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Listed Company of the 3rd stock Market - Available to Directly Go Public in A Share Market

Good News - February 26th, 2016, the State Council released the Decision on Related Issues of National SME (small medium enterprise)Share Transfer System. The decision covers market system securities, administrative licensing reform, management and other six aspects. The SMEs share transfer system is approved by State Council as a national securities exchange .thus the National SME share transfer system becomes a national third stock exchange, after Shanghai stock exchanges and Shenzhen stock exchanges. For the listed company of SME Share Transfer System  (i.e. listed company of the 3rd new stock market), as long as its stock achieves the requirement up to the A stock market , the company can be directly transferred to the Main A market, without the approval or review from China Securities and Regulatory Commission.

As the listed company in the 3rd new stock market , Sichuan Changyi Oil- gas Gathering Transportation Equipment Co., Ltd. will make full use of this policy support, improve business performance, enhance ability to resist risks, improve capital structure and forge ahead into A-share market!