The purpose of opening a special foreign exchange account for realizing assets is to use domestic institutions or individuals to deposit foreign exchange income from asset realization transactions that are allowed to be retained by foreign exchange management laws and policies. There is no maximum limit for this account, but each fund entry needs to be approved by the foreign exchange bureau, and the bank shall handle the relevant account opening and fund entry procedures with the approval documents issued by the foreign exchange bureau.

Process: 1. Apply for opening a special account for realizing assets.

2. After the foreign party remits the funds, it shall apply to the foreign exchange bureau to transfer this part of foreign exchange into a special account.

Remember, every entry of funds needs to be approved by the foreign exchange bureau.

Your account has been opened. To tell you the entry procedures, you need to provide the following information:

1. A written application for domestic institutions or individuals to obtain foreign exchange income due to the transfer of domestic equity (or assets) to overseas investors, the realization and repatriation of overseas assets or rights and interests;

2. For asset realization transactions that need to be approved by the competent department of commerce (or industry), the approval documents of the competent department of commerce (or industry) corresponding to foreign exchange income shall be provided;

3 equity (or assets) transfer agreement or other valid transaction documents;

4. A copy of the business license of the acquired equity (or assets) enterprise (if the acquired enterprise is a foreign-invested enterprise, its foreign exchange registration certificate, the latest audit report and foreign exchange balance sheet shall also be provided);

5. Notice of receipt of foreign exchange or supporting documents issued by the bank;

6. Supplementary explanatory materials that should be provided for the aforementioned materials.