【正文】 s information disclosure matters, the collation of information to be disclosed by the listed pany and reporting o。and investigate any information disclosure in violation of law and regulations and propose the actions to be taken, when monitoring the circumstances for information written review opinion on a regular report by the board of supervisors must state whether preparation and review procedures ply with the laws, administrative regulations and provisions of the CSRC, and whether the contents of the report truthfully, accurately and pletely reflect the actual status of the listed 44 Senior management personnel shall timely report any significant event pertaining to the pany39。 meeting, road show, investor participation in research and investigation or any other method but no insider information must be 42 Directors must understand and monitor, the pany39。the secretary to the board of directors shall be responsible for organising the disclosure of regular 40 A listed pany shall formulate the reporting, transmission, review and disclosure procedures for significant the directors, supervisors and senior management personnel bee aware of a significant event, they shall immediately perform reporting obligations pursuant to the provisions of the pany。the chairman shall be responsible for convening and chairing a board of directors meeting to review a regular report。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 disclosure obligors in their performance of information disclosure 39 A listed pany shall formulate the preparation, review and disclosure procedures for regular managers, personincharge of finance, secretary to the board of directors and other senior management personnel shall timely prepare drafts of the regular reports for review by the board of directors。（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 managers