SHANGHAI SHENDA CO., LTD (600626)

Unqualified Securities Accounts to be Rectified before 1 Oct 2008

The company recently received a notice from the China Securities Depository and Clearing Corporation Limited, Shanghai branch, stating that the unqualified A-share accounts opened with companies on the Shanghai Stock Exchange without a designated trading broker should be normalized. Due to historical reasons, the registration information of a number of institutional accounts are incomplete.

On 3 Jul 2008, the company issued a notice to owners of unqualified accounts informing them that accounts that fail to be rectified will be prevented from designated trading, effective from 1 Oct 2008. In case a unit owning an unqualified account has been liquidated, its inheritor should carry out the change of registration.

Board of Directors
28 Jul 2008


Source: Shanghai Securities News

Date: 28 Jul 2008

CN01/BG/SW/BT/KM


Copyright NewsnChina 2010