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    SFC Will Set Up Gem Advisory Committee

    2011/9/30 9:03:00 53

    SFC Gem Expert Advisory Committee

    The SFC announced on 29 may the working rules of the gem Advisory Committee (Trial Implementation), which has been implemented since October 1st.

    The members of the Advisory Committee are composed of experts from outside the SFC. They are 15 members, and each term is 3 years.


    The SFC said that in order to further develop the growth enterprise market to the state

    Economics

    The supporting role of structural pformation, strengthening the support and guidance of the growth enterprise market for strategic emerging industries, and doing a good job in auditing the issuance of gem, has been decided by the SFC to set up an expert advisory committee for gem.

    The Advisory Committee is a very established body.

    In the process of accepting and examining enterprises' initial public offerings and listing in the gem, the issuing and auditing functional departments may consult the Advisory Committee members through the corresponding procedures if they consider it necessary to consult the Advisory Committee.


    At the stage of application and acceptance of the enterprise, if the issuing and auditing functional department considers that the issue of the applicant is in line with the gem positioning, it is necessary to further demonstrate that it is necessary to seek expert advice and consult the Advisory Committee. In the audit stage of the accepted enterprise, if the issuing and auditing functional department considers that it is necessary to seek expert advice on the issue of the applicant's industry, industry, technology or other related aspects, he may consult the Advisory Committee.

    Consultation


    The rules stipulate that the Advisory Committee holds at least one plenary meeting of the Advisory Committee every year.

    The plenary session of the Advisory Committee will summarize the relevant work of the Advisory Committee and put forward suggestions and suggestions for future work.


     
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