中国证券法英文版Chinese Securities Law English Version 1.docx
- 文档编号:5776158
- 上传时间:2023-01-01
- 格式:DOCX
- 页数:50
- 大小:40.82KB
中国证券法英文版Chinese Securities Law English Version 1.docx
《中国证券法英文版Chinese Securities Law English Version 1.docx》由会员分享,可在线阅读,更多相关《中国证券法英文版Chinese Securities Law English Version 1.docx(50页珍藏版)》请在冰豆网上搜索。
中国证券法英文版ChineseSecuritiesLawEnglishVersion1
中国证券法英文版ChineseSecuritiesLaw(EnglishVersion1)
SecuritiesLawofthePeople’sRepublicofChina
DecreeNo.43ofthePresidentofthePeople’sRepublicofChina
Passedbythe6thSessionoftheStandingCommitteeoftheNinthNationalPeople’sCongresson29December1998
RevisedinaccordancewiththeDecisiononRevisionofthe“SecuritiesLawofthe
People’sRepublicofChina”passedbythe11thSessionoftheStandingCommitteeoftheTenthNationalPeople’sCongresson28August2004
Revisedbythe18thSessionoftheStandingCommitteeoftheTenthNationalPeople’sCongresson27October2005
ChapterI—GeneralPrinciples
Article_1
ThisLawispromulgatedforthepurposesofstandardizingissuanceandtradingofsecurities,protectingthelegalrightsandinterestsoftheinvestors,safeguardingsocialandeconomicorderandpublicinterestandpromotingthedevelopmentofthesocialistmarketeconomy.
Article_2
TheprovisionsofthisLawshallapplytotheissuanceandtradingofshares,corporatebondsandothersecuritiesdeterminedbytheStateCouncilwithinthePeople’s
RepublicofChinainaccordancewiththeprovisionsofthelaw.WheretherearenorelevantprovisionsinthisLaw,theprovisionsoftheCompanyLawofthePeople’s
RepublicofChinaandotherlawsandadministrativeregulationsshallapply.
TheprovisionsofthisLawshallapplytothetradingoflistedtreasurybondsandsecuritiesinvestmentfundunits.Wheretherearespecialprovisionsinotherlawsandadministrativeregulations,suchprovisionsshallprevail.
TheadministrativemeasuresonissuanceandtradingofsecuritiesderivativesshallbeformulatedbytheStateCouncilinaccordancewiththeprincipleofthisLaw.
1
Article_3
Issuanceandtradingofsecuritiesshallcomplywiththeprinciplesoftransparency,equityandfairness.
Article_4
Partiesengaginginissuanceandtradingofsecuritiesshallenjoyequallegalstatusandshallcomplywiththeprinciplesofvoluntaryparticipation,compensationandhonestyandtrustworthiness.
Article_5
Issuanceandtradingofsecuritiesshallcomplywiththeprovisionsoflawsandadministrativeregulations;fraud,insidertradingandmanipulationofthesecuritiesmarketshallbeprohibited.
Article_6
Thesecuritiesindustryandbankingindustry,trustindustryandinsuranceindustryshallimplementindustryoperationsandadministrationseparately;securitiescompanies,banks,trustorganizationsandinsuranceorganizationsshallbeestablishedseparately,unlessotherwiseprovidedbytheState.
Article_7
ThesecuritiesregulatoryauthoritiesoftheStateCouncilshallimplementunifiedsupervisionandadministrationonthesecuritiesmarketnationwideinaccordancewiththeprovisionsofthelaw.
ThesecuritiesregulatoryauthoritiesoftheStateCouncilmayestablishrepresentativeofficesbasedontheactualneedstoperformsupervisionandadministrationdutiesasauthorized.
Article_8
UndertheprerequisiteofunifiedStatesupervisionandadministrationonissuanceandtradingofsecuritiesandthesecuritiesindustryassociationshallbeestablishedinaccordancewiththeprovisionsofthelawtoimplementself-governance.
2
Article_9
Stateauditauthoritiesshallcarryoutauditandsupervisionoverstockexchanges,securitiescompanies,securitiesregistrationandsettlementorganizationsandsecuritiesregulatoryauthoritiesinaccordancewiththeprovisionsofthelaw.
ChapterII—IssuanceofSecurities
Article_10
PublicofferingofsecuritiesshallsatisfythecriteriaprovidedinthelawsandadministrativeregulationsandobtaintheapprovalofthesecuritiesregulatoryauthoritiesoftheStateCouncilorauthorizeddepartment(s)oftheStateCouncilinaccordancewiththeprovisionsofthelaw.Noorganizationorindividualshallissuesecuritiesforpublicofferingwithoutobtainingpriorapprovalinaccordancewiththeprovisionsofthelaw.
Thefollowingsituationsshallbedeemedasapublicoffering:
(1)offeringofsecuritiestonon-specifictargets;
(2)offeringofsecuritiestomorethan200specifictargets;and
(3)otherofferingsprovidedbythelawsandadministrativeregulations.Privateofferingofsecuritiesshallnotcarryoutadvertising,opensolicitationanddisguisedpublicitycampaigns.
Article_11
Issuersapplyingtomakeapublicshareofferingortoissueconvertiblecorporatebondsbywayofunderwritinginaccordancewiththeprovisionsofthelawortomakeapublicofferingofothersecuritieswhichrequireasponsorasprovidedbythelawsandadministrativeregulationsshallappointaqualifiedorganizationtoactasasponsor.
