Decision to Amend the Administrative Measures for Initial Public Offerings and Listing of Stocks

Decision to Amend the Administrative Measures for Initial Public Offerings and Listing of Stocks
Decision to Amend the Administrative Measures for Initial Public Offerings and Listing of Stocks

Order of the China Securities Regulatory Commission No. 196

April 8, 2022

The Decision to Amend the Administrative Measures for Initial Public Offerings and Listing of Stocks, adopted at the second executive meeting of the China Securities Regulatory Commission of 2022 on March 24, 2022, is hereby promulgated, and shall come into force on the date of promulgation.

Yi Huiman, Chairman of the of China Securities Regulatory Commission:

Attachment 1: Decision to Amend the Measures for the Administration of Initial Public Offerings and Listing

The first paragraph of Article 9 is amended to read: “An issuer which is a company limited by shares shall have a history of at least three years of continuous operations”.

This Decision shall take effect on April 8, 2022.

The Administrative Measures for Initial Public Offerings and Listing of Stocks shall be amended in accordance with this Decision and re-issued.
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