The enterprise shall submit the annual report of the previous year to the registration authority before June 30 of each year. Enterprises that fail to report within the time limit will be listed in the business exception list and their business licenses may be revoked. If the deadline is missed, the enterprise should make up the report immediately, otherwise it may be fined and ordered to suspend business. The company shall, within 90 days after the annual general meeting of shareholders, submit the financial and accounting reports, accounting statements, income statements, balance sheets, cash flow statements and other annual reports to the company registration authority for the record.
The main contents of the "annual report" of an enterprise include the capital contribution and assets of the company's shareholders (promoters). Enterprises are responsible for the authenticity and legality of the annual report, and the industrial and commercial authorities may conduct spot checks on the publicity contents of the annual report of enterprises. Upon inspection, if it is found that the annual report of an enterprise conceals the real situation and practices fraud, the industrial and commercial authorities will punish it according to law, and inform the public security, finance, customs, taxation and other relevant departments of the information such as the legal representative and responsible person of the enterprise, thus forming "one place is illegal and everywhere is restricted".
Media consulting the annual report
A listed company must make an appointment with the exchange before disclosing its annual report. Investors can check which listed company will disclose the annual report on which day through the "Annual Report Appointment Inquiry" on the homepage of Shanghai Stock Exchange and the "List of Regular Reports of Listed Companies" on the homepage of Shenzhen Stock Exchange. Generally speaking, only a few companies will change the appointment time. If there is any change, the exchange website will update the appointment time immediately.
Investors can read the annual report conveniently through the Internet. It is recommended to log on to the websites of Shanghai Stock Exchange and Shenzhen Stock Exchange or stock portals such as Baidu Finance, He Xun and Sina Finance. These websites will publish the annual reports of listed companies and their abstracts after the daily closing, which is the most timely. Investors should note that the actual disclosure time of the annual reports of listed companies on the above websites is half a day earlier than the scheduled disclosure time.