Asponsorshallcomplywithbusinessrulesandindustrynormsandtheprinciplesofhonestyandtrustworthinessandduediligencetoconductduediligencereviewontheapplicationdocumentsandinformationdisclosureoftheissuerandsupervisetheconductoftheissuer.
3
ThequalificationsofsponsorsandtherelevantadministrativemeasuresonsponsorsshallbeprovidedbythesecuritiesregulatoryauthoritiesoftheStateCouncil.Article_12
PublicofferingofsharesfortheestablishmentofacompanylimitedbysharesshallsatisfythecriteriastipulatedintheCompanyLawofthePeople’sRepublicofChina
andotherrequirementsprovidedbythesecuritiesregulatoryauthoritiesoftheStateCouncil;anapplicationforshareofferingandthefollowingdocumentsshallbesubmittedtothesecuritiesregulatoryauthoritiesoftheStateCouncil:
(1)articlesofassociationofthecompany;
(2)founders’agreement;
(3)nameofthefounders,sharessubscribedbythefounders,typeofcapitalcontributionandcapitalverificationcertificate;
(4)prospectus;
(5)nameandaddressofthereceivingbank;and
(6)nameoftheunderwriterandtherelevantagreement.
Thesponsor’sletterforissuanceissuedbythesponsorshallbesubmittedifasponsor
isappointedinaccordancewiththeprovisionsofthisLaw.
Wherethelawsandadministrativeregulationsprovidethattheestablishmentofacompanyrequiresapproval,therelevantapprovaldocumentsshallbesubmitted.Article_13
Acompanyproposingtomakingapublicofferingofnewsharesshallsatisfythefollowingrequirements:
(1)ithasaproperandwell-functioningorganizationstructure;
(2)ithasmadeprofitsinconsecutiveyearsandisingoodfinancialstanding;(3)itsfinancialaccountingdocumentsinthepastthreeyearsdonotcontainanyfraudulententriesandithasnotcommittedamajorviolationoflaw;and(4)otherrequirementsprovidedbythesecuritiesregulatoryauthoritiesoftheStateCouncil.
4
PrivateofferingofnewsharesbylistedcompaniesshallsatisfythecriteriastipulatedbythesecuritiesregulatoryauthoritiesoftheStateCouncilandtheapprovalofthesecuritiesregulatoryauthoritiesoftheStateCouncilisrequired.
Article_14
AcompanyproposingtomakeapublicshareofferingshallsubmitanapplicationforshareofferingandthefollowingdocumentstothesecuritiesregulatoryauthoritiesoftheStateCouncil:
(1)businesslicenseofthecompany;
(2)articlesofassociationofthecompany;
(3)resolutionofashareholders’generalmeeting;
(4)prospectus;
(5)financialaccountingreport;
(6)nameandaddressofthereceivingbank;and
(7)nameoftheunderwriterandtherelevantagreement.
Thesponsor’sletterforissuanceissuedbythesponsorshallbesubmittedifasponsor
isappointedinaccordancewiththeprovisionsofthisLaw.
Article_15
Companiesshallusetheproceedsfromtheirpublicshareofferingfortheusagepurposesetoutintheprospectus.Wheretheproceedsareproposedtobeusedforadifferentusagepurpose,aresolutionofashareholders’generalmeetingisrequired.Whereacompanyusestheproceedsforadifferentusagepurposearbitrarilyandfailstomakecorrectionorsuchactisnotratifiedbyashareholders’generalmeeting,itshallbeprohibitedfrommakingapublicofferingofnewshares.
Article_16
Apublicofferingofcorporatebondsshallsatisfythefollowingrequirements:
(1)thenetassetsofacompanylimitedbysharesshallnotbelessthanRMB30million;thenetassetsofalimitedliabilitycompanyshallnotbelessthanRMB60million;
5
(2)thecumulativebalanceofcorporatebondsshallnotexceed40%ofthecompany’snetassets;
(3)theaveragedistributableprofitsinthepastthreeyearsaresufficienttopayoutinterestforoneyearofthecorporatebonds;
(4)theusagepurposeoftheproceedsshallcomplywithStateindustrialpolicies;(5)thecouponrateofthecorporatebondsshallnotexceedthecouponratestipulatedbytheStateCouncil;and
(6)otherrequirementsstipulatedbytheStateCouncil.
Theproceedsfromapublicofferingofcorporatebondsshallbeusedforapprovedpurpose(s)onlyandshallnotbeusedtomakeupforlossesortopayfornon-productionexpenses.
Listedcompaniesissuingconvertiblecorporatebondsshall,inadditiontotherequirementsstipulatedinitem
(1),satisfytherequirementsstipulatedinthisLawforpublicofferingofshares;andshallobtaintheapprovalofthesecuritiesregulatoryauthoritiesoftheStateCouncil.
Article_17
Companiesproposingtomakeapublicofferingofcorporatebondsshallsubmitthefollowingdocumentstotheauthorizeddepartment(s)oftheStateCouncilorthesecuritiesregulatoryauthoritiesoftheStateCouncil:
(1)businesslicenseofthecompany;
(2)articlesofassociationofthecompany;
(3)methodofofferingofcorporatebonds;
(4)assetvaluationreportandcapitalverificationreport;and
(5)otherdocumentsrequiredbytheauthorizeddepartment(s)ofthe
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 中国证券法英文版Chinese Securities Law English Version 中国 证券法 英文 Chinese
![提示](https://static.bdocx.com/images/bang_tan.gif)
链接地址:https://www.bdocx.com/doc/5776158.html