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Document of the State-owned Assets Supervision and Administration Commission of the State Council

No. 120 Property Rights Document Issued by the SASAC in 2009

  Circular on Releasing the Operating Rules for Transactions of Enterprises’ State-owned Property Rights

  To the State-owned Assets Supervision and Administration Commission of all provinces, autonomous regions, municipalities, cities specifically designated in the state plan and Xinjiang Production and Construction Crops, all central SOEs, Shanghai United Assets and Equity Exchange (SUAEE), China Beijing Equity Exchange (CBEX), Tianjin Property Rights Exchange and Chongqing United Assets and Equity Exchange:

  The Operating Rules for Transactions of Enterprises’ State-owned Property Rights were formulated based on the Law of the People’s Republic of China on the State-Owned Assets of Enterprises, the Interim Measures for the Supervision and Administration of State-Owned Assets of the Enterprises (Decree No. 378 of the State Council), the Interim Measures for the Management of the Transfer of the State-owned Property Right of Enterprises (Decree No. 3 of the SASAC and the Ministry of Finance) and related rules and regulations in order to standardize the transactions of enterprises’ state-owned property rights. Now, the Operating Rules were printed and issued. Please implement the Rules in line with the practical conditions. Feedback information should be sent to us timely for any issues appeared in implementation of the Rules.

  State-owned Assets Supervision and Administration Commission of the State Council

  June 15, 2009