0000876661-15-000494.txt : 20151005
0000876661-15-000494.hdr.sgml : 20151005
20151005124746
ACCESSION NUMBER: 0000876661-15-000494
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20151005
DATE AS OF CHANGE: 20151005
EFFECTIVENESS DATE: 20151005
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: ZUOAN FASHION LTD
CENTRAL INDEX KEY: 0001501176
STANDARD INDUSTRIAL CLASSIFICATION: MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320]
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35031
FILM NUMBER: 151142691
BUSINESS ADDRESS:
STREET 1: BUILDING 1, LANE 618
STREET 2: DINGYUAN ROAD, SONGJIANG DISTRICT
CITY: SHANGHAI 201616
STATE: F4
ZIP: 00000
BUSINESS PHONE: 86 21-5653-5557
MAIL ADDRESS:
STREET 1: BUILDING 1, LANE 618
STREET 2: DINGYUAN ROAD, SONGJIANG DISTRICT
CITY: SHANGHAI 201616
STATE: F4
ZIP: 00000
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
1501176
ZUOAN FASHION LTD
001-35031
Rooms 213 to 215, Block 8
No. 1150 Luochuan Middle Road
Shanghai
200072
86)-21-5653-5558
American Depositary Shares (each representing sixteen ordinary shares)
17 CFR 240.12d2-2(b)
Benjamin Sawyer
Manager
2015-10-05
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
New York Stock Exchange LLC ('NYSE' or the 'Exchange') hereby notifies the Securities and Exchange Commission (the 'Commission') of its intention to remove the entire class of American Depositary Shares (each representing sixteen (16) Ordinary Shares) ('the ADSs') of Zuoan Fashion Limited (the 'Company') from listing and registration on the Exchange at the opening of business on October 16, 2015, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the ADSs are no longer suitable for continued listing and trading on the Exchange.
The Exchange is taking this action because the Company fell below the continued listing standard requiring a listed company to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15 million.
1. Section 802.01B of the LCM states, in part, that the Exchange will promptly delist a security of either a domestic or non-U.S. issuer when the issuer's average global market capitalization over a consecutive 30 trading-day period falls below $15 million regardless of the original standard under which the issuer listed.
2. The Exchange, on August 31, 2015, determined that the ADSs should be suspended immediately from trading on August 31, 2015, and directed the preparation and filing with the Commission of this application for the removal of the ADSs from listing and registration on the Exchange. The Company was notified by letter on September 1, 2015.
3. Pursuant to the above authorization, a press release was issued on August 31, 2015, and an announcement was made on the 'ticker' of the Exchange at the close of the trading session on August 31, 2015 and other dates of the proposed suspension of trading in the ADSs. Similar information was included on the Exchange's website. Trading in the ADSs was suspended immediately on August 31, 2015.
4. The Company had a right to appeal to the Committee for Review (the 'Committee') of the Board of Directors of NYSE Regulation, the determination to delist the ADSs, provided that it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such request within the specified time period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.