【中英文對(duì)照版】監(jiān)管規(guī)則適用指引-會(huì)計(jì)類第1號(hào)

監(jiān)管規(guī)則適用指引一一會(huì)計(jì)類第1號(hào)GuidelinesfortheApplicationofRegulatoryRules-AccountingNo.1制定機(jī)關(guān)：中國(guó)證券監(jiān)督管理委員會(huì)公布日期：2020.11.13施行日期：2020.11.13效力位階：部門(mén)規(guī)范性文件法規(guī)類別：證券監(jiān)督管理機(jī)構(gòu)與市場(chǎng)監(jiān)管證券發(fā)行與承銷IssuingAuthority：ChinaSecuritiesRegulatoryCommissionDateIssued：11-13-2020EffectiveDate：11-13-2020LevelofAuthority：DepartmentalRegulatoryDocumentsAreaofLaw：SecuritiesRegulatoryInstitutionsandMarketSupervisionandManagementSecuritiesOfferingandUnderwritingGuidelinesfortheApplicationofRegulatoryRules-AccountingNo.1(ChinaSecuritiesRegulatoryCommissiononNovember13,2020)1-1Recognitionandclassificationofspecialequityinvestment1-2Judgmentofsignificantimpact1-3Applicationoftheequitymethodunderspecialmatters1-4Accountingtreatmentoftheparentcompanywhenasubsidiaryusesundistributedprofitstoincreasecapital監(jiān)管規(guī)則適用指引一一會(huì)計(jì)類第1號(hào)（中國(guó)證監(jiān)會(huì)2020年n月13日）1-1特殊股權(quán)投資的確認(rèn)與分類1-2重大影響的判斷1-3特殊事項(xiàng)下權(quán)益法的應(yīng)用1-4子公司以未分配利潤(rùn)轉(zhuǎn)增資本時(shí)，母公司的會(huì)計(jì)處理1-5Recognitionofmergerofenterprises1-5同一控制下企業(yè)合并的認(rèn)定comprehensiveincome,andotherchangesinowner'sequityonthebasisoftheshareholdingratio.監(jiān)管實(shí)踐發(fā)現(xiàn)，部分公司在對(duì)被投資單位因同一控制下企業(yè)合并等特殊事項(xiàng)導(dǎo)致凈資產(chǎn)發(fā)生變動(dòng)時(shí)如何應(yīng)用權(quán)益法，對(duì)準(zhǔn)則的理解存在偏差和分歧?，F(xiàn)就以下特殊事項(xiàng)應(yīng)用權(quán)益法的意見(jiàn)如下：一、聯(lián)營(yíng)企業(yè)發(fā)生同一控制下企業(yè)合監(jiān)管實(shí)踐發(fā)現(xiàn)，部分公司在對(duì)被投資單位因同一控制下企業(yè)合并等特殊事項(xiàng)導(dǎo)致凈資產(chǎn)發(fā)生變動(dòng)時(shí)如何應(yīng)用權(quán)益法，對(duì)準(zhǔn)則的理解存在偏差和分歧。現(xiàn)就以下特殊事項(xiàng)應(yīng)用權(quán)益法的意見(jiàn)如下：一、聯(lián)營(yíng)企業(yè)發(fā)生同一控制下企業(yè)合Mergerofajointventure'senterprisesunderthesamecontrol并Whenajointventurewitnessesamergerofenterprisesunderthesamecontrolandadjuststhecomparativeinformationinitsfinancialstatements,aninvestorshallnotadjustthecomparativeinformationinthefinancialstatements.Whenaninvestor'sequitiesaredilutedduetomergerofajointventure'senterprisesunderthesamecontrol(forexample,ajointventureusesofferingofsharesasconsiderationforabusinessmerger),andtheinvestorstillusestheequitymethodafterdilution,theinvestorshallconductaccountingtreatmentseparatelywiththechangedateoftheshareholdingratioastheboundary(i.e.themergerdateofthejointventure):onthemergerdateofthejointventure,the101010當(dāng)聯(lián)營(yíng)企業(yè)發(fā)生同一控制下企業(yè)合并，并調(diào)整其財(cái)務(wù)報(bào)表的比較信息時(shí)，投資方不應(yīng)當(dāng)調(diào)整財(cái)務(wù)報(bào)表的比較信息。聯(lián)營(yíng)企業(yè)發(fā)生同一控制下企業(yè)合并導(dǎo)致投資方股權(quán)被稀釋（如聯(lián)營(yíng)企業(yè)以發(fā)行股份作為對(duì)價(jià)進(jìn)行企業(yè)合并），且稀釋后投資方仍采用權(quán)益法核算時(shí)，投資方應(yīng)以持股比例變更日（即聯(lián)營(yíng)企業(yè)的合并日）為界分段進(jìn)行會(huì)計(jì)處理：在聯(lián)營(yíng)企業(yè)的合并日，先按照聯(lián)營(yíng)企業(yè)重組前的凈利潤(rùn)與原股權(quán)比例確認(rèn)投資收益并調(diào)整長(zhǎng)期股權(quán)投資賬面價(jià)值，再以調(diào)整后的長(zhǎng)期股權(quán)投資賬面價(jià)值為基礎(chǔ)，計(jì)算聯(lián)營(yíng)企業(yè)重組所導(dǎo)致的股權(quán)稀釋的影響，并將該影響作為聯(lián)營(yíng)企業(yè)所有者權(quán)益的其他變動(dòng)，計(jì)入資本公積（其他資本公積）；變更日之后按照聯(lián)營(yíng)企業(yè)

