billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: The Stock Exchange of Hong Kong Limited Practice Note 12 to the Rules Governing the Listing of Securities (the “Exchange Listing Rules”) Issued pursuant to rule 1.06 of the Exchange Listing Rules VALUATIONS OF PROPERTY SITUATED IN DEVELOPING PROPERTY MARKETS

assistant: 香港聯合交易所有限公司 證券上市規則（「本交易所的上市規則」） 《第 12 項應用指引》 依據《上市規則》第 1.06 條而發出 有關發展中物業市場的物業估值
user: Please translate the following sentence from English to Chinese: 33.07 The extent (if any) to which the obligations of the issuer are, or are capable of being, guaranteed or assumed by a State and details of its share capital (or equivalent) and the extent to which such share capital (or equivalent) is beneficially owned by a State or a regional or local authority of a State should be set out.

assistant: 33.07 國家機構對擔保或承擔發行人責任的程度（如有），及其股本（或相當於股本的資本）詳情，以及該等股本（或相當於股本的資本）中由國家機構或國家機構的區域或地方機關實益擁有的數額資料，均須列明。
user: Please translate the following sentence from English to Chinese: (1) the exact nature of the interest in the joint venture entity which the new applicant or the listed issuer has or is proposing to acquire;

assistant: (1) 新申請人或上市發行人擁有或擬購入的合營企業的權益的實際性質；
user: Please translate the following sentence from English to Chinese: 19B.04 If an application is made for the listing of depositary receipts, which are instruments which evidence the interests and rights in shares, the issuer of the shares which the depositary receipts represent is the issuer for the purposes of the Exchange Listing Rules and the application will be dealt with as if it were an application for the admission of the shares which they represent.

assistant: 19B.04 若有關上市申請涉及預託證券（即據有關文件證明預託證券持有人於股份所享有的權益及權利）的上市，《上市規則》將視該等預託證券所代表股份的發行人爲有關預託證券的發行人，有關申請將被視爲該等預託證券所代表股份的上市申請處理。
user: Please translate the following sentence from English to Chinese: 3A.20 At any time after the Fixed Period, the Exchange may direct a listed issuer to appoint a Compliance Adviser for such period and to undertake such role as may be specified by the Exchange.

assistant: 3A.20 在指定期間後任何時間，本交易所可指示上市發行人在該段期間內委任一名合規顧問，並肩負本交易所指定的職責。
user: Please translate the following sentence from English to Chinese: 23.08 If the shares of the issuer or the guarantor, in the case of a guaranteed issue, are not listed then the issuer or the guarantor, in the case of a guaranteed issue, must have total shareholders’ funds of at least HK$100,000,000, and the nominal amount of each class of debt securities for which listing is sought must be at least HK$50,000,000, or such other amount as the Exchange may from time to time prescribe.

assistant: 23.08 如發行人或（如屬擔保發行）擔保人的股份並未上市，發行人或（如屬擔保發行）擔保人的股東資金總額至少須爲 100,000,000 港元，而每類尋求上市的債務證券的面值至少須爲 50,000,000 港元，或本交易所不時指定的其他數額。
user: Please translate the following sentence from English to Chinese: Where an issuer engages an external service provider as its company secretary, it should disclose the identity of a person with sufficient seniority (e.g. chief legal counsel or chief financial officer) at the issuer whom the external provider can contact.

assistant: 發行人若外聘服務機構擔任公司祕書，應披露其內部一名可供該外聘服務機構聯絡的較高職位人士（如首席法律顧問或財務總監）的身份。
user: Please translate the following sentence from English to Chinese: 10. The Issuer and the Guarantor shall inform the Exchange on a periodic basis as required by the Exchange in respect of any purchase or sale, by the Issuer and the Guarantor, or any member of the group, of its listed securities and the Issuer and the Guarantor hereby authorises the Exchange to disseminate such information to such persons and in such manner as the Exchange may think fit.

assistant: 10. 發行人及擔保人須按本交易所要求定期將其或集團任何成員公司購回或出售本身上市證券的事宜通知本交易所； 發行人及擔保人謹授權本交易所以其認爲適當的方式，將該等資料向其認爲適當的人士發佈。
user: Please translate the following sentence from English to Chinese: Code Provisions A.2.1 The roles of chairman and chief executive should be separate and should not be performed by the same individual.

