CSRC: Properly increase regulatory tolerance for changes in financial conditions, industry competition, and related transactions caused by restructuring.

date
17/05/2025
CSRC issues "Regulatory Requirements for Planning and Implementing Major Asset Restructuring by Listed Companies". Adjust relevant provisions in accordance with the revised "Restructuring Measures". Facilitate the merger and restructuring of listed companies, appropriately increase regulatory tolerance for changes in financial conditions, industry competition, and related party transactions resulting from restructuring, and modify the fourth item of Article 4 to "This transaction should enhance the listed company's ability to operate continuously, not lead to significant adverse changes in financial conditions; contribute to the listed company's focus on its core business, enhance risk resistance; enhance the independence of the listed company, not lead to significant adverse competitive effects or severely affect independence or fairness in related party transactions".