The conciliation statement of labor arbitration shall be signed by the arbitrator and stamped with the seal of the labor dispute arbitration commission, and shall take effect without the signatures of both parties. Both parties only need to sign for it, and it will have legal effect after both parties sign for it.

Legal basis: Labor Dispute Arbitration and Mediation Law

Article 42 Before making an award, the arbitration tribunal shall conduct mediation first.

If an agreement is reached through mediation, the arbitration tribunal shall make a conciliation statement.

The conciliation statement shall specify the arbitration request and the result of the agreement between the two parties. The conciliation statement shall be signed by the arbitrator, stamped with the seal of the Labor Dispute Arbitration Commission and served on both parties. The conciliation statement shall have legal effect after it is signed by both parties.

Before the conciliation statement is served, if the conciliation fails or one party reneges, the arbitration tribunal shall make an award in time.