CHI NEEQ Report Preparation Q1 2024

On Mar. 21, CHI NEEQ reminded listed companies to prepare reports.

  • CHI NEEQ reminded base tier and innovation tier listed companies to voluntarily disclose Q1 reports; companies preparing for listing are encouraged to disclose.
  • Listed companies planning to go public on Beijing Stock Exchange, those applying for approval for targeted issuance, and certain FIs, are required to make disclosures.
  • Reservation Arrangements
  • Listed companies should confirm disclosure times with their sponsor securities firms.
  • Changes to disclosure times should be requested at least 5 trading days in advance.
  • Q1 report reservation system opens on Apr. 1, and must be completed by Apr. 5, 2024.
  • Disclosure Arrangements
  • Q1 2024 report deadline is Apr. 30, 2024; listed companies unable to meet deadline should inform their sponsors with reasons, progress, and a new disclosure estimate.
  • Failure to disclose without valid reasons by Apr. 30 will result in regulatory action.
  • Sponsoring Securities Firms
  • Sponsoring securities firms should encourage timely disclosure, conduct pre-reviews.
  • They shall request corrections or supplements if false/misleading information found.
  • Non-standard audit opinions should be disclosed concurrently with the Q1 reports.
  • Sponsoring securities firms should report significant issues to the regulatory authority.
  • Effectiveness
  • The deadline for Q1 2024 reports is Apr. 30, 2024.

Regulators CHI NEEQ
Entity Types Auditor; B/D; Corp; Exch
Reference RN NEEQ No. 33 (2024), 3/21/2024
Functions Compliance; Financial; Reporting
Countries China
Products Corporate; Equity
Regions AP
Rule Type Final
Rule Date 3/21/2024
Effective Date 4/30/2024
Rule Id 205676
Linked to N/A
Reg. Last Update 3/21/2024
Report Section International

Last substantive update on 03/26/2024