Interim Measures for the Administration of Free Transfer of Bet365 sportsbook review Property Rights of Enterprises

Chapter 1 General Provisions

Article 1 To regulate the free transfer of Bet365 sportsbook review property rights of enterprises，Guarantee the orderly flow of Bet365 sportsbook review property rights of enterprises，Prevent the loss of Bet365 sportsbook review assets，According to the "Interim Regulations on the Supervision and Administration of Bet365 sportsbook review Assets of Enterprises" (State Council Order No. 378) and other relevant regulations，Develop these measures。

Article 2 The free transfer of Bet365 sportsbook review property rights of enterprises as referred to in these Measures，refers to the Bet365 sportsbook review property rights of enterprises in government agencies、Public institution、Wholly Bet365 sportsbook review enterprise、Free transfer between wholly Bet365 sportsbook review companies。

Wholly Bet365 sportsbook review company is the party that transfers in or out，Should comply with the bet365 best casino gamesRelevant provisions of the "Company Law of the People's Republic of China"。

Article 3 This Article shall apply to the free transfer of Bet365 sportsbook review property rights of enterprises (hereinafter collectively referred to as invested enterprises) and their subsidiaries at all levels that authorize their Bet365 sportsbook review assets supervision and administration agencies (hereinafter referred to as Bet365 sportsbook review assets supervision agencies) to perform the responsibilities of investors (hereinafter collectively referred to as invested enterprises) and their subsidiaries at all levels. way。

Free transfer of Bet365 sportsbook review shares of a joint stock company，According to relevant national regulations。

Article 4 The free transfer of Bet365 sportsbook review property rights of enterprises shall follow the following principles:

(1) Comply with relevant national laws, regulations and industrial policies；

(2) Meet the needs of Bet365 sportsbook review economic layout and structural adjustment；

(3) It is conducive to optimizing the industrial structure and improving the core competitiveness of enterprises；

(4) Both parties reach consensus on the transfer.

Article 5 The ownership of the state-owned property rights of the Bet365 sportsbook reviewtransferred enterprise shall be clear。State-owned property rights of enterprises whose ownership relationships are unclear or where there are ownership disputes shall not be transferred free of charge。Free transfer of state-owned property rights of enterprises set as security interests，Should comply with the bet365 best casino gamesRelevant provisions of the "Guarantee Law of the People's Republic of China"。Transfer of state-owned equity of limited liability company，Relevant provisions of the "Company Law of the People's Republic of China" should also be followed。

Chapter 2 Procedures for the free transfer of Bet365 sportsbook review property rights of enterprises

Article 6: A feasibility study shall be conducted on the free transfer of Bet365 sportsbook review property rights of enterprises。The feasibility study report on free transfer should generally state the following contents:

(1) Industry conditions of the Bet365 sportsbook reviewtransferred enterprise and relevant national laws and regulations、Industrial policy regulations；

(2) The main business situation of the Bet365 sportsbook reviewtransferred enterprise and its transfer、Delineate the relationship between the main business and development plan of the party’s enterprise；

(3) Financial status and contingent liabilities of the Bet365 sportsbook reviewtransferred enterprise；

(4) Personnel status of the Bet365 sportsbook reviewtransferred enterprise;

(5) The transferee’s restructuring plan for the Bet365 sportsbook reviewtransferred enterprise，Include investment plan、Source of funds、Benefit prediction and risk countermeasures, etc.；

(6) Other circumstances that need to be explained.

Article 7 The two parties to the transfer shall conduct a feasibility study on the basis of the feasibility study，Conduct review in accordance with internal decision-making procedures，And form a written resolution。

The transferee (the transferee) is a wholly state-owned enterprise，Should be reviewed by the general manager’s office meeting；Having established a board of directors，Deliberated by the Board of Directors。The transferred party (the transferred party) is a wholly state-owned company，Should be reviewed by the board of directors；Those that have not yet established a board of directors，Deliberated by the general manager’s office meeting。Involved employee diversion and resettlement matters，Should be reviewed and approved by the workers’ congress of the Bet365 sportsbook reviewtransferred enterprise。

Article 8 The transferring party shall notify the creditors of the enterprise (unit) regarding the free transfer，And formulate corresponding debt disposal plan。

Article 9 Both parties to the transfer shall organize the Bet365 sportsbook reviewtransferred enterprise to conduct audits or liquidate assets and capital in accordance with relevant regulations，The audit report issued by an intermediary agency or the asset liquidation and capital verification results approved by the state-owned assets regulatory agency of the transferring party shall be used as the basis for the free transfer of state-owned property rights of an enterprise。

Article 10: Transfer after consensus reached by both parties，An agreement on the free transfer of Bet365 sportsbook review property rights of enterprises should be signed。The transfer agreement should include the following main contents:

(1) The names and addresses of both parties entering and delimiting;

(2) Basic situation of the Bet365 sportsbook reviewtransferred enterprise;

(3) The amount of state-owned property rights of the Bet365 sportsbook reviewtransferred enterprise and the transfer base date；

(4) Diversion and resettlement plan for employees involved in Bet365 sportsbook reviewtransferred enterprises；

(5) Claims involved in the Bet365 sportsbook reviewtransferred enterprise、Debts (including debts owed to employees) and contingent liabilities solutions；

(6) Transferring the liability for breach of contract between both parties;

(7) Dispute resolution methods;

(8) Conditions for the agreement to take effect;

(9) Transfer other terms deemed necessary by both parties.