assistant: 守則條文 A.2.1 主席與行政總裁的角色應有區分，並不應由一人同時兼任。
user: Please translate the following sentence from English to Chinese: A listed issuer shall include particulars of any arrangement under which a director has waived or agreed to waive any emoluments.

assistant: 上市發行人須載有有關董事已放棄或同意放棄任何薪酬安排的詳情。
user: Please translate the following sentence from English to Chinese: (iv) Where a listed issuer requests a trading halt or suspension of trading in its securities and the trading halt or suspension has been effected, the listed issuer must immediately submit through HKEx-EPS to the Exchange for publication on the Exchange’s website a ready-to-publish electronic copy of an announcement informing that trading in the securities of the listed issuer has been halted or suspended and setting out briefly the reason for the trading halt or suspension.

assistant: (iv) 凡上市發行人要求證券短暫停牌或停牌而短暫停牌或停牌已生效，上市發行人須即時透過本交易所電子登載系統呈交可供即時發表的公告的電子版本，以在本交易所網站上登載； 在該公告內，上市發行人須說明上市發行人的證券已經短暫停牌或停牌，並簡述短暫停牌或停牌的原因。
user: Please translate the following sentence from English to Chinese: (19) any other provisions material to the overseas issuer or the shareholders thereof.

assistant: (19) 對海外發行人或其股東具有重大意義的其他規定。
user: Please translate the following sentence from English to Chinese: (5) the way in which they have voted in the past on shareholders’ resolutions other than routine resolutions at an annual general meeting.

assistant: (5) 他們過往參與股東議決事項的表決模式（股東周年大會上的例行決議除外）。
user: Please translate the following sentence from English to Chinese: 34.01 This Chapter does not apply to convertible debt issues to professional investors only.

assistant: 34.01 本章不適用於僅售予專業投資者的可轉換債務證券發行。
user: Please translate the following sentence from English to Chinese: In the case of an overseas issuer which is incorporated or otherwise established in a jurisdiction in respect of which additional requirements are set out in Appendix 11, the summary need only be included in the documents offered for inspection (see Appendix 11);

assistant: 如屬在《GEM 上市規則》附錄十一訂明有關附加規定的司法地區註冊或成立的海外發行人，其概要只須載列於供查閱的文件（參閱《GEM 上市規則》附錄十一）；
user: Please translate the following sentence from English to Chinese: (a) a statement purporting to be a copy of or extract from or summary of or reference to a report or valuation or other statement by such expert;

assistant: (a) 一項聲稱爲該名專家作出的報告、估值書或其他聲明的副本、摘錄、概要或引述的聲明；
user: Please translate the following sentence from English to Chinese: (D) [currency]

assistant: (D) 〔貨幣〕
user: Please translate the following sentence from English to Chinese: It is the responsibility of the listed issuer to pay the reasonable fees of the Compliance Adviser.

assistant: 上市發行人有責任支付合規顧問的合理費用。
user: Please translate the following sentence from English to Chinese: Communication to holders of listed debt securities

assistant: 致上市債務證券持有人的通訊
user: Please translate the following sentence from English to Chinese: 7.25 Offers of securities by way of an open offer must remain open for acceptance for a minimum period of 10 business days.

assistant: 7.25 以公開招股方式發售證券的公開接納期至少須爲 10 個營業日。
user: Please translate the following sentence from English to Chinese: (a) there must not be any information about the offering, price or means to subscribe for the equity securities or interests in a CIS of a new applicant until a final listing document is published;

assistant: (a) 在上市文件定稿刊發前，不應載有任何有關新申請人股本證券或集體投資計劃權益的發售內容、定價或認購途徑；
user: Please translate the following sentence from English to Chinese: 2. Where, in the reasonable opinion of the Sponsor, assessment of an asset, including as to its extent, quality, quantity and use, genuinely cannot be achieved without the use of an expert (for example, in undertaking the physical inspection the Sponsor becomes suspicious that the asset does not exist as to the extent represented or exists but is not used for the purpose claimed) the Sponsor should ensure that the new applicant instructs an appropriately qualified independent expert to conduct all or part of the inspection.

