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Sitong New Materials won the A-level rating in 2019 information disclosure assessment of Shenzhen Stock Exchange

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release time:2020/09/04

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       Recently, Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange") completed the information disclosure assessment of listed companies in 2019, and Hebei Sitong New Metal Materials Co., Ltd. (hereinafter referred to as "Sitong New Materials") obtained the A-level rating of information disclosure assessment in 2019.

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      The evaluation results are divided into four grades: A, B, C and D according to the quality of information disclosure of listed companies from high to low. The evaluation period is from May 1, 2019 to April 30, 2020. The assessment results show that among 2196 listed companies in Shenzhen Stock Exchange, 387 companies with assessment results of A, accounting for 17.62%; 1400 companies with assessment result of B, accounting for 63.75%; 314 companies with assessment result of C, accounting for 14.30%; There are 95 companies whose assessment result is D, accounting for 4.33%.

      On September 4, 2020, Shenzhen Stock Exchange issued the notice of the Assessment Measures for Information Disclosure of Listed Companies in Shenzhen Stock Exchange (revised in 2020), which put forward higher requirements for the quality of information disclosure and standardized operation level of listed companies. At the same time, Shenzhen Stock Exchange has increased its efforts to support the excellent. For listed companies that are assessed as A, within the scope of their audit responsibilities, Shenzhen Stock Exchange provides convenient services for their equity, bond financing and other businesses in accordance with laws and regulations. In addition, it will also provide targeted training services for the company and give priority to recommending senior executives of the company as members of relevant professional committees.

      Sitong New Material obtained the A-grade rating of information disclosure assessment, which is highly recognized by the securities regulatory authority for the standardized operation of the company, the conscientious performance of duties by directors, supervisors and senior managers, and the truthfulness, accuracy and integrity of information disclosure. Stone New Materials will also continue to adhere to standardized operation, constantly improve the quality of information disclosure, effectively protect the legitimate rights and interests of investors, and establish a good capital market image!