Beijin Institute is a financial state-owned assets trading platform designated by People's Republic of China (PRC) and the Ministry of Finance. Decree No.54 of the Ministry of Finance "Measures for the Administration of the Transfer of State-owned Assets of Financial Enterprises" stipulates that the transfer of state-owned property rights of unlisted financial enterprises shall be conducted in public in legally established property rights trading institutions at or above the provincial level, and shall not be restricted by regions, industries, capital contribution and affiliation.