assistant: 2. 如保薦人合理認爲，在沒有聘用專家的情況下，不能真確地評估某項資產，包括資產的大小、質量、數量及用途（例如： 保薦人在實地查察時懷疑該資產不是如所述般存在或即使存在亦不是用作所聲稱的用途），那麼，保薦人應確保新申請人聘用具合適資格的獨立專家進行全部或部分查察。
user: Please translate the following sentence from English to Chinese: (2) The property to which this paragraph applies is property purchased or acquired by the issuer or proposed to be purchased or acquired, which is to be paid for wholly or partly out of the proceeds of the issue or the purchase or acquisition of which has not been completed at the date of the issue of the listing document, other than property:

assistant: (2) 本段適用的物業爲發行人購買或收購或建議購買或收購的物業（以發行所得的全部或部分收益支付），或於上市文件刊發日期尚未完成購買或收購手續的物業，惟下列物業除外：
user: Please translate the following sentence from English to Chinese: and (2) the nature and extent of the regulatory standards and controls to which the overseas issuer is subject on its primary exchange.

assistant: 及 (2) 海外發行人在其主要上市交易所受管制的標準及監管的性質和範圍。
user: Please translate the following sentence from English to Chinese: and (b) a separate letter from the independent financial adviser containing its recommendation to the independent board committee and shareholders (or, if applicable, to the shareholders only) as to whether the terms of the relevant transaction or arrangement are fair and reasonable and whether such a transaction or arrangement is in the interests of the issuer and its shareholders as a whole and advising shareholders on how to vote.

assistant: 及 (b) 獨立財務顧問的獨立函件，內載獨立財務顧問就有關交易或安排的條款是否公平合理以及有關交易或安排是否符合發行人及其股東整體利益而向獨立董事委員會及股東（或（如適用）只向股東）提出的建議，以及就股東該如何表決而給予意見。
user: Please translate the following sentence from English to Chinese: (8) In the case of a review hearing sought by a compliance officer or an authorised representative under rule 4.07(3), the compliance officer or authorised representative, as the case may be, shall have the right to attend the review hearing, to make submissions and may be accompanied by his legal adviser.

assistant: (8) 如監察主任或授權代表根據《GEM 上市規則》第 4.07(3) 條而提出召開復核聆訊，監察主任或獲授權代表（視屬何情況而定）應有權出席複覈聆訊、作出陳述，並可由其法律顧問陪同出席。
user: Please translate the following sentence from English to Chinese: 16.01 Subject to rule 12.15, no listing document may be issued until the Exchange has confirmed to the issuer that it has no further comments thereon.

assistant: 16.01 根據《GEM 上市規則》第 12.15 條，在本交易所向發行人確認再沒有進一步意見前概不得刊發任何上市文件。
user: Please translate the following sentence from English to Chinese: (14a) where the Application Proof contains a profit forecast (see rules 14.28 to 14.31), a final or an advanced draft of the board’s profit forecast memorandum covering the same period of the profit forecast contained in the Application Proof and cash flow forecast memorandum covering at least 12 months from the expected date of publication of the listing document with principal assumptions, accounting policies and calculations for the forecasts;

assistant: (14a) 如申請版本載有溢利預測（參閱《GEM 上市規則》第 14.28 至 14.31 條），則須提交由董事會所編制的溢利預測備忘錄及現金流量預測的備忘錄的定稿或接近定稿的版本； 溢利預測的備忘錄所涵蓋的期間，與申請版本內所載溢利預測爲同一期間，而現金流量預測的備忘錄所涵蓋的期間，則爲至少 12 個月，由上市文件預計刊發日期開始計算。
user: Please translate the following sentence from English to Chinese: (3) the names of the legal entities underwriting the issue.

assistant: (3) 包銷是次發行的法人團體的名稱；
user: Please translate the following sentence from English to Chinese: All other debt securities may be brought to listing by any one of the methods described below.

assistant: 所有其他債務證券可採用下列任何一種方式上市。
user: Please translate the following sentence from English to Chinese: The information supplied must be complete and reliable.

assistant: 管理層所提供的資料必須完整可靠。
user: Please translate the following sentence from English to Chinese: (b) where the Application Proof does not contain a profit forecast, a final or an advanced draft of the board’s profit forecast memorandum covering the period up to the forthcoming financial year end date after the date of listing and cash flow forecast memorandum covering at least 12 months from the expected date of publication of the listing document with principal assumptions, accounting policies and calculations for the forecasts;

assistant: (b) 如申請版本沒有載有盈利預測，則須提交由董事會所編制的盈利預測的備忘錄及現金流量預測的備忘錄的定稿或接近定稿的版本； 盈利預測的備忘錄所涵蓋的期間，應直至上市後緊接的財政年度完結日止，而現金流量預測的備忘錄所涵蓋的期間，則爲至少 12 個月，由上市文件預計刊發日期開始計算。
user: Please translate the following sentence from English to Chinese: (f) references to “Chapters 2A and 2B” were replaced with “Chapters 3 and 4”.

