Asset custody business is a business that accepts clients' entrustment, safely keeps clients' assets, performs supervisory duties and provides investment management-related services. 1On February 24th, 998, with the approval of China Securities Regulatory Commission and China People's Bank, China Industrial and Commercial Bank became the first domestic securities investment fund custodian bank. Asset reorganization refers to the reasonable division and structural adjustment of the assets and liabilities of the original enterprise when the enterprise is reorganized into a listed company, and the assets and organizations of the enterprise are reorganized and set up through merger and division. The narrow sense of asset reorganization only refers to the division and reorganization of enterprise assets and liabilities, while the broad sense of asset reorganization also includes the establishment and reorganization of enterprise institutions and personnel, and the adjustment of business institutions and management systems. At present, asset reorganization generally refers to asset reorganization in a broad sense.
Custody is the custody and supervision of assets, and reorganization is a substantial change. Because asset reorganization may have a significant impact on the stock price, the opening time should be after the reorganization is completed.