【锋行链盟】科创板IPO资管计划设立流程及核心要点

Group 1 - The establishment of the Sci-Tech Innovation Board IPO asset management plans must adhere to strict regulatory rules involving multiple parties, including issuers, managers, and investors [2][5] - The process for setting up these plans includes demand positioning, scheme design, internal decision-making, external approval, registration, participation in IPO allocations, and subsequent management and exit strategies [4][5] - The primary purposes for establishing asset management plans are strategic allocation, employee stock ownership, and financial investment [5][6] Group 2 - Compliance requirements include ensuring adherence to asset management regulations, strategic allocation rules, and internal decision-making processes [6][7] - Investors must meet suitability criteria, including financial asset thresholds for individuals and net asset requirements for institutions [7] - Lock-up periods are typically set at 12 months for strategic investors and employee stock plans, with specific conditions for extensions and transfers [7] Group 3 - Information disclosure obligations require issuers to provide details about the nature of the asset management plans, holder structures, funding sources, and lock-up arrangements [7] - Tax planning considerations include VAT on transfer income and income tax obligations for investors, with potential tax incentives for certain regions [7] - Risk control measures must be implemented to manage market, compliance, and operational risks associated with the asset management plans [7]