assistant: (f) 條文中的「第二 A 及二 B 章」由「第三及四章」取代。
user: Please translate the following sentence from English to Chinese: Chapter 8 — Qualifications for Listing 19A.13 The following modifications and additional requirements apply:

assistant: 第八章　上市資格 19A.13 下列修訂及附加規定適用：
user: Please translate the following sentence from English to Chinese: Definitions 25.04 In this Chapter

assistant: 定義 25.04 在本章內，
user: Please translate the following sentence from English to Chinese: and (h) share option schemes under rules 23.07 and 23.08.

assistant: 及 (h) 股份期權計劃（《GEM 上市規則》第 23.07 及 23.08 條）。
user: Please translate the following sentence from English to Chinese: When calculating the 5% limit, the number of securities subscribed by each allottee, its holding company and any of their subsidiaries must be aggregated.

assistant: 計算該 5% 限額時，每名獲分配證券人士、其控股公司及其任何附屬公司所認購的證券數目須合併計算。
user: Please translate the following sentence from English to Chinese: 1. Theoretical dilution effect of an issue refers to the discount of the “theoretical diluted price” to the “benchmarked price” of shares.

assistant: 1. 個別發行的理論攤薄效應指股份「理論攤薄價」較「基準價」的折讓。
user: Please translate the following sentence from English to Chinese: (1A) A statement required by sub-paragraph 49(1) must specify the company in which the interests or short positions are held, the class to which those securities belong and the number of such securities held.

assistant: (1A) 根據第 49(1) 分段的規定作出說明時，須註明持有的權益或淡倉所屬的公司、證券類別及數目。
user: Please translate the following sentence from English to Chinese: 63. Particulars of the tax rates applicable to the PRC issuer’s income or profits during the period under rule 11.12A and in the next 3 years, including any preferential tax rates or exemptions.

assistant: 63. 有關中國發行人在《GEM 上市規則》第 11.12A 條所述的期間及其後三年內所賺取的收入或盈利所適用的稅率，包括任何稅率優惠或豁免的詳情。
user: Please translate the following sentence from English to Chinese: 17.60 An issuer shall:

assistant: 17.60 發行人須：
user: Please translate the following sentence from English to Chinese: (i) share option schemes under rules 23.07, 23.08 and 23.09;

assistant: (i) 股份期權計劃（《GEM 上市規則》第 23.07、23.08 及 23.09 條）；
user: Please translate the following sentence from English to Chinese: A new applicant or its group (excluding any associated companies, joint ventures and other entities whose results are recorded in the issuer’s financial statements using the equity method of accounting or proportionate consolidation) must have an adequate trading record of at least two financial years comprising a positive cash flow generated from operating activities in the ordinary and usual course of business before changes in working capital and taxes paid.

assistant: 新申請人或其集團（不包括採用權益會計法或比例綜合法將其業績在發行人財務報表內列賬的任何聯營公司、合資公司及其他實體）必須具備足夠至少兩個財政年度的適當編制的營業紀錄，及且從日常及正常業務經營過程中產生淨現金流入（但未計入調整營運資金的變動及已付稅項）。
user: Please translate the following sentence from English to Chinese: (a) A member of the Listing Division to whom the Executive Director – Listing has delegated authority;

assistant: (a) 獲上市科執行總監授權的上市科人員；
user: Please translate the following sentence from English to Chinese: and (3) as soon as after the registration of the prospectus, a copy of the letter from the Registrar of Companies confirming the registration (see rule 2.07C(1)(b)(ii)).

assistant: 及 (3) 於招股章程註冊後儘快提交公司註冊處處長確認有關招股章程經已註冊的函件副本（參閱《上市規則》第 2.07C(1)(b)(ii) 條）。
user: Please translate the following sentence from English to Chinese: The bye-laws shall stipulate that any annual general meeting must be called by notice of at least 21 days, and that any other general meeting (including an extraordinary general meeting) must be called by notice of at least 14 days.

