In establishing a wholly state-owned company, the registration of establishment should be applied for by the state-authorized investment institution or the state-authorized department.
Not long ago, our country began to invest in some American financial investment institution.
Each QFII can only mandate one investment institution.
A state-authorised investment institution may transfer shares it holds in accordance with the law and may also purchase shares held by other shareholders.
control of trust investment institutions
The Board of directors has three to nine members, appointed or replaced by the state-authorised investment institution or the state-authorised department in accordance with the directors' terms.
