(2) The intended transferee infringes the legal rights and interests of the transferor by acquiring the commercial secrets of the transferor or the target enterprise;
(3) The intended transferees collude with each other to upset fair competition and infringe legal rights and interest of the transferor;
(4) The intended transferee fails to proceed to the transaction or gives up the acquisition without a sound reason;
(5) The other conditions that the deposit shall not be refunded stipulated in the Equity Transfer Announcement; and
(6) The intended transferee breaks the laws, regulations or the relevant provisions and causes losses to the transferor.