【正文】 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 。（10）the systems of managing and reporting information disclosure matters involving subsidiaries。and the modes of munication with investors, securities services organisations and the media。（7）the internal systems of control and supervision over financial management and accounting functions。（5）the system of recording and maintaining records of the duties performed by the directors, supervisors and senior management personnel。（3）the duties of the information disclosure department and its personincharge of information disclosure。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。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。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。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。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。（19）a change in accounting policies or accounting estimates。（17）a significant guarantee provided to an external party。（15）a seal, seizure, freezing, mortgage or pledge of the main assets。or where the shares of any shareholder with 5% or more of the pany39。（13）relevant resolutions on the issuance of new shares, any other refinancing scheme or share option scheme passed by the board of directors。s directors, supervisors or senior management personnel by the relevant authorities for an alleged violation of law or regulation, or the imposition of an enforcement measure。（11）an investigation of the pany by the relevant authorities for an alleged violation of law or regulation, or the imposition of a criminal penalty or severe administrative penalty on the pany。or the mencement of bankruptcy proceedings by the pany or the order for closure of the pany pursuant to law。s de facto controllers or the control of the pany。（8）a substantial change to the shareholders holding 5% or more of the pany39。or the chairman or managers39。（6）a significant change to the external conditions of production business operations of the pany。（4）a significant debt incurred by the pany for liability in default or liability for pensation and the inability to pay off the significant amount of debt incurred that is due and owing。（2）a significant property investment or acquisition decision made by the pany。s securities and derivatives, and the investors have yet to be informed, the listed pany shall timely make a disclosure。and the board of supervisors shall issue a written review opinion that sets out whether the preparation and review procedures of the board of directors ply with the laws and regulations and the provisions of the CSRC and whether the contents of the report are a true, accurate and plete reflection of the actual status of the listed the directors, supervisors and senior management personnel are unable to ensure the veracity, accuracy and pleteness of a regular report or differing views are held, their reasons and opinions shall be stated and 25 Where a listed pany foresees a loss or any major change to its operating results, a timely business result forecast must be 26 Where business results are leaked before disclosure in the regular report or where rumours on business results and unusual fluctuations in the pany39。（2）key accounting data and financial indices。（6）the financial accounting report。（4）the discussions and analyses of the management。the information on the shareholding held by the ten largest shareholders of the pany。（3）information on shares and bonds issued by the pany and the changes thereto。and（10）any other matter stipulated by the 22 A halfyearly report shall contain the following contents:（1）basic information of the