In order to reduce the uncertainty of asset restructuring cost and establish a transparent and efficient asset trading market, the regulatory authorities should implement unified and open standards in the examination and approval process to reduce the influence of other factors.
From the decision-making, implementation and pricing of asset reorganization to the supervision, feedback and announcement of reorganization, there are detailed provisions. Every once in a while, laws and regulations will be adjusted according to the latest development of the market, and the role of the regulatory authorities will gradually change from approval to approval to registration.