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Operating Guideline for Mixed-Ownership Reform of Central Enterprises

中央企业混合所有制改革操作指引

SASAC operating guideline for mixed-ownership reform by central enterprise subsidiaries through property-right transfers, capital increases, IPOs, listed-company restructurings, new entities, or investments.

Use It For

Use this for mixed-ownership restructuring, strategic investor introduction, property-exchange transactions, employee incentives, and governance redesign after private capital enters an SOE.