【中英文对照版】欺诈发行上市股票责令回购实施办法(试行).docx

【制定机关】 【发文字号】 【公布日期】欺诈发行上市股票责令回购实施办法(试行)MeasuresfortheImplementationofOrderingRepurchaseofStocksFraudulentlyOfferedandListed(ForTrialImplementation)中国证券监督管理委员会中国证券监督管理委员会令第216号2023.02.17【施行日期】【效力位阶】【法规类别】2023.02.17部门规章股票Issuingauthority：InstrumentalitiesoftheStateCouncil,ACommissionslChinaSecuRegulatoryCommissionDocumentNumber：OrderNo.216oftheChinaSecuritiesRegulatoryCommissionDateissued：02-17-2023Effectivedate：02-17-20231.evelofAuthority：DepartmentalRulesAreaofLaw：Securities中国证券监督管理委员会令OrderoftheChinaSecuritiesRegulatoryCommission（第216号）欺诈发行上市股票责令回 购实施办法（试行）已经 2022年4月28日中国证券监 督管理委员会2022年第3次 委务会议审议通过，现予公 布，自公布之日起施行。(No.216)TheMeasuresfortheImplementationofOrderingRepurchaseofStocksFraudulentlyOfferedandListed(ForTrialImplementation),asdeliberatedandadoptedatthe3rdexecutivemeetingoftheChinaSecuritiesRegulatoryCommissionfor2022onApril28,2022,areherebyissuedandshallcomeintoforceonthedateofissuance.中国证券监督管理委员会主 席：易会满YiHuiman,ChairmanoftheChinaSecuritiesRegulatoryCommission2023年2月17日February17,2023Annex 1: MeasuresfortheImplementationofOrderingRepurchaseofStocksFraudulentlyOfferedandListed(ForTriaIImplementation)Annex 2: 1.egislativeExplanationsfortheMeasuresfortheImplementationofOrderingRepurchaseofStocksFraudulentlyOfferedandListed(ForTriaIImplementation)MeasuresfortheImplementationofOrderingRepurchaseofStocksFraudulentlyOfferedandListed(ForTriaIImplementation)(Deliberatedandadoptedatthe3ndexecutivemeetingoftheChinaSecuritiesRegulatoryCommissiononApril28,2022)附件L欺诈发行上市股票责 令回购实施办法（试行）附件2：关于欺诈发行上市 股票责令回购实施办法（试 行）的立法说明欺诈发行上市股票责令回购 实施办法（试行）（2022年4月28日中国证券 监督管理委员会第3次委务 会议审议通过）Article1Forthepurposesofregulatingtheactivitiesrelatedtostockofferingandprotectingthelegitimaterightsandinterestsofinvestorsandsocialpublicinterests,theseMeasuresaredevelopedaccordingtotheSecuritiesLawofthePeople'sRepublicofChinaandtherelevantlawsandregulations.第一条为了规范股票 发行相关活动，保护投资者合 法权益和社会公共利益，根据 中华人民共和国证券法及 相关法律法规，制定本办法Q第二条股票的发行人 在招股说明书等证券发行文 件中隐瞒重要事实或者编造 重大虚假内容，已经发行并上 市的，中国证券监督管理委员 会（以下简称中国证监会）可 以依法责令发行人回购欺诈 发行的股票，或者责令负有责 任的控股股东、实际控制人买 回股票（以下统称回购），但 发行人和负有责任的控股股 东、实际控制人明显不具备回 购能力，或者存在其他不适合 采取责令回购措施情形的除 外。Article2Whereastockissuerconcealsimportantfactsorfabricatesmaterialfalsecontentsinthesecuritiesofferingdocumentssuchastheprospectus,andhasalreadyofferedstocksandtheissuerhasbeenlisted,theChinaSecuritiesRegulatoryCommission(uCSRCn)may,accordingtothelaw,ordertheissuertobuybackfraudulentlyofferedstocks,orordertheliablecontrollingshareholderoractualcontrollertobuybackstocks(hereinafterreferredtoas“repurchase"),exceptunderthecircumstancesthattheissuerandtheliablecontrollingshareholderoractualcontrollerareobviouslyincapableofconductingrepurchase,orthereareothercircumstancesthatareunsuitablefortakingthemeasureoforderingrepurchase.Article3WhereanissueroraliablecontrollingshareholderoractualcontrollerrepurchasesfraudulentlyofferedstocksinaccordancewiththedecisionoftheCSRC,itshallissueanoffertoinvestorsthathavepurchasedfraudulentlyofferedstocksduringtheperiodfromthisofferingtothedateofdisclosureorcorrectionofthefraudulentoffering.Thefollowingstocksshallnotbeincludedinthescopeofrepurchase:(1) Stocksheldbydirectors,supervisors,seniorexecutives,controllingshareholdersoractualcontrollersoftheissuerliableforfraudulentoffering.(2) Stockspurchasedbythesecuritiescompanyliableforfraudulentofferingforunderwriting.(3) Stockspurchasedbyinvestorsaftertheyknowsorshouldhaveknownthattheissuerconcealsimportantfactsorfabricatesmaterialfalsecontentinthesecuritiesofferingdocuments.Article4Whereanissuerortheliablecontrollingshareholderoractualcontrollerrepurchasesstocks,itshalldosoatthebenchmarkprice.Ifaninvestorbuysstocksatapricehigherthanthebenchmarkprice,thepurchasepriceshallberegardedastherepurchaseprice.第三条发行人或者负 有责任的控股股东、实际控制 人按照中国证监会的决定回 购欺诈发行的股票的，应当向 自本次发行至欺诈发行揭露 日或者更正日期间买入欺诈 发行的股票，且在回购时仍然 持有股票的投资者发出要约。下列股票不得纳入回购范围：（一）对欺诈发行负有责任的 发行人的董事、监事、高级管 理人员、控股股东、实际控制 人持有的股票；（二）对欺诈发行负有责任的 证券公司因包销买入的股票;（三）投资者知悉或者应当知 悉发行人在证券发行文件中 隐瞒重要事实或者编造重大 虚假内容后买入的股票。第四条发行人或者负 有责任的控股股东、实际控制 人回购股票的，应当以基准价 格回购Q投资者买入股票价格 高于基准价格的，以买入股票 价格作为回购价格。发行人或者负有责任的控股 股东、实际控制人在证券发行 文件中承诺的回购价格高于 前款规定的价格的，应当以承 诺的价格回购。Wheretherepurchasepricepromisedbyanissuerortheliablecontrollingshareholderoractualcontrollerinthesecuritiesofferingdocumentishigherthanthepriceprescribedintheprecedingparagraph,thestocksshallberepurchasedatthepromisedprice.ForthepurposeoftheseMeasures,thedateofdisclosure,thedateofcorrectionandthebenchmarkpriceshallbedetermined,mutatismutandisto,theSeveralProvisionsoftheSupremePeople,sCourtonHearingCivilCompensationCasesConcerningFalseStatementsintheSecuritiesMarket.Thepurchasepriceofaninvestorshallbedeterminedaccordingtotheaveragepriceatwhichtheinvestorbuysthestock.Article5WheretheCSRCdeterminesthatanissuerconstitutesfraudulentofferingandmakesadecisiononorderingrepurchase,itshallfindoutthefacts,listentothestatementsandargumentsoftheissueroritscontrollingshareholder,actualco