assistant: 而任何其他股東大會（包括股東特別大會），則須給予至少 14 天通知，方可召開。
user: Please translate the following sentence from English to Chinese: (5) details of the principal taxes levied on the investment company’s income and capital (including taxes withheld at source on distributions received by the investment company) and tax, if any, deducted on distributions to shareholders;

assistant: (5) 就投資公司的收益及資本而課徵的主要稅項（包括自該投資公司取得的分派中按收入來源預扣的稅款），以及就其向股東的分派所扣除的稅款（如有）的詳細資料；
user: Please translate the following sentence from English to Chinese: The deposit agreement must not contain provisions that preclude any party from electing to submit to the jurisdiction of the courts of Hong Kong for the resolution of any disputes or claims arising from the deposit agreement.

assistant: 預託協議的條文概不得阻止任何人選擇接受香港法院的司法管轄權管轄以解決任何因預託協議而產生的爭執或索償。
user: Please translate the following sentence from English to Chinese: Extent of holding and in which company

assistant: 所持股份及屬於那一公司權益
user: Please translate the following sentence from English to Chinese: (b) references to securities in sub-paragraphs 13(1) to 13(3) inclusive shall mean and refer to securities*.

assistant: (b) 凡在第13(1)至13(3)分段（首尾兩段包括在內）中提及證券之處，即指“證券 *”。
user: Please translate the following sentence from English to Chinese: PART IV APPROVED SHARE REGISTRARS

assistant: 第四部 認可股份登記員 股份登記員的認可
user: Please translate the following sentence from English to Chinese: (7) Business:

assistant: (7) 業務：
user: Please translate the following sentence from English to Chinese: (d) reserve replacement costs

assistant: (d) 儲備重置成本
user: Please translate the following sentence from English to Chinese: Directors of the listed issuer must ensure that the information contained in the preliminary announcement of results is consistent with the information that will be contained in the annual reports (see rule 18.50A);

assistant: 上市發行人的董事須確保在業績的初步公告中刊載的資料與年度報告刊載的資料一致（見《GEM 上市規則》第 18.50A 條）；
user: Please translate the following sentence from English to Chinese: (1) the securities are of the same nominal value with the same amount called up or paid up;

assistant: (1) 證券的面值與須繳或繳足的股款相同；
user: Please translate the following sentence from English to Chinese: (e) by reference to the Sponsor’s knowledge of the new applicant, its business and its business plans assessing whether the assumptions disclosed by the expert as those on which the expert’s opinion is based, are fair, reasonable and complete;

assistant: (e) 根據保薦人對新申請人、其業務及業務計劃的所知，評覈專家披露其意見所依據的假設是否公平合理及完整；
user: Please translate the following sentence from English to Chinese: Listed issuers 3.06 Applications for listing by a listed issuer will be dealt with by the Listing Division and it is the Executive Director – Listing Division who will normally approve the listing and issue the formal approval letter, in due course.

assistant: 上市發行人 3.06 上市發行人的上市申請將會由上市科處理； 上市科執行總監通常會批准某項上市申請，然後於適當時間發出正式批准通知書。
user: Please translate the following sentence from English to Chinese: If there is any conflict in the GEM Listing Rules between the meaning of Chinese words or terms in the Chinese language version and English words in the English language version, the meaning of the English words shall prevail.

assistant: 如《GEM 上市規則》中文本的字義或詞義與英文本有所出入，概以英文本爲準。
user: Please translate the following sentence from English to Chinese: Transactions with connected persons

assistant: 與關連人士的交易
user: Please translate the following sentence from English to Chinese: (3) For other structured products the minimum period between the date of listing and the expiry or maturity date shall be as agreed by the Exchange.

assistant: (3) 至於其他結構性產品，其上市日期至屆滿日期或到期日期的最短期限，則須獲本交易所同意。
user: Please translate the following sentence from English to Chinese: (2) An applicant is regarded as having complied with subsection (1) on the day it submits the application to a recognized exchange company if, prior to or at the time of submitting the application to the recognized exchange company, the applicant has authorized the recognized exchange company in writing to file the application with the Commission on its behalf.

