What are the requirements for the timing of the announcement of the revision of the performance fore

According to Article 4 of the "GEM Information Disclosure Business Memorandum No. 11 - Performance Forecast, Performance Express Report and its Amendments".

The disclosure time of the first quarter results forecast amendment announcement shall not be later than April 10, the disclosure time of the semi-annual results forecast amendment announcement shall not be later than July 15, the disclosure time of the third quarter results forecast revision announcement shall not be later than October 15, and the disclosure time of the annual results forecast amendment announcement shall not be later than January 31.

The disclosure time of the first quarter results forecast amendment announcement shall not be later than April 10, the disclosure time of the semi-annual results forecast amendment announcement shall not be later than July 15, the disclosure time of the third quarter results forecast revision announcement shall not be later than October 15, and the disclosure time of the annual results forecast amendment announcement shall not be later than January 31.

According to the provisions of the Shenzhen ** Stock Exchange's "Business Handling Guide for Listed Companies on the Growth Enterprise Market No. 2 - Matters Related to Disclosure of Periodic Reports", the board of directors of a listed company shall, according to the company's operating conditions and profitability, continue to pay attention to whether the actual performance or financial situation is significantly different from the previously announced performance

1) If the performance forecast is disclosed due to the net profit indicator, the direction of the latest expected net profit change or the nature of profit and loss is inconsistent with the disclosed performance forecast, or the amount or scope is significantly different from the original estimate. A large difference means that the latest expected performance is 20% higher than the upper limit of the original forecast range or 20% lower than the lower limit of the original forecast range;

2) Where performance forecasts are disclosed due to net asset indicators, the original expected net assets are negative, and the latest estimated net assets are not less than zero;

3) Other major discrepancies.

The disclosure time of the announcement of the revision of the annual results forecast shall not be later than January 31 of the following year of the reporting period.

The rules are: 1. If the scheduled disclosure time of the annual report of a GEM company is before March 31, it shall disclose the performance forecast for the first quarter of the next year at the latest at the same time as the annual report; If the annual report is scheduled to be made in April, the first quarter performance forecast shall be disclosed before April 10.

2. GEM companies shall disclose the annual performance forecast of the semi-inspection and demolition before July 15, the third quarter performance forecast before October 15, and the annual performance forecast before January 31.

3. Listed companies whose annual reports are scheduled to be disclosed in March and April shall disclose their annual performance reports before the end of February.

Extended Information:1The GEM is also known as the secondary market.

second-board market.

It is a type of market different from the main board market, which is designed to provide financing channels and growth space for entrepreneurial enterprises that cannot be listed on the main board market temporarily.

1] GEM is an important supplement to the main board market and occupies an important position in the capital market. Listed companies on China's Growth Enterprise Market (GEM).

Start with "300".

2.GEM compared to the main board market, listing requirements.

It tends to be more relaxed, mainly reflected in the requirements of establishment time, capital scale, medium and long-term performance, etc. [3]. GEM market.

The biggest feature is the low threshold entry and strict operation requirements, which helps potential small and medium-sized enterprises to obtain financing opportunities.

3.Companies listed on the GEM market have high growth potential, but they tend to be established for a short period of time, with smaller scale and less outstanding performance, but there is a lot of room for growth. [5] It can be said that the GEM is a ** market with low threshold, wide risk and strict regulation.

It is also an incubator for entrepreneurial and small and medium-sized enterprises.

of the cradle. On October 23, the opening ceremony of China's GEM was held. On October 30, 2009, China GEM was officially listed.

Legal Analysis: GEM: After the reform of the registration-based system, GEM companies are no longer required to disclose performance reports and performance forecasts.

Legal basis: "Business Handling Guide for Listed Companies on the Growth Enterprise Market No. 2 - Matters Relating to Disclosure in Periodic Reports" If a listed company expects its operating performance to be "profitable, and its net profit will increase or decrease by more than 50% compared with the same period of the previous year", it shall disclose the performance forecast, but if it falls under the following circumstances where the base of the comparison is small, it may be exempted from disclosing the performance forecast with the consent of the exchange.

Legal basis: "GEM Information Disclosure Business Memorandum No. 11 Performance Forecast, Performance Express Report and Its Amendments" The company should disclose the net profit from the beginning of the year to the end of the next reporting period and the expected range of changes compared with the same period of the previous year in the performance forecast according to different circumstances. 1. If the company expects the net profit from the beginning of the year to the end of the next reporting period to be positive, and the same period of the previous year is also positive, the net profit from the beginning of the year to the end of the next reporting period and the expected change range compared with the same period of the previous year shall be disclosed in the performance forecast.

The difference between the upper and lower limits of the performance change range disclosed shall not exceed 30%, such as 20% to % to 60%, -5% to 25%, -60% to -30%, etc. 2. If the company expects to lose money from the beginning of the year to the end of the next reporting period or turn losses into profits compared with the same period of the previous year, it shall disclose the expected range of profit and loss amount in the performance forecast, and the profit and loss amount shall not exceed 5 million yuan, such as a loss of 1 million to 6 million yuan, a profit of 3 million to 8 million, etc. For companies that expect year-on-year growth or turnaround, they should state the amount of impact of non-recurring gains or losses on net profit for the current year, or detail the specific reasons that led to the year-on-year growth or turnaround.

GEM Information Disclosure Business Memorandum No. 11: Performance Forecast, Performance Express Report and Its Amendments clearly stipulates that the disclosure time of the performance forecast and its amendment announcement for the annual report, semi-annual report and the first three quarters report shall be no later than January 31, July 15 and October 15 respectively. Companies whose annual reports are scheduled to be disclosed in March-April should disclose their annual performance reports before the end of February.

Extended information: 1. When the following situations occur on the GEM**, the notice shall be given within one month from the date of the end of the accounting year:

1.Net profit is negative;

2.Net profit increased or decreased by more than 50% compared with the same period last year;

3.Achieve turnaround;

4.Net assets at the end of the period were negative.

2. Different exchanges have different requirements on the disclosure of performance forecasts. Therefore, the corresponding situation of the performance forecast of different exchanges is also different, as follows.

1. Shanghai Stock Exchange. For the annual report, if the listed company expects that the whole year may rise to losses, turn losses into profits, and net profit increases or decreases by more than 50% compared with the previous year (except for those with a small base), it shall disclose the performance forecast before January 31 after the end of the current fiscal year.

2. The main board of the Shenzhen Stock Exchange. It is expected that during the reporting period (the first quarter, the semi-annual beam destruction, the third quarter and the year), the following situations should be forecasted: the net profit is negative, the loss is turned into profit, the net profit is profitable, and the net profit increases or decreases by more than 50% compared with the same period of the previous year (except for the base is too small), the net assets at the end of the period are negative, and the annual operating income is less than 10 million yuan.

The timing of the earnings announcement must be by the 15th of the month following the end of each fiscal quarter.

3. Small and medium-sized board (belonging to the main board). The company shall disclose the performance forecast from the beginning of the year to the end of the next reporting period in the first quarter, semi-annual report and third quarter report. The company expects that the first quarter results will have a negative net profit attributable to the parent company, a net profit increase or decrease of more than 50% compared with the same period last year (except for those with a small base), and a turnaround, and the performance forecast should be made no later than March 31 (in the annual report summary or temporary announcement).