Special Provisions on the Sale of Shares of Listed Companies by Venture Capital Fund Shareholders
Special Provisions on the Sale of Shares of Listed Companies by Venture Capital Fund Shareholders
Special Provisions on the Sale of Shares of Listed Companies by Venture Capital Fund Shareholders
Announcement of the China Securities Regulatory Commission [2018] No.4
March 1, 2018
The Special Provisions on the Sale of Shares of Listed Companies by Venture Capital Fund Shareholders are hereby promulgated and shall come into force as of June 2, 2018.
Special Provisions on the Sale of Shares of Listed Companies by Venture Capital Fund Shareholders
Article 1 For the purpose of implementing the guidelines under the Several Opinions of the State Council on Promoting the Constant and Healthy Development of Venture Capital Development and giving policy support to venture capital funds committed to long-term investment and value investment for their sale of shares of companies before they launch the IPO, these Provisions are formulated in accordance with the Company Law, the Securities Law, other applicable laws and regulations and the rules of the China Securities Regulatory Commission.
Article 2 Venture capital funds filed with the Asset Management Association of China (hereinafter referred to as the "AMAC") shall be governed by these Provisions, if the following conditions are met,
1.
......
Announcement of the China Securities Regulatory Commission [2018] No.4
March 1, 2018
The Special Provisions on the Sale of Shares of Listed Companies by Venture Capital Fund Shareholders are hereby promulgated and shall come into force as of June 2, 2018.
Special Provisions on the Sale of Shares of Listed Companies by Venture Capital Fund Shareholders
Article 1 For the purpose of implementing the guidelines under the Several Opinions of the State Council on Promoting the Constant and Healthy Development of Venture Capital Development and giving policy support to venture capital funds committed to long-term investment and value investment for their sale of shares of companies before they launch the IPO, these Provisions are formulated in accordance with the Company Law, the Securities Law, other applicable laws and regulations and the rules of the China Securities Regulatory Commission.
Article 2 Venture capital funds filed with the Asset Management Association of China (hereinafter referred to as the "AMAC") shall be governed by these Provisions, if the following conditions are met,
1.
......