Process of equity transfer of state-owned share-holding enterprises: (1) Formulate a transfer plan and report it to the competent department of state-owned property rights for approval. (2) The transferor shall organize assets verification and prepare the balance sheet and asset transfer list. The special provisions concerning the supervision of state-owned assets in the equity transfer of state-owned enterprises must comply with the provisions of Article 30 of the Company Law on equity transfer, and follow the provisions of the People's Republic of China (PRC) Company Law, the Interim Regulations on the Supervision and Administration of State-owned Assets of Enterprises, the Interim Measures for the Administration of the Transfer of State-owned Property Rights of Enterprises and the trading rules of the corresponding property rights trading institutions.