After the free transfer is approved in accordance with the procedures stipulated in these Measures，The transfer agreement takes effect。Before the transfer agreement takes effect，The transfer party shall not perform or partially perform the transfer。

Article 11 Both parties to the transfer shall follow the relevant approval documents and transfer agreement，Perform accounting adjustments，Go through property rights registration and other procedures as required。

Chapter 3 Approval of the free transfer of Bet365 sportsbook review property rights of enterprises

Article 12 The Bet365 sportsbook review property rights of an enterprise are transferred free of charge between enterprises invested by the same Bet365 sportsbook review assets supervision agency，The invested enterprises shall jointly submit the report to the Bet365 sportsbook review assets supervision agency for approval。

The Bet365 sportsbook review property rights of enterprises are transferred free of charge between enterprises invested by different Bet365 sportsbook review assets supervision agencies，Based on the property ownership relationship between the two parties to the transfer，The invested enterprises shall submit to the Bet365 sportsbook review assets supervision and administration authority at the same level for approval。

Article 13 Enterprises that implement the separation of government and enterprise，The Bet365 sportsbook review property rights are transferred to the invested enterprises or their subsidiaries for free，Approved separately by Bet365 sportsbook review assets supervision agencies and competent authorities at the same level。

Article 14 The Bet365 sportsbook review property rights of enterprises invested by the Bet365 sportsbook review assets supervision agency of the lower-level government are transferred free of charge to those held by the enterprises invested by the Bet365 sportsbook review assets supervision and administration agency of the higher-level government or their subsidiaries，Approved separately by the lower-level government and the higher-level government Bet365 sportsbook review assets supervision agency。

Article 15 The Bet365 sportsbook review property rights of an enterprise are transferred within the invested enterprise without compensation，Approved by the invested enterprise and copied to the Bet365 sportsbook review assets supervision agency at the same level。

Article 16 Approval of free transfer of Bet365 sportsbook review property rights of enterprises，The following written materials should be reviewed:

(1) Application documents for free transfer;

(2) Resolution of the general manager’s office meeting or the board of directors regarding the free transfer；

(3) Property registration certificates of both parties to the transfer and the Bet365 sportsbook reviewtransferred enterprise；

(4) Feasibility study bet365 live slot machinereport on free transfer;

(5) Free transfer agreement signed by both parties;

(6) The audit report issued by the intermediary agency on the transfer base date of the Bet365 sportsbook reviewtransferred enterprise or the approval document of the assets and capital verification results of the state-owned assets supervision agency at the same level；

(7) Debt disposal plan of the transferring party;

(8) Employee diversion and resettlement plan approved by the workers’ congress of the Bet365 sportsbook reviewtransferred enterprise；

(9) Other relevant documents.

Article 17 After the free transfer of Bet365 sportsbook review property rights of enterprises is approved，The transferring party and the transferring party adjust the property rights transfer ratio or there are major changes in the transfer agreement，Should be resubmitted for approval in accordance with prescribed procedures。

Article 18 Any of the following circumstances，Free transfer is not allowed:

(1) The main business of the Bet365 sportsbook reviewtransferred enterprise does not comply with the main business and development plan of the transferred party；

(2) The intermediary agency issues a negative opinion on the financial report of the Bet365 sportsbook reviewtransferred enterprise on the transfer base date、Disclaimer of opinion or qualified audit report；

(3) The employee diversion and resettlement matters involved in the free transfer have not been reviewed and approved by the workers’ congress of the Bet365 sportsbook reviewtransferred enterprise；

(4) The Bet365 sportsbook reviewtransferred enterprise’s contingent liabilities have not been properly resolved；

(5) The transferring party’s debts do not have a proper solution plan.

Article 19 The following free transfer matters，Based on the audit report of the Bet365 sportsbook reviewtransferred enterprise in the previous year (or the most recent) issued by the intermediary agency or the asset liquidation and capital verification results approved by the state-owned assets supervision agency，Directly adjust accounts，And handle property rights registration and other procedures as required。

(1) The Bet365 sportsbook review property rights of the invested enterprises decided by the government are transferred to other invested enterprises free of charge by the Bet365 sportsbook review assets supervision agency at the same level；

(2) The Bet365 sportsbook review property rights of the invested enterprises determined by the superior government are with the superior government、Free transfer between lower-level government Bet365 sportsbook review assets supervision agencies；

(3) Delimited by、The free transfer of the Bet365 sportsbook review property rights of the invested enterprise decided by the transferring party's government between the Bet365 sportsbook review assets supervision agencies of the governments that are not affiliated with each other；

(4) Enterprises that implement the separation of government and enterprise as determined by the government，The Bet365 sportsbook review property rights are transferred to the Bet365 sportsbook review assets regulatory agency for free；

(5) Others determined by the government or Bet365 sportsbook review assets supervision agencies according to the layout of the Bet365 sportsbook review economy、Free transfer matters that need to be decided on structural adjustment and reorganization。

Chapter 4 Supplementary Provisions

Article 20 Free transfer of Bet365 sportsbook review property rights of enterprises overseas and measures for the free transfer of Bet365 sportsbook review property rights of overseas enterprises Bet365 Online Live Dealershall be formulated separately。

Article 21 The free transfer of physical assets of enterprises shall be implemented with reference to these Measures。

Article 22 These Measures shall come into effect on the date of promulgation.