Legal basis: Article 84 of the Measures for the Administration of Acquisition of Listed Companies is deemed to have the control right of listed companies in any of the following circumstances:
(1) The investor is the controlling shareholder holding more than 50% of the shares of the company;
(two) investors can actually control more than 30% of the voting rights of listed companies;
(3) investors can decide to appoint more than half of the members of the board of directors of the company by actually controlling the voting rights of the shares of the listed company;
(4) The voting rights of the shares of the listed company actually controlled by the investors are sufficient to have a significant impact on the resolutions of the shareholders' meeting of the company;
(five) other circumstances identified by the China Securities Regulatory Commission.