Legal analysis: Shanghai United Property Rights Exchange is a comprehensive property rights transaction service institution with legal person qualification approved by Shanghai Municipal People's Government. It is a specialized market platform integrating property rights, creditor's rights, equity, intellectual property rights and other trading services. The State Council SASAC is the designated institution engaged in the transfer of state-owned property rights of central enterprises, and the chairman of the Yangtze River Basin Property Rights Exchange.
Legal basis: Article 8 of the Securities Law of People's Republic of China (PRC). State audit institutions shall, according to law, exercise audit supervision over securities trading places, securities companies, securities registration and settlement institutions and securities supervision and administration institutions.