CSRC: Individual companies' delisting from the United States does not affect continuing financing and development

Author:Guangming Daily Time:2022.08.13

Our newspaper, Beijing, August 12th (Reporter Wen Yuan) announced that it was announced by individual Chinese companies to initiate a delisting from the United States. The person in charge of the relevant departments of the Securities Regulatory Commission stated on the 12th that listing and delisting are the normal capital market.According to relevant companies' announcement information, these companies have strictly abide by the US capital market rules and regulatory requirements since the listing of the United States, and make delisting options for their own business considerations.These companies are listed in many places, and the proportion of securities listed in the United States is very small. The current delisting plan does not affect the continued use of domestic and foreign capital market financing and development.

The Securities Regulatory Commission proposes that the decision made by respecting enterprises in accordance with its actual situation and in accordance with the rules of overseas listing.We will maintain communication with relevant overseas regulatory agencies to jointly safeguard the legitimate rights and interests of enterprises and investors.

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