Recently, Shenzhen Stock Exchange (SZSE) developed and released the "Memorandum of Media Conference on Major Assets Restructuring", clearly setting forth the circumstance, method and information disclosure of media conferences need holding when a listed company reveals a scheme for major assets restructuring. This is a move taken to fully implement China Securities Regulatory Commission's (CSRC's) regulatory idea of "legal, strict and comprehensive regulation", improve the efficiency and pertinence of major assets restructuring information disclosure, and fully protect investors' right to know and participate.
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