Will intangible assets constitute a major asset reorganization?

1- This transaction is a related party transaction, not a major asset reorganization. 2- Related party transactions are transactions between related parties of an enterprise, which often occur in the company's operation and easily lead to unfair results. Major asset reorganization refers to the asset trading behavior of listed companies and their holding companies that purchase or sell assets outside their daily business activities or conduct asset transactions in other ways to reach a specified proportion, resulting in major changes in the main business, assets and income of listed companies. 3- Legal basis: According to Article 3 of Chapter II of Accounting Standards for Enterprises No.36-Disclosure of Related Parties (2006), if one party controls, * * controls or exerts significant influence on the other party, two or more parties are controlled by one party, * * controls or exerts significant influence on the other party, it constitutes a related party. "Guidelines for the Implementation of Related Party Transactions of Listed Companies of Shanghai Stock Exchange" Article 12 Related party transactions of listed companies refer to events that may lead to the transfer of resources or obligations between listed companies or their holding subsidiaries and related parties of listed companies, including: (1) buying or selling assets; (2) Foreign investment (including entrusted financial management and entrusted loans, etc.). ); (3) providing financial assistance; (4) Providing guarantee; (5) Lease in or lease out assets; (six) entrusted or entrusted to manage assets and business; (7) Giving or accepting assets; (8) Restructuring of creditor's rights and debts; (9) Signing a license agreement; (ten) transfer or accept research and development projects; (eleven) the procurement of raw materials, fuel and power; (12) selling products and commodities; (13) Providing or accepting labor services; (fourteen) commissioned or commissioned sales; (15) Deposits and loans of related parties in finance companies; (16) Investing in related parties. (XVII) Other matters identified by the Firm according to the principle that substance is more important than form, which may lead to the transfer of resources or obligations through agreement, including providing financial assistance and guarantee to companies invested by related party * *, giving up capital increase or priority to companies invested by related party * *, etc. Law on the Administration of Major Asset Reorganization of Listed Companies Article 2 This Law shall apply to the asset transactions of listed companies and companies controlled or controlled by them that purchase or sell assets outside their daily business activities or conduct asset transactions in other ways to a prescribed proportion, resulting in major changes in their main business, assets and income (hereinafter referred to as major asset reorganization). A listed company shall issue shares to purchase assets in accordance with the provisions of this law. This Law is not applicable to listed companies that use the raised funds to purchase assets and invest abroad according to the purposes disclosed in the securities issuance documents approved by China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission). Article 3 No unit or individual may use major asset reorganization to damage the legitimate rights and interests of listed companies and their shareholders. Article 4 When a listed company implements a major asset reorganization, all parties must disclose or provide information in a timely and fair manner, and ensure that the information disclosed or provided is true, accurate and complete, and there shall be no false records, misleading statements or major omissions. Article 5 Directors, supervisors and senior managers of a listed company shall be honest, trustworthy, diligent and conscientious, safeguard the safety of the company's assets and safeguard the legitimate rights and interests of the company and all shareholders. Principles and standards for major asset restructuring: Article 11 When a listed company implements major asset restructuring, it shall fully state that the transaction meets the following requirements and disclose them: (1) It complies with national industrial policies and laws and administrative regulations on environmental protection, land management and anti-monopoly; (2) It will not cause the listed company to fail to meet the conditions for listing shares; (3) The assets involved in major asset restructuring are priced fairly, and there is no circumstance that damages the legitimate rights and interests of listed companies and shareholders; (4) The ownership of assets involved in major asset restructuring is clear, there are no legal obstacles to asset transfer, and the related creditor's rights and debts are handled legally; (5) It is conducive to the ability of the listed company to continue to operate, and there is no situation that may lead to the reorganization of the listed company's main assets as cash or no specific business; (6) It is conducive to the listed company's independence from the actual controller and its related parties in terms of business, assets, finance, personnel, institutions, etc., and conforms to the relevant provisions of the China Securities Regulatory Commission on the independence of listed companies; (seven) is conducive to the formation or maintenance of a sound and effective corporate governance structure of listed companies. Article 12 A listed company or a company controlled by it purchases or sells assets that meet one of the following criteria, which constitutes a major asset reorganization: (1) The total assets purchased or sold account for more than 50% of the total assets of the listed company at the end of the audited consolidated financial accounting report in the latest fiscal year; (2) The operating income generated from the purchase or sale of assets in the latest fiscal year accounts for more than 50% of the operating income of the listed company in the audited consolidated financial accounting report for the same period; (3) The net assets purchased or sold account for more than 50% of the net assets of the listed company at the end of the audited consolidated financial accounting report in the latest fiscal year, and exceed 50 million yuan. If the purchase or sale of assets does not meet the standards stipulated in the preceding paragraph, but the China Securities Regulatory Commission finds that there are major problems that may damage the legitimate rights and interests of listed companies or investors, it may, according to the principle of prudent supervision, order listed companies to make supplementary disclosure of relevant information, suspend trading, hire independent financial consultants or other securities service institutions for supplementary verification, and disclose professional opinions in accordance with the provisions of this Law.