Yes, according to the Regulations of People's Republic of China (PRC) on the Administration of Foreign Debt, the foreign debt of an enterprise needs to be converted into shares and filed with the foreign exchange bureau. Debt-to-equity swap refers to the behavior of enterprises using foreign debt funds to purchase equity of domestic enterprises. According to the relevant regulations, after the foreign debt of an enterprise is converted into equity, it shall timely apply to the foreign exchange bureau for filing, and submit relevant materials and documents. The foreign exchange bureau will examine and approve the filing application according to the authenticity and compliance of the application materials. After the record is passed, the enterprise can formally complete the foreign debt-to-equity swap transaction. Therefore, after the enterprise's foreign debt is converted into equity, it really needs to be filed with the foreign exchange bureau.