholders, de facto controllers of the listed pany and other persons acting in concert shall timely and accurately notify the listed pany of any proposed equity transfer, assets restructuring or other significant event, and cooperate with the listed pany in making proper information 36 Where the CSRC or the stock exchange deems the trading of any securities and derivatives of a pany as unusual, the listed pany shall timely assess the factors which caused such unusual securities and derivatives transactions and make a timely 5ADMINISTRATION OF INFORMATION DISCLOSURE MATTERSArticle 37 Listed panies shall formulate a system of managing information disclosure system of managing information disclosure matters shall include:（1）defining the information to be disclosed by the listed pany and determining the disclosure standards。（2）the procedures for the transmission, review and disclosure of information that has yet to be made public。（3）the duties of the information disclosure department and its personincharge of information disclosure。（4）the reporting, review and disclosure duties of the directors, board of directors, supervisors, board of supervisors and senior management personnel。（5）the system of recording and maintaining records of the duties performed by the directors, supervisors and senior management personnel。（6）the measures for maintaining the confidential undisclosed information, and the scope and duties of confidence of insiders with confidential information。（7）the internal systems of control and supervision over financial management and accounting functions。（8）the procedures for the application, examination and release of information to external parties。and the modes of munication with investors, securities services organisations and the media。（9）the system of archiving documents and materials relevant to information disclosure。（10）the systems of managing and reporting information disclosure matters involving subsidiaries。and（11）the system of accounting for information disclosure failures pursuant to the provisions and the actions to be taken against personnel who violate the listed pany39。s system of managing information disclosure matters shall be reviewed and adopted by the board of directors, and filed for records with the securities regulatory authorities at the place of registration and the stock 38 The directors, supervisors and senior management personnel of a listed pany shall, be diligent and responsible, monitor the preparation of information disclosure documents, ensure timely disclosure of regular reports and interim reports within the stipulated periods, cooperate with the listed pany and other information