assistant: (2) 申請人如在向某認可交易所呈交申請書時或之前，以書面授權該認可交易所代它將該申請書送交證監會存檔，則該申請人即視爲已在向該認可交易所呈交申請書當日遵守第(1)款。
user: Please translate the following sentence from English to Chinese: The Exchange reserves a right to require directors to demonstrate their knowledge and understanding of the same;

assistant: 本交易所保留權利，可要求董事展示其對此等義務及職責的認識及理解；
user: Please translate the following sentence from English to Chinese: (3) The articles of association shall contain provisions requiring the directors to declare their material interests in any contracts with the issuer at the earliest meeting of the board of directors of the issuer at which it is practicable for them to do so either specifically or by way of a general notice stating that, by reason of facts specified in the notice, they are to be regarded as interested in any contracts of a specified description which may subsequently be made by the issuer.

assistant: (3) 公司章程細則必須規定，董事須在實際可行的範圍內，儘早在發行人董事會會議上聲明其與發行人訂立的合約中有重大利害關係； 有關董事可於會上具體作出該項聲明，或以一般通知的方式，述明基於該通知所指明的事實，其本人須被視爲在發行人其後所可能訂立的任何指明種類合約中有利害關係。
user: Please translate the following sentence from English to Chinese: (a) will have to be notified to the issuer and the Exchange pursuant to Divisions 7 and 8 of Part XV of the Securities and Futures Ordinance (including interests and short positions which he is taken or deemed to have under such provisions of Securities and Futures Ordinance) once the issuer’s securities are listed;

assistant: (a) （包括其根據《證券及期貨條例》第 XV 部第 7 及第 8 分部被假設或視爲擁有的權益及淡倉）須於發行人的證券上市後依據《證券及期貨條例》第 7 及第 8 分部規定通知發行人及本交易所；
user: Please translate the following sentence from English to Chinese: and (e) Companies (Directors’ Report) Regulation.

assistant: 及 (e) 《公司（董事報告）規例》。
user: Please translate the following sentence from English to Chinese: (3) a listed issuer shall add any liabilities of the vendors, whether actual or contingent, to be discharged or assumed by the purchaser under the terms of the transactions, to the consideration.

assistant: (3) 上市發行人須把買方將要按照有關交易條款償還或承擔的賣方的任何債務（不論是實際債務還是或有債務）計入代價之內。
user: Please translate the following sentence from English to Chinese: 37.28 A listing document must contain a responsibility statement:

assistant: 37.28 上市文件必須載有責任聲明：
user: Please translate the following sentence from English to Chinese: 2A.26 The office of a member of the Listing Committee shall be vacated if any one of the following events occurs:

assistant: 2A.26 倘若發生下列任何事件，有關的上市委員會委員必須退任：
user: Please translate the following sentence from English to Chinese: (h) if the Issuer is incorporated or otherwise established in Hong Kong, a statement by the directors as to the reasons for any significant departure from applicable standard accounting practices;

assistant: (h) 如發行人在香港註冊成立，而其採用的會計方式與適用的標準會計實務有重大差別，董事須說明其理由；
user: Please translate the following sentence from English to Chinese: or (b) where there were no such controlling shareholders, directors (excluding independent non-executive directors) and the chief executive of the issuer at the time the decision to seek a refreshment of the mandate was made or approved by the board, and their respective associates;

assistant: 或 (b) 若發行人沒有控股股東，則於董事會決定或批准更新有關授權時當時的發行人董事（獨立非執行董事不包括在內）及最高行政人員，以及其各自的聯繫人；
user: Please translate the following sentence from English to Chinese: (1) an offer for subscription;

assistant: (1) 發售以供認購；
user: Please translate the following sentence from English to Chinese: (8) an exchange or substitution of securities (arising from consolidation or sub-division of shares or a reduction of share capital or otherwise but excluding a conversion of securities into securities of a class already listed);

assistant: (8) 交換或替代證券（因合併或分拆股份、或削減股本或其他情況而產生的證券，但不包括將證券轉換爲另一類已經上市的證券）；
user: Please translate the following sentence from English to Chinese: (i) members of the committee should liaise with the board and senior management and the committee must meet, at least twice a year, with the issuer’s auditors;

assistant: (i) 委員會成員應與董事會及高級管理人員聯絡。 委員會須至少每年與發行人的核數師開會兩次；
user: Please translate the following sentence from English to Chinese: 16.03 Any alterations in the terms of convertible equity securities after issue must be approved by the Exchange, except where the alterations take effect automatically under the existing terms of such convertible equity securities.

assistant: 16.03 可轉換股本證券於發行後如有任何更改，須經本交易所批准，惟若有關更改乃按照該等可轉換股本證券的現行條款自動生效則當別論。