China E-Commerce Announcement
NZX Code: ATM
ASX Code: A2M
The a2 Milk Company Limited
www.thea2milkcompany.com
21 June 2019
NZX/ASX Market Release
China E-Commerce Announcement
The a2 Milk Company notes an announcement from China’s State Administration of Market Regulation
(“SAMR”) and other ministries and bureaus late yesterday outlining measures to ensure successful
implementation of the e-commerce legislation which became effective from April 2019.
The legislation and yesterday’s announcement relates to all goods and services transacted via e-commerce
platforms.
The announcement references an intention to increase the focus on supervision and enforcement of the e-
commerce legislation and in the process, standardise e-commerce business practices, enhance the integrity
of the digital market trading environment (including advertising and marketing), and maintain a good e-
commerce market order.
The announcement also references an intention to ensure that no counterfeit product is being transacted
via all e-commerce platforms, including social e-commerce and cross-border e-commerce channels.
We welcome measures that protect the rights and safety of consumers and the overall integrity of e-
commerce channels and will continue to work closely with our partners through this process.
Jayne Hrdlicka
Managing Director & CEO
The a2 Milk Company Limited
For further information, please contact:
Investors / Analysts
David Akers
Head of Investor Relations
T +61 2 9697 7013 l M +61 412 944 577
david.akers@a2milk.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- AFT — AFT Pharmaceuticals Limited: AFT Pharmaceuticals poised for strong earnings growth2019-05-21
“About AFT Pharmaceuticals AFT is a growing multinational pharmaceutical company that develops, markets and distributes a broad portfolio of pharmaceutical products across a wide range of therapeutic categories which are distributed across all major…”
- AFT — AFT Pharmaceuticals Limited: AFT Pharmaceuticals establishes new borrowing facilities2019-05-21
“Mar ket and Media release 21 May 2019 AFT Pharmaceuticals establishes new borrowing facilities AFT Pharmaceuticals (AFT) today announces it has established a NZ$15 million interim banking facility with the BNZ, enabling the company to commence refinancing its bor…”
- FCG — Fonterra Co-operative Group Limited: Fonterra intends to reduce Beingmate shareholding2019-08-06
“7 August 2019 FONTERRA INTENDS TO REDUCE BEINGMATE SHAREHOLDING Fonterra has announced its intention to sell a portion of its stake in Beingmate Baby & Child Food Company Ltd, which is currently a shareholding of 18.8%. Chief Executive Miles Hurrell says this decision i…”