The English version is for reference only. If there is any inconsistency or conflict between the English and Chinese version, the Chinese version shall prevail.
I. Operation Basis
Company Law of the People’s Republic of China, Regulations of the People’s Republic of China on the Administration of Company Registration, Law of the People’s Republic of China on Chinese-Foreign Joint Ventures, Rules on the Implementation of the Law of the People’s Republic of China on Chinese-Foreign Joint Ventures, Law of the People’s Republic of China on Chinese-foreign Contractual Joint Ventures, Detailed Rules on the Implementation of the Law of the People’s Republic of China on Chinese-foreign Contractual Joint Ventures, Law of the People’s Republic of China on Foreign Capital Enterprises, and Detailed Rules on Implementation of the Law of the People’s Republic of China on Foreign Capital Enterprises
II. Scope of Application
Registration of cancellation of pledge of equities of foreign invested companies
III. Required Materials
1. Application for Registration of Cancellation of Pledge of Equities (original) signed or stamped by the applicant
2. Certificate of the designated representative or jointly entrusted agent (original)
3. Relevant documents resulting in elimination of the pledge rights caused by elimination of main pledge rights, realization of pledge rights or waiving of the pledge rights by the pledgee or other circumstances as specified by the laws (original)
4. Photocopy of the duplicate of the Business License of the company which the equities belong to (affixing the seal of the company)
5. Other materials to be submitted as required by SAIC
IV. Application Process
The investors shall visit the official website of Shanghai Industrial and Commercial Administration, i.e. or the “Investment and Handling Express in Pilot Area” at the portal website of “Shanghai - China”, and prepare relevant materials according to the applicable requirements, and submit the paper materials to the Investment Management Window of the Comprehensive Service Hall in the pilot area for the purpose of handling the change formalities. If materials are complete and in conformity with the legal form, after completion of handling, replace the Business License at the designated window.
V. Application Location and Contact Information
General Service Hall, 1/F, 9 Jilong Road, Pudong New Area, Shanghai
Post Code: 200131
Contact Tel.: 021-58698202
VI. Complaint Mode
Mode of Complaint to the Management Committee of the China (Shanghai) Pilot Free Trade Zone
Tel.: 021-58697800
Fax: 021-58698705
E-mail: ftzts@pudong.gov.cn
Provided by Lawyers Working Committee of Pudong New Area
