Universal Scientific Industrial

Source: Shanghai Stock Exchange 2013-06-18

After the deliberation of the SSE Corporate Governance Expert Advisory Committee, the Shanghai Stock Exchange and China Securities Index Co., Ltd. announced that they had adjusted the list of companies for the SSE Corporate Governance Board according to applicable rules and regulations, and that sample stocks of the SSE Corporate Governance Index, the SSE 180 Corporate Governance Index, and the SSE Social Responsibility Index had been adjusted accordingly. The adjustment of sample stocks will be in effect as of July 1, 2013.

According to the sample adjustment results, 25 new sample stocks such as Sinopec and Fuyao Glass are included into the list of the SSE Corporate Governance Board, and the former sample stock, Cosco Shipping, is eliminated due to its incompliance with the eligibility requirements. After the adjustment, the number of sample stocks of the SSE Corporate Governance Index has increased from 277 to 301, with the A-share market value of all constituents adding up to RMB 10,283.5 billion and representing 67.71% of the total market value of A-shares in Shanghai. The free float adjusted market value is RMB 3,333 billion, accounting for 61.60% of the free float adjusted market value of A-shares in Shanghai. The change to the SSE 180 Corporate Governance Index involves 10 stocks. Sinopec, NARI Technology Co., Ltd. and other stocks are included into the index, while stocks such as Sichuan Changhong, and China Metallurgical Group Corporation (MGC) are excluded from the index. The change to the SSE Social Responsibility Index involves 10 stocks. Stocks such as Nanjing Bank and China Communications Construction are included, while stocks including Baiyun Airport and Minmetals Development Co., Ltd. are excluded from the index.

According to the index rules, the sample stocks of the SSE Corporate Governance Index consist of all the stocks of the SSE Corporate Governance Board. The SSE Corporate Governance Board is generated after applications by listed companies, comments by the public, review and evaluation of candidates by consultancy companies, the primary selection and the deliberation of the expert advisory committee in accordance with the Measures for the Evaluation and Selection of Stocks for the SSE Corporate Governance Board. The stocks for the SSE Corporate Governance Board are re-evaluated in May or June every year, and China Securities Index Co., Ltd. makes adjustments to the SSE Corporate Governance Index in early July according to the re-evaluation results. For detailed information on the measures for the evaluation and selection of stocks for the SSE Corporate Governance Board and the measures for the preparation of the SSE Corporate Governance Index, please visit the official websites of the Shanghai Stock Exchange and China Securities Index Co., Ltd. (www.sse.com.cn, www.csindex.com.cn).

The following 12 organizations participated in the evaluation and selection process of the SSE Corporate Governance Board, including Guotai Junan Securities, Shenyin Wanguo Securities, China International Capital Corporation Limited, Haitong Securities, Huabao WP Fund Management Co., Ltd., CIB Fund Management Co., Ltd., E Fund, CCB Principal Asset Management, BOCOM & Schroders, Financial Engineering Research Center of Nanjing University, Pengyuan Credit Rating Co., Ltd., and China Chengxin Securities Rating Co., Ltd.
 

The Adjustment List of the Sample Stocks of the SSE Corporate Governance Index:

 

Samples excluded		Samples included
Stock Code	Stock Name	Stock Code	Stock Name
601919	*Cosco Shipping	600028	Sinopec
		600078	Chengxing Shares
		600259	Rising Nonferrous Metals Co., Ltd.
		600335	SINOMACH Automobile Co., Ltd.
		600352	Lonsen
		600386	Beijing Bashi Media Co., Ltd.
		600406	NARI Technology Co., Ltd.
		600420	Shanghai Shyndec Pharmaceutical Co., Ltd.
		600543	Mogao Shares
		600633	Zhejiang Daily Media Group
		600660	Fuyao Glass
		600741	HUAYU Automotive Systems Co., Ltd.
		600763	TC Medical
		600815	XGMA
		601038	First Tractor Company Limited
		601058	Sailun Junyu Group
		601118	Hainan Rubber
		601222	Linyang Electronics
		601231	USI
		601238	Guangzhou Automobile Group Co., Ltd.
		601555	Soochow Securities
		601636	KIBING Group
		601928	Jiangsu Phoenix Publishing & Media Corporation Limited
		603000	People.cn
		603993	China Molybdenum Co., Ltd.