Promulgated: September 30 2003

Applicability: The Measures apply to the transfer of all or part of the state-owned property rights of a state-owned enterprise to the purchaser by the property right owner; to the transfer of all or part of the state-owned equity in a state-owned enterprise to the purchaser by the equity holder; to the sale of all or part of the assets of a state-owned enterprise to the purchaser where the purchaser sets up a new enterprise with the assets themselves or jointly with the enterprise selling the assets; and to the reorganization of an enterprise when a state-owned enterprise attracts investment through a capital increase or by a share issue (Article 2).