Core Points - The article outlines the management measures for selecting asset appraisal institutions by administrative and public institutions, state-owned enterprises, and listed companies, aiming to enhance the quality of asset appraisal services [2][3] - It emphasizes the need for fairness and transparency in the selection process, requiring public bidding and clear evaluation criteria [3][4] Group 1: Selection Process - The selection of asset appraisal institutions must adhere to relevant laws and regulations, with decisions made by the shareholders' meeting, board of directors, or internal departments [2][3] - Listed companies must select asset appraisal institutions that are legally registered to provide securities services [3] - The selection process should be conducted through public channels, ensuring that all potential candidates have adequate time to prepare their applications [3][4] Group 2: Evaluation Criteria - Evaluation criteria for asset appraisal institutions should include factors such as fee quotations, qualifications, integrity records, internal management, quality control, and relevant project experience [4][5] - Quality control measures must be a significant part of the evaluation, with a minimum weight of 40% in the scoring system [4][5] - The average price of compliant bids will serve as the benchmark for evaluating quotes, ensuring a fair assessment of costs [5][6] Group 3: Information Security and Compliance - Both the selecting units and asset appraisal institutions must prioritize information security, adhering to national laws and regulations [6][7] - The selection results must be publicly disclosed, including the chosen institution and associated fees [6][7] - Violations of these regulations by state-owned enterprises or listed companies may result in corrective actions from supervisory bodies [8][9]