The Commission Has Not Yet Received A New IPO Application.

< p > for rumors that media registration will suspend the registration system reform, "a href=" //www.sjfzxm.com/news/index_c.asp "> SFC" /a "press spokesman Deng Ge said yesterday that promoting the registration system reform of stock issuance is a clear request made by the party in the third Plenary Session of the 18th CPC Central Committee, and is also an important breakthrough in promoting the pformation of capital market regulation, and the reform is of great significance.

The SFC is actively studying and demonstrating the issue of promoting registration reform with relevant units.

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< p > he also said that registration system implementation needs a process, and it is necessary to amend the securities act as a precondition.

During the pitional period, the SFC will fully implement the opinions on further promoting the reform of < a href= "//www.sjfzxm.com/news/index_c.asp" > IPO system < /a >. In the existing legal framework, it will improve the efficiency of issuance audit, optimize the issuance audit process, enhance the pparency of issuance audit, publicize the audit process and audit opinions, and make the trial process open to the public to create conditions for the pition to registration system.

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< p > in accordance with the work arrangements announced by the SFC, the IPO enterprises which had already passed the meeting in the early January and completed the meeting have already obtained the approval documents for the issue. The rest of the enterprises, except individual enterprises, are going to make a supplement to the 2013 annual report. In the first instance of the trial companies and the new reporting enterprises, they are required to submit the pre disclosure materials and the 2013 annual reports according to the regulations, and fulfill the requirements of the Reform Opinions of the IPO system before they can enter the audit process.

It is estimated that the IPO panel will not be held until March.

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< p > in addition, in response to suggestions, the new roadshow can not answer the content of the prospectus at the scene, and the roadshow should be reunified to an online roadshow. Deng Ge responded that the answer to the "on site reply should not exceed the content of the prospectus" is inaccurate.

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< p > he said, < a href= "//www.sjfzxm.com/news/index_c.asp" > prospectus < /a > is the core basic legal document about issuer's information in the process of IPO issuance. It should disclose the information truthfully, accurately and integrally in accordance with the relevant provisions of the securities law, and shall not have false records, misleading statements or major omissions, and shall be fair to all investors.

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< p > < < Regulations on the issuance and underwriting of securities > > stipulates that issuers and underwriters should not disclose other information of issuers other than public information such as prospectus and so on, in order to prevent issuers and underwriters from evading regulatory disclosure information or unfair disclosure of information to different investors.

The above provisions do not prohibit issuers and underwriters from disclosing other public information other than the prospectus.

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< p > Deng Ge said, "the opinions of the general office of the State Council on Further Strengthening the protection of the legitimate rights and interests of small investors in the capital market" require the protection of the right to know of small investors.

The SFC will continue to implement the above requirements, and further take targeted measures to strengthen the process supervision, conduct supervision and accountability after the roadshow promotion, earnestly safeguard the "three principles" and protect the legitimate rights and interests of investors, especially small and medium-sized investors.

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