Legal basis: Measures for the Administration of Financial Consulting Services for Mergers and Acquisitions of Listed Companies Article 2 Financial consulting services for mergers and acquisitions of listed companies refer to providing professional services such as transaction valuation, scheme design and professional advice for major asset reorganization, merger, division and share repurchase of listed companies, which have a significant impact on the ownership structure, assets and liabilities, income and profits of listed companies.
Securities companies, securities investment consulting institutions or other qualified financial consulting institutions (hereinafter referred to as financial consulting institutions) approved by China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission) may engage in financial consulting business of mergers and acquisitions of listed companies in accordance with the provisions of these Measures.
Without the approval of the China Securities Regulatory Commission, no unit or individual may engage in the financial consulting business of mergers and acquisitions of listed companies.