Core Viewpoint - The National Energy Administration has released a draft for public consultation regarding the management of the extension and cancellation of electricity business licenses, aiming to standardize procedures and protect the rights of license holders while ensuring the safe and stable operation of the electricity system [1][2]. Summary by Sections General Principles - The purpose of the draft is to regulate the extension and cancellation of electricity business licenses, protect the legal rights of license holders, and promote the safe and stable operation of the electricity system [3]. - The draft applies to the extension and cancellation of electricity business licenses, defining the processes for both actions [4]. Extension of Electricity Business Licenses - License holders must apply for an extension 30 days before the expiration of their license, submitting necessary documents including an application form signed by the legal representative and copies of identification [8]. - If the submitted materials are incomplete, the agency must inform the applicant once, and if complete, a decision on the extension must be made within 10 working days after formal acceptance [6][8]. - Changes in the registration or licensing matters must be handled according to relevant regulations before applying for an extension [8]. Withdrawal and Revocation of Licenses - The agency can withdraw a license if the legal basis for the license changes or if significant changes in circumstances occur [10]. - Revocation can occur if the agency acted beyond its authority or if the applicant did not meet the necessary qualifications [11][12]. - Before making a decision to withdraw or revoke, the agency must inform the license holder and allow for their response [13]. Cancellation of Licenses - Certain conditions require the cancellation of licenses, such as dissolution, bankruptcy, or other legal stipulations [19]. - The agency must process cancellation requests within specified timeframes after the relevant events occur [19][20]. - If a license holder fails to apply for cancellation, the agency can publish a cancellation notice on its website [22]. Final Provisions - The draft specifies that the term "day" refers to calendar days and will be effective for five years upon issuance, replacing the previous management measures [26][27].