Beijing sets up special funds to reward cultural and creative companies for listing and mergers and acquisitions

全文约0字，阅读需要0分钟

Article 3 Cultural and creative enterprises applying for listing, listing and M & A rewards shall, in principle, meet the following conditions: 2. The enterprise applying for listing rewards has completed the public offering and listing on domestic and overseas exchanges and provided valid supporting materials. Article 7 Cultural and creative enterprises applying for listing, listing and M & A rewards shall submit an award application to the Beijing City State-owned Cultural Assets Supervision and Administration Office within two years after the successful listing, listing or M & A work is completed, and will not be accepted within the time limit...

recently, the Beijing Municipal Office of Supervision and Administration of State-owned Cultural assets issued the detailed rules, which will reward listed companies that meet the requirements. In the detailed rules, the incentive criteria for listing and listing are: 1 million yuan for domestic listing; 1 million yuan for overseas listing; and 600000 yuan for listing.

recently, the Beijing Municipal Office of Supervision and Administration of State-owned Cultural assets issued the detailed rules for the implementation of the listing, listing and M & An incentives of Cultural and Creative Enterprises, a special fund for the development of cultural and creative industries in Beijing (hereinafter referred to as the detailed rules). The detailed rules stipulate that cultural and creative enterprises applying for listing, listing and M & An awards shall, in principle, meet the requirements that the place of registration and the main place of work are in Beijing; the enterprises applying for listing awards have completed public issuance and listing on domestic and overseas exchanges, and provide valid certification materials; enterprises applying for listing awards have completed the listing of the national share transfer system for small and medium-sized enterprises, and provide effective certification materials.

the detailed rules also announced the incentive standards for listing and listing. Domestic listing awards: 1 million yuan per enterprise; overseas listing incentives: 1 million yuan per enterprise; listing awards: 600000 yuan per enterprise. At the same time, the financial, legal and other intermediary service fees incurred in M & A shall be rewarded according to the type of M & An and the transaction volume involved in M & A. For multiple mergers and acquisitions of the same enterprise in the same year, the maximum annual reward shall not exceed 1 million yuan.

the following is the full text of the policy:

Article 1 to standardize the management of special funds for the development of cultural and creative industries in Beijing, these detailed rules for implementation are formulated in accordance with the measures for the Collection, Evaluation and Evaluation of Beijing Special funds for the Development of Cultural and Creative Industries (trial) (Jingwen Zifa (2016) No. 1).

Article 2 the domestic listing referred to in these rules refers to the public listing on the main boards, small and medium-sized boards and gem of the Shanghai and Shenzhen stock markets; the overseas listing refers to the public listing on the exchanges of the Hong Kong Stock Exchange, the New York Stock Exchange, NASDAQ and other countries; the so-called listing refers to the listing on the national SME share transfer system (the new third board). The so-called mergers and acquisitions refer to mergers and acquisitions that are brought into the management of the relevant departments of the China Securities Regulatory Commission or implemented through the Beijing Cultural property Rights Trading Center.

Article 3 Cultural and creative enterprises applying for listing, listing and M & An awards shall, in principle, meet the following conditions:

(1) Cultural and creative enterprises applying for listing or listing awards shall meet the following conditions:

1. The place of registration and main place of work are in Beijing;

2. The enterprises applying for listing awards have completed the public listing on domestic and overseas exchanges and provided valid certification materials;

3. The enterprises applying for listing awards have completed the listing of the national share transfer system for small and medium-sized enterprises and provide valid supporting materials.

(2) Cultural and creative enterprises applying for M & An awards should meet the following conditions:

1. The place of registration and main place of work are in Beijing;

2. The applicant is the acquirer;

3. The applicant is a listed company, an enterprise listed on the new third board, or other cultural and creative enterprises that have been merged and acquired through the Beijing Cultural property Rights Exchange Center;

4. The applicant has completed related matters such as the change of industrial and commercial registration after M & A, and provide valid supporting materials.

Article 4 reward criteria for listing, listing and M & A:

(1) reward criteria for listing and listing:

1. Domestic listing reward: 1 million yuan per enterprise;

2. Overseas listing reward: 1 million yuan per enterprise;

3. Listing reward: 600000 yuan for each enterprise.

(2) incentive criteria for M & A:

for financial, legal and other intermediary service fees incurred during M & A, certain rewards shall be given according to the type of M & An and the transaction volume involved in M & A. For multiple mergers and acquisitions of the same enterprise in the same year, the maximum annual reward shall not exceed 1 million yuan.

