Member Article

For a long time, overseas listing of domestic enterprises has been one of the major ways for investment institutions to exit. The filing-based system for overseas offering and listing adopts a unified regulation pattern over direct overseas listing and indirect overseas listing, optimizes the original examination and approval procedures for direct overseas listing and full circulation, and meanwhile increases the filing requirements for indirect overseas listing. For private equity investment funds and other institutional investors, the filing-based system not only brings more options for their investment and future exits, but also brings some new challenges, especially in the aspect of shareholder verification.

As the fifth episode of the series of New Era of Filing-based System for Overseas Offering and Listing[1], this article summarizes the information disclosure and verification requirements for investors acting as shareholders of issuers in overseas listing from the perspective of domestic enterprises' investors for your reference.