Technical change of GEM company has special requirements

1. Q: What information disclosure requirements does the gem have on the change of investor shareholding? A: According to the provisions of the Securities Act, the management measures for listed companies ' acquisitions and the gem stock trading rules, investors and their concerted actions have reached 5% of the total equity of the company in a listed company, or have reached a total share capital of 5% of the listed companies.　　Every time an investor increases or reduces the total share capital of the listed company by 5%, it shall promptly notify the listed company and issue a notice within 3rd from the date of the event, and during this period, no further sale of the shares of the listed company. In addition, according to the relatively small characteristics of the gem company equity compared to the motherboard company, "Gem stock trading Rules" also stipulates that in a listed company has reached the company's total share capital of more than 5% of the shareholders or the company's actual controller through the Shenzhen trading system to buy and sell the listed company stock,　　Every increase or decrease in the number of shares to 1% of the total share capital of the listed company shall be entrusted to the listed company within two trading days from the date of occurrence of the fact that the announcement includes the number of changes in shares, the average price, the shareholding situation before and after the change of shares.　　2. Q: Gem has special requirements on the disclosure of technological changes of listed companies, what is the specific disclosure requirements? A: When listed companies have the following aspects of the company's core competitiveness to face significant risk situations, timely disclosure of relevant information: (1) The company in the use of trademarks, patents, proprietary technology, franchise rights and other important assets or technology acquisition or use of major adverse changes; (2) The company's core technical team or key technical personnel to the company's core competitiveness has a significant impact on the resignation of personnel or the occurrence of major changes; (3) The company's core technology, key equipment, business model and so on are facing the risk of being replaced or eliminated, (4) The company gives up the continued investment or control of important core technology projects; (5)　　Shenzhen or other significant risk situations identified by the company regarding core competencies.　　In addition, when a listed company is independent or cooperates with a third party to research, develop new technologies, new products or services or make significant progress in transforming existing technologies, the Company shall disclose the important impact and possible risks in a timely manner to the company's profitability or future development.　　3, Q: The Gem of the listed companies to convene a general meeting of shareholders to stop the licensing and notice the specific provisions of the time? A: Gem to the listed companies to convene a general meeting of shareholders to stop and notice the time of the specific provisions are: (1) When a listed company holds a general meeting at the trading time of the Shenzhen Stock Exchange, the company's shares and its derived varieties shall be suspended from the date of the general meeting of the shareholders until the day of the announcement of the General Meeting resolution　　, he will be a duplicate at the opening of the first trading day after the announcement. (2) The Company shall suspend its stock and its derived varieties from the first trading day of the shareholders ' meeting at the time of the exchange, and in the first trading session or before the resolution of the general meeting of shareholders.The morning of the opening of the card.　　4. Q: Under what circumstances will the gem stock be temporarily suspended? A: When the public media has not disclosed the information, may or already on the company stock and its derivatives trading prices have a greater impact, the Shenzhen Stock Exchange can in the trading time on the company's shares and its derivative varieties of suspension, until the company disclosed the relevant notice of the day of the recovery.　　When the company discloses a date that is not on the trading day, it will be a duplicate at the opening of the first trading session after the announcement.　　At the same time, the stock of listed companies and their derivatives trading by the China Securities Regulatory Commission, Shenzhen identified as abnormal fluctuations, the company's shares and their derivatives will also be suspended until the company disclosed the relevant notice on the day 10:30 A.M., the announcement date is not trading day, the company's stock and its derivative varieties in the announcement of the first trading session after the opening of a duplicate.　　5. Q: Gem listed companies regularly report the disclosure of abnormal conditions of their shares will be suspended, is this it? A: Yes, the gem listed companies regularly reported that the following conditions, its shares will be suspended processing: (1) The listed companies do not publish annual reports, interim reports or quarterly reports within the stipulated period of time, Shenzhen on the expiration of one day after the expiry of the relevant periodic reporting period,　　The company's stock and its derivative of the implementation of the suspension of the day to be warned after the card.　　(2) The Financial accounting report of the listed company is issued with non-standard and unqualified opinions, and the matters involved in this opinion are clearly in violation of corporate accounting standards, systems and related information disclosure of the normative provisions, since the company published periodic reports, Shenzhen on the company's shares and their derivative products suspension, until the company in accordance with the provisions of the correction after the license. (3) The financial accounting reports of listed companies have important early errors or false records, if the CSRC orders its correction but fails to correct it within the specified time limit, the Shenzhen stock company will suspend its shares and its derived varieties from the expiration of one trading day after the expiry of the time limit, until the date of the disclosure of the Financial accounting report corrected. If the notice date is not a trading day, it will be a duplicate at the opening of the first trading session after the announcement. The suspension period of not more than two months, during the suspension period, the company should be issued at least three times risk notification notice.