1. Domestic mergers and acquisitions: if the transaction volume of M & An is less than 50 million yuan (excluding), 50% of the actual expenses shall be rewarded, and the maximum annual reward amount for a single project shall not exceed 300000 yuan; if the transaction volume of M & An is more than 50 million yuan (inclusive), 60% of the actual expenses shall be rewarded, and the maximum annual reward amount for a single project shall not exceed 400000 yuan;

2. Overseas mergers and acquisitions: if the value of M & A transactions is less than 50 million yuan (excluding), 60% of the actual expenses shall be rewarded, and the maximum annual reward amount for a single project shall not exceed 500000 yuan; if the amount of mergers and acquisitions transactions is more than 50 million yuan (inclusive), 70% of the actual expenses shall be rewarded, and the maximum annual reward amount for a single project shall not exceed 800000 yuan.

Article 5 after passing the preliminary examination, the project unit shall submit detailed information (which can be adjusted according to the situation each year) to the accepting units in each district within the prescribed time limit, including:

(1) Enterprises applying for listing awards shall submit the following materials:

1. Enterprise basic information table (derived from the declaration system and stamped);

2. Basic status table of the project (derived from the declaration system and stamped);

3. Project declaration commitment (derived from the declaration system and stamped);

4. Photocopy of business license of enterprise legal person (with official seal);

5. Copy of organization code certificate (with official seal);

6. Photocopy of the relevant agreement signed between the enterprise or the corresponding overseas special purpose company and the securities company (affixed with official seal);

7. Photocopies of approved enterprise issuance and listing applications, filing documents and other supporting materials issued by the relevant competent departments (with official seal);

8. The last two annual audit reports and financial status-related materials (with official seal);

9. A copy of the tax payment certificate of the enterprise last year or the tax payment certificate of the bank of the previous year (with official seal);

10. Other materials that need to be supplemented.

(2) Enterprises applying for listing awards should submit the following materials:

1. Enterprise basic information table (derived from the declaration system and stamped);

2. Basic status table of the project (derived from the declaration system and stamped);

3. Project declaration commitment (derived from the declaration system and stamped);

4. Photocopy of business license of enterprise legal person (with official seal);

5. Copy of organization code certificate (with official seal);

6. A copy of the relevant agreement signed between the enterprise and the securities company (with the official seal);

7. Photocopy of the letter agreeing to the listing of Enterprise shares in the National SME share transfer system issued by the National SME share transfer system (with official seal);

8. The last two annual audit reports and financial status-related materials (with official seal);

9. A copy of the tax payment certificate of the enterprise last year or the tax payment certificate of the bank of the previous year (with official seal);

10. Other materials that need to be supplemented.

(3) Enterprises applying for M & An awards should submit the following materials:

1. Enterprise basic information table (derived from the declaration system and stamped);

2. Basic status table of the project (derived from the declaration system and stamped);

3. Statement that the project reporting unit is responsible for the authenticity of the submitted materials (derived from the declaration system and stamped);

4. Photocopy of business license of enterprise legal person (with official seal);

5. Copy of organization code certificate (with official seal);

6. A copy of the relevant agreement signed between the enterprise and the securities company, or with other intermediary agencies (with official seal);

7. Industrial and commercial registration change materials, and other relevant materials certifying the occurrence of mergers and acquisitions (with official seal);

8. Detailed list of M & An expenses (with official seal), corresponding to the supporting materials of expenses in the order of detailed expenditure items (contracts, photocopies of invoices, etc.);

9. The last two annual audit reports and financial status-related materials (with official seal);

10. A copy of the tax payment certificate of the enterprise last year or the tax payment certificate of the bank of the previous year (with official seal);

11. Other materials that need to be supplemented.

Article 6 Article 5 of these rules, in accordance with the Circular on implementing the opinions of the General Office of the State Council on speeding up the Reform of the Registration system of "Integration of three certificates" (Industrial and Commercial Enterprise Note (2015) No. 121), enterprises that have renewed their business licenses loaded with unified social credit codes are no longer required to provide organizational code certificates.

Article 7 A cultural and creative enterprise that applies for listing, listing or merger and acquisition shall, within two years after the successful listing, listing or completion of the merger and acquisition, submit an application for award to the Beijing Municipal Office of Supervision and Administration of State-owned Cultural assets, which shall not be accepted within the time limit.

Article 8 the Beijing Municipal Office of Supervision and Administration of State-owned Cultural assets shall be responsible for interpreting these rules.

Article 9 these rules shall enter into force as of the date of promulgation.

Edit: vian