What assets does the approval belong to?

Intangible assets. The approval document refers to the document approving the application and belongs to intangible assets. Intangible assets refer to identifiable non-monetary assets without physical form. Intangible assets can be divided into broad sense and narrow sense. Intangible assets in a broad sense include financial assets, long-term equity investment, patent rights, trademark rights and so on. Because there is no material entity, it shows some kind of legal right or technology.