LW6134 Chinese and Comparative Company Law
rule Mainland China Translation unavailable

Measures for the Administration of Takeovers of Listed Companies (2025 Amendment)

上市公司收购管理办法（2025年修正）

CSRC measures governing listed-company takeovers, control changes, tender offers, disclosure, exemptions, adviser duties, and investor protection.

Open source

Use It For

Use this for listed-company control transactions, tender offers, agreement acquisitions, indirect acquisitions, disclosure thresholds, and takeover exemptions.

Teaching Notes

This resource supersedes the 2020 amendment. Pair it with CSRC Securities and Futures Law Application Opinion No. 19 for Articles 13 and 14, especially when teaching shareholding-disclosure thresholds and concerted-action control analysis. The source link is the MOFCOM policy database’s consolidated text; the amendment is cited to CSRC Order No. 227.