Red chip architecture construction

红筹架构搭建应先核对实际主体、Activities and this matter，Confirm registration separately again、Professional work and ongoing maintenance arrangements。First distinguish the continuity of the subject、Equity changes、Asset Transfer and Establishment of a New Entity。contract、Account、Whether the licenses and debts need to be updated separately，Should be confirmed in combination with actual transactions and applicable systems。

Nature of the matter and applicable boundaries

First distinguish the continuity of the subject、Equity changes、Asset Transfer and Establishment of a New Entity。contract、Account、Whether the licenses and debts need to be updated separately，Should be confirmed in combination with actual transactions and applicable systems。

Centered on the registration number，Establishment documents、All changes、Current articles of association and existing materials arranged correspondingly；When a name or personnel inconsistency is found，Indicate the time and basis for changes。

material、Responsibility and Result Verification

Cannot be presumed in this way。Internal approval、External registration、Separate assessment of contract consent and regulatory approval，Save each file and the effective nodes。

Clearly list the program study、Legal document review、Professional signature、Who is responsible for registration submission and handover respectively?；Verify the qualifications of the practitioner when carrying out regulated work，Do not equate coordination with statutory signing。

Check registration results、Current Articles of Association、Record book、Original、Accounts and banks and contract parties that need to be notified，You cannot use a single form sent by the service provider as proof of completion.。

Red chip architecture construction：Processing conditions、List of Materials and Official References

红筹架构搭建由商务部/发改委/外汇局＋境外登记机关主管。Is it applicable、Handle according to which category of matters，Depends on the subject qualifications、Business activities and actual location/personnel arrangements；Newly established under the same name、change、continue、Cancellation handled separately，Cannot replace each other。

30 Second key point

• Competent authority：商务部/发改委/外汇局＋境外登记机关
• First, look at the conditions：设计境外控股架构（开曼/BVI/香港）与境内权益衔接方式。
• 架构设计：4–8 周
• Validity period：上市前需完成审计、法律与合规整改；上市后持续披露。

Supervisory/Approval Authority

商务部/发改委/外汇局＋境外登记机关

Main basis

《企业境外投资管理办法》（国家发展改革委令第11号）；汇发〔2014〕37号（国家外汇管理局）

Handling method

Online declaration + window/on-site verification (depending on the matter)

Validity period

上市前需完成审计、法律与合规整改；上市后持续披露。

Scope of application：First determine which category it belongs to

Situations that usually require handling：

• 拟以境外主体在境外上市、需要重组境内权益的企业
• 接受美元基金投资、需要境外持股平台的企业

Easily mistaken as needed、But situations that should be verified separately：

• 仅境内融资、无境外上市计划的企业
• 无法完成跨境登记的特殊行业主体

Core Conditions (Checked Item by Item)

1. 设计境外控股架构（开曼/BVI/香港）与境内权益衔接方式。
2. Finish 37 号文登记或 ODI 备案，确保资金与权益路径合法。
3. 处理境内股权重组中的税务与评估问题。
4. 评估外资准入（负面清单）与行业监管要求。

List of materials and common return points

Organize according to acceptance criteria；portion、The requirements for original document verification shall be subject to the current list of the accepting authority.

Material	Key Points / Common Reasons for Returned Items
集团架构图与重组方案
境内主体审计报告
37号文/ODI 登记文件
投资协议与股东资料

Review and On-site Inspection Focus Points

• 37 号文登记时点与融资时点不匹配，会导致后续资金回流受阻。
• 重组中未评估股权转让所得税，成本高企。
• 外资准入限制行业无法直接搭建外资架构。

time limit、Validity Period and Subsequent Obligations

project	illustrate
架构设计	4–8 周
重组与登记	3–9 个月
Validity and Renewal	上市前需完成审计、法律与合规整改；上市后持续披露。

Cost structure (listed separately)，Avoid vague punches

按项目阶段计费；audit、law、评估按第三方收费。

Risk and Responsibility Boundaries

• 为上市而搭建但业务不达标，架构成本无法收回。
• 跨境登记瑕疵会成为上市审核问询重点。

Official Basis and Verification Entry

Basis / Entrance	Issuing Authority	Verification method
《企业境外投资管理办法》	国家发展改革委令第11号	Enforcement 2018-03-01；The current valid text shall prevail
汇发〔2014〕37号	国家外汇管理局	Enforcement 2014-07-04；The current valid text shall prevail
国家外汇管理局	—	Visit

Date of consultation of the above materials：2026November 12。The provisions of the regulations shall be based on the officially published current text.；Service guidelines have regional differences and version updates，The actual acceptance requirements shall be subject to the standards of the accepting authority at the current period.。

tidy：52Agency Website Cross-Border Services Team | Content Review：2026November 12Content Standards and Correction Policy

illustrate：This page is a guide for handling conditions and organizing materials，Does not constitute legal advice、Regulatory approval or approval commitment。Submit application、On-site verification、The issuance of certificates and the decision to open accounts are both independently made by the competent authority or the bank.；Specific scope of services、The costs and deliverables shall be subject to written authorization.。

The following are directions for the initial communication and information verification，The official list is according to the current acceptance requirements、Confirmation of the subject and actual matters。

• Entity Registration、Existing qualifications and authorization materials
• Practical activity、contract、Transactions or assets and the corresponding supporting documents
• Equity、personnel、A truthful description of the location and this change
• Original notice、All previous handling records and the matters pending confirmation this time

This page is for the scope of matters and preparation instructions，Does not replace individual laws、tax、Audit or other professional opinions。Processing conditions、Government fees、Processing time and results are determined according to the applicable regulations and review.，No unified guarantee。

List the consultant's work separately before commissioning、government fees、Capital or balance requirements、Professional signing and other third-party fees；Check the final records and items that still need to be handled during the handover。