Sinopec Shanghai Petrochemical Company Limited Intends to Deregister and Terminate Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934
Sinopec Shanghai Petrochemical Company Limited Intends to Deregister and Terminate Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934
SHANGHAI, CHINA / ACCESSWIRE / March 15, 2024 / Sinopec Shanghai Petrochemical Company Limited (the "Company")(OTC PINK:SPTJF)(HKEX:00338)(SSE:600688) announced today that the Company intends to deregister with the United States Securities and Exchange Commission (the "SEC") and terminate its reporting obligations under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company filed a Form 25 with the SEC on August 26, 2022 to delist its American depositary shares (the "ADSs") from the New York Stock Exchange. The delisting became effective on September 6, 2022. The Company terminated its ADS program on March 15, 2023. In light of the delisting of the ADSs and the termination of the ADS program, the Company intends to file a Form 15F with the SEC on March 15, 2024 to deregister the ADSs and the underlying H shares of the Company, and terminate its reporting obligations under section 13(a) and section 15(d) of the Exchange Act pursuant to Rule 12h-6 under the Exchange Act. Thereafter, all of the Company's reporting obligations under the Exchange Act will be suspended unless the Form 15F is withdrawn or denied. Deregistration and termination of the Company's reporting obligations under the Exchange Act are expected to become effective 90 days after its filing of Form 15F. Once the Form 15F is filed, the Company will publish the information required under Rule 12g3-2(b) of the Exchange Act on its website, The Company will continue to comply with its information disclosure and other obligations as a listed company under the relevant rules of The Stock Exchange of Hong Kong Limited and the Shanghai Stock Exchange as well as other applicable laws and regulations.
中國上海/ACCESSWIRE/2024 年 3 月 15 日/中國石化上海石化股份有限公司（“公司”）（場外交易代碼：SPTJF）（HKEX: 00338）（SSE: 600688）今天宣佈，公司打算註銷在美國證券交易委員會（“SEC”）的註冊並終止其根據經修訂的1934年《美國證券交易法》（“交易法”）承擔的報告義務”）。該公司於2022年8月26日向美國證券交易委員會提交了25號表格，要求將其美國存托股票（“ADS”）從紐約證券交易所退市。除名於2022年9月6日生效。該公司於 2023 年 3 月 15 日終止了其 ADS 計劃。鑑於美國證券交易所退市和ADS計劃的終止，公司打算於2024年3月15日向美國證券交易委員會提交15F表格，以註銷公司ADS和標的H股的註冊，並根據《交易法》第12h-6條終止其在《交易法》第13（a）條和第15（d）條下的報告義務。此後，除非撤回或拒絕15F表格，否則公司在《交易法》下的所有報告義務將被暫停。公司在《交易法》下的申報義務的註銷和終止預計將在提交15F表格的90天后生效。提交15F表格後，公司將在其網站上公佈《交易法》第12g3-2（b）條所要求的信息，公司將繼續履行其作爲上市公司根據香港聯合交易所有限公司和上海證券交易所的相關規則以及其他適用的法律和法規承擔的信息披露和其他義務。
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Safe Harbor Statements
安全港聲明
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "is expected to," "anticipates," "aim," "future," "intends," "plans," "believes," "are likely to," "estimates," "may," "should" and similar expressions, and include statements regarding the Company's expectations regarding deregistration and termination of the Company's reporting obligations under the Exchange Act. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
本新聞稿包含經修訂的1933年《證券法》第27A條和經修訂的1934年《證券交易法》第21E條所指的前瞻性陳述。此類前瞻性陳述是根據1995年《美國私人證券訴訟改革法》的 “安全港” 條款作出的。這些前瞻性陳述可以用 “將”、“預期”、“預期”、“目標”、“未來”、“打算”、“計劃”、“相信”、“可能會”、“估計”、“可能”、“應該” 等術語和類似表述來識別，幷包括有關公司對註銷註冊和終止公司在《交易法》下的報告義務的預期的陳述。除非法律要求，否則公司不承擔因新信息、未來事件或其他原因更新任何前瞻性陳述的義務。
For investor and media inquiries, please contact:
投資者和媒體垂詢，請聯繫：
Zeyu Ren
Investor Relations
Email:spc@spc.com.cn
任澤宇
投資者關係
電子郵件：spc@spc.com.cn
SOURCE: Sinopec Shanghai Petrochemical Company Limited
來源：中國石化上海石化有限公司
譯文內容由第三人軟體翻譯。