After examining the foreign exchange registration certificate of overseas direct investment of domestic institutions, the relevant financial statements of overseas enterprises and their profit disposal decisions, the annual inspection report of the previous year and other related materials, the designated foreign exchange banks shall handle the procedures for recording or settlement of overseas direct investment profits for domestic institutions.

Article 18 The foreign exchange income obtained by domestic institutions from capital reduction, share conversion and liquidation of established overseas enterprises shall be recorded in the special foreign exchange account for realizing assets, or retained abroad with the approval of the foreign exchange bureau. The opening and entry of the special foreign exchange account for realizing assets shall be approved by the local foreign exchange bureau in accordance with relevant regulations, and the settlement of funds in the account shall be directly applied to the designated foreign exchange bank in accordance with relevant regulations.

Article 19 If a domestic institution transfers all or part of the equity of its overseas direct investment enterprise to other domestic institutions, the relevant funds shall be paid in RMB in China. The transferor of equity shall go through the formalities of alteration or cancellation of foreign exchange registration of overseas direct investment at the local foreign exchange bureau, and the transferee of equity shall go through the formalities of foreign exchange registration of overseas direct investment at the local foreign exchange bureau.