Recently, the China Securities Regulatory Commission (CSRC) has released the Decision on Amending the List of Random Inspection Items of the China Securities Regulatory Commission (the "Decision"), effective from the date of release.
According to the Decision, the amendments this time include: (1) changing the random inspection ratio for Item 1 "Inspection of Initial Public Offering (IPO) Enterprises" as stated in the Attachment to the previous List from "randomly selected at a ratio of 5%" to "randomly selected at a ratio of 20%"; and (2) revising the basis for inspection for Item 1 "Inspection of IPO Enterprises" to "Article 61 of the Administrative Measures for the Sponsorship Service for the Offering and Listing of Securities (Issued by CSRC Order No.207, and revised by CSRC Orders No.137, No.170 and No.207)."