(国家外汇管理局关于境内居民通过境外特殊目的公司融资

LegalIssuesinPrivateEquityandListingsforChineseCompanies,16October2008,SpeakersProfile,MasonChingisthefounderofMasonChingtoestablishaFIEinsideChinaandacquirecontrolofassetsinsideChinathroughthatFIE;ForeignexchangeregistrationRepatriationanduseoffunds,ProvisionsoftheMinistryofCommerce,State-ownedAssetsSupervisionandAdministrationCommissionoftheStateCouncil,theStateAdministrationofTaxation,theStateAdministrationforIndustryandCommerce,SecuritiesRegulatoryCommissionofChinaandtheStateAdministrationofForeignExchangeonMergersandAcquisitionsofDomesticEnterprisesbyForeignInvestors(2006Revision)Tookeffecton8September2006AppliestodomesticenterprisesonlyMOCandCSRCapprovalrequiredforrestructuringandoversealistingofaspecialpurposevehicleShareswapallowedUnwindafter12monthsfailinglisting,PrivateEnterprises(non-HShareListing),PrivateEnterprises(non-HShareListing),NoticeoftheGeneralAffairsDepartmentoftheStateAdministrationofForeignExchangeonPrintingandDistributingtheOperatingRulesfortheNoticeoftheStateAdministrationofForeignExchangeontheRelevantIssuesaboutForeignExchangeControlovertheFinancingandReturnInvestmentofDomesticResidentsthroughOverseasSpecialPurposeCompanies(No.1062007oftheGeneralAffairsDepartmentundertheStateAdministrationofForeignExchange)(国家外汇管理局综合司关于印发国家外汇管理局关于境内居民通过境外特殊目的公司融资及返程投资外汇管理有关问题的通知操作规程的通知(2007修改)汇综发2007106号)2007-05-29,SuccessfulStructureforRed-Chip,OriginalShareholdersdonotretaincontrolpost-IPOTransferofAssetsThirdpartyinvolvement,CaseStudySolargigaEnergyHoldingsLimited(StockCode757),SolargigaAfterrestructuring,CaseStudyXingfaAluminiumHoldingsLimited(StockCode98),CaseStudyJESSingapore,Acquisitionofassets,liabilities,operationsandbusinessProcessingAgreementRestrictedCashAccountAgreementDebtRepaymentAgreementFixedAssetsLeaseAgreementEntrustedLoanAgreement,RestrictedforForeigninvestmentFixedlineTobaccoICPInternetcontentsMobilecontentsmobilephoneentertainmentDigitalpublicationonlinegame,InvestinginRestrictedCategories,SpecialStructureNeedtoconsolidateaccountsLoanagreementOptionagreementEquitypledgeUndertaking/powerofattorneyTechnicalservice/businessagreementTradenameandcopyrightlicense,InvestinginRestrictedCategories,ListingDecisionLD43-3(2005),DirectInvestmentVehicleForeign-investedEnterprisesEJV,CJVandWFOEForeign-investedJointStockCompaniesRMBFundSetupaWFOE,DirectInvestment,ConvertibleLoan/WarrantsPreferenceSharesSeriesAorSeriesBConvertibleRedeemableVoting,DirectInvestment,RepurchasebyissuerPrivatePlacements/BlockTrade-MeasuresforAdministrationofStrategicInvestmentbyForeignInvestorsinListedCompanies（外国投资者对上市公司战略投资管理办法）2006-02-01PutbacktofoundersTradesaleForcedtradesaleReversetakeoversLiquidation-MeasuresforLiquidationofEnterprisewithForeignInvestment,DirectInvestment,RMBFund,对外贸易经济合作部、科学技术部、国家工商行政管理总局、国家税务总局、外汇管理局令2003年第2号（PromulgatedbytheMinistryofForeignTradeandEconomicCooperation，MinistryofScienceandTechnology，StateAdministrationforIndustryandCommerce，StateAdministrationofTaxationandStateAdministrationofForeignExchangeon30January2003andeffectiveasof1March2003.）,RMBFundRegulations,thenumberofinvestorsshallbemorethantwoandlessthan50，andthereshallbeatleastonerequisiteinvestorasspecifiedinArticle7；theminimumamountofcapitalcontributionaNon-legalPersonVentureInvestmentEnterprise-US$10millionaCorporateVentureInvestmentEnterprise-US$5million.havingaclearorganizationalform；havingaclearandlegitimateinvestmentdirection；atleastthreeprofessionalmanagementpersonnelwithexperienceinventureinvestmentbusiness；andotherconditionsstipulatedbylawsandadministrativeregulations.,RMBFundRegulation,havingventureinvestmentasitsmainlineofbusiness；havingcumulativecapitalunderitsmanagementofnotlessthanUS$100millioninthethreeyearsbeforetheapplication，andatleastUS$50millionofwhichhasbeenusedforventureinvestment.havingatleastthreeprofessionalmanagementpersonnelwithnotlessthanthreeyearsexperienceinventureinvestmentbusiness；nothavebeenprohibitedbythejudicialauthoritiesorotherrelevantregulatoryauthoritiesoftheirowncountriesfromengaginginventureinvestmentorinvestmentandconsultancybusiness，orsubjectedtopenaltyforreasonssuchasfraud；capitalcontribution-aNon-legalPersonVentureInvestmentEnterprise1%;aCorporateVentureInvestmentEnterprise-notlessthan30%,SetupaWFOE,WFOEasinvestmentvehicle,ConsentoftheCommerceDepartmentApprovalofsupervisorydepartmentApprovalofCSRCShanghaistockexchangeShenzhenstockexchangeShenzhenSME,AShareMarketasanExitChannel,RegulatoryrisksP