The Shenzhen Stock Exchange Launched The Letter Through Pilot.

The launch of this initiative will prompt the letter.

It is reported that the Shenzhen Stock Exchange intends to disclose the "through train" system in the late October in some pilot companies of the three sectors.

Information disclosure "through train" is a way of information disclosure that listed companies directly submit to the designated disclosure media through the Shenzhen Stock Exchange's technical platform according to the requirements of the Shenzhen Stock Exchange's business rules.

This disclosure mode means that the information disclosure of listed companies does not need to be examined in advance by the Shenzhen Stock Exchange.

The introduction of information disclosure through train will promote the development of information disclosure supervision mode from "prior audit" to "post audit".

In line with the principle of smooth start and controllable risk, the Shenzhen Stock Exchange intends to select 155 listed companies, such as Vanke A, in the past three years.

Compared with the information disclosure method of performing prior audit,

The relevant person in charge of the Shenzhen Stock Exchange said that the implementation of the information disclosure direct vehicle is an inevitable result of the development of the capital market and the continuous improvement of the degree of electronic disclosure of the listed companies in the Shenzhen Stock Exchange.

First of all, capital market planning in 12th Five-Year requires market players to return to their duties.

With the increasing complexity of listed companies and the increasing number of companies, the traditional information disclosure system is not conducive to the improvement of market efficiency and the initiative of listed companies.

The through-train system will strengthen the marketization restraint mechanism of information disclosure of listed companies, and further strengthen the disclosure responsibility of listed companies.

Secondly, the change of investors' information access channel promotes the change of information disclosure mode.

According to the survey, about 91% of investors obtain information from listed companies through Internet channels.

With the development of information technology, market participants have more and more requirements for the electronic content and data content of disclosure. This also puts forward new requirements for the way of information disclosure of listed companies.

Third, the maturity and perfection of the online business platform technology provided a solid technical backing for the information disclosure through train.

After more than 10 years of unremitting efforts, the Shenzhen Stock Exchange has formed an integrated and integrated e-commerce platform covering information disclosure regulation, listed companies, members, funds, sponsors, media and investor interaction platforms.

These technological achievements are the technical guarantee for the opening of information disclosure through trains.

Finally, the quality of information disclosure of listed companies increases year by year, which provides a business basis for direct disclosure.

After the implementation of the through train disclosure system, the exchange will start the post review mechanism in a timely manner, and will promptly urge the company to add or correct the problems arising from the disclosure.