returnoninvestmentshallbefirstlyrecognizedonthebasisoftheratioofthenetprofitspriortotherestructuringofajointventuretotheoriginalequitiesandthebookvalueofthelong-termequityinvestmentshallbeadjusted,theimpactofequitydilutioncausedbytherestructuringofajointventureshallbecalculatedonthebasisofthebookvalueofthelong-termequityinvestmentafteradjustment,andtheimpactshallbeincludedinthecapitalreserve(othercapitalreserves)asotherchangesinowner'sequityofajointventure;andafterthechangedate,returnoninvestmentshallberecognizedonthebasisoftheratioofnetprofitsafterrestructuringofthejointventureandnewshareholding.10重組后的凈利潤(rùn)與新持股比例確認(rèn)投資收nr?LoWhentheshareholdingratiodecreasesduetopassivedilution,carryforwardof'Incorporatedgoodwill”.二、因被動(dòng)稀釋導(dǎo)致持股比例下降時(shí)，“內(nèi)含商譽(yù)”的結(jié)轉(zhuǎn)11Whenaninvestor'sshareholdingratioisdilutedduetoincreaseofcapitalbyotherinvestorsintheinvestee,andtheinvestorstilladoptstheequitymethodtochecktheinvesteeafterdilution,whentheinvestoradjuststhebookvalueoftherelevantlong-termequityinvestment,theproblemofwhethershall'Incorporatedgoodwill”formedatthetimeofinitialinvestmentbecarriedforwardisfacedwith.'Incorporatedgoodwiir,meansthedifferencebetweentheinitialinvestmentcostoflong-termequityinvestmentandthefairvalue因其他投資方對(duì)被投資單位增資而導(dǎo)致投資方的持股比例被稀釋，且稀釋后投資方仍對(duì)被投資單位采用權(quán)益法核算的情況下，投資方在調(diào)整相關(guān)長(zhǎng)期股權(quán)投資的賬面價(jià)值時(shí)，面臨是否應(yīng)當(dāng)按比例結(jié)轉(zhuǎn)初始投資時(shí)形成的“內(nèi)含商譽(yù)”問(wèn)題。其中，11“內(nèi)含商譽(yù)”是指長(zhǎng)期股權(quán)投資的初始投資成本大于投資時(shí)享有的被投資單位可辨認(rèn)凈資產(chǎn)公允價(jià)值份額的差額。投資方因股權(quán)比例被動(dòng)稀釋而“間接”處置長(zhǎng)期股權(quán)投資的情況下，相關(guān)“內(nèi)含商譽(yù)”的結(jié)轉(zhuǎn)應(yīng)當(dāng)比照投資方直接處置長(zhǎng)期股權(quán)投資處理，即應(yīng)當(dāng)按比例結(jié)轉(zhuǎn)初始投資時(shí)形成

shareoftheinvestee'sidentifiablenetassetsatthetimeofinvestment.Whenaninvestor“indirectly"disposesofthelong-termequityinvestmentduetopassivedilutionoftheequityratio,carryforwardoftherelevant'Incorporatedgoodwiir,shallbehandledbythewaythattheinvestoradoptsfordirectdisposaloflong-termequityinvestment.Namely,'Incorporatedgoodwill”formedatthetimeofinitialinvestmentshallbecarriedforwardproportionallyandtheimpactofrelevantequitydilutionshallbeincludedinthecapitalreserve(othercapitalreserves).的“內(nèi)含商譽(yù)”，并將相關(guān)股權(quán)稀釋影響計(jì)入資本公積（其他資本公積）。Lossescausedbypassivedilutionofequities三、因股權(quán)被動(dòng)稀釋產(chǎn)生的損失Afterconductinganimpairmenttestand投資方進(jìn)行減值測(cè)試并確認(rèn)減值損失（如12Afterconductinganimpairmenttestand投資方進(jìn)行減值測(cè)試并確認(rèn)減值損失（如12采用權(quán)益法核算的長(zhǎng)期股權(quán)投資，若因股權(quán)被動(dòng)稀釋而使得投資方產(chǎn)生損失，投資方首先應(yīng)將產(chǎn)生股權(quán)稀釋損失作為股權(quán)投資發(fā)生減值的跡象之一，對(duì)該筆股權(quán)投資進(jìn)行減值測(cè)試。投資方對(duì)該筆股權(quán)投資進(jìn)行減值測(cè)試后，若發(fā)生減值，應(yīng)先對(duì)該筆股權(quán)投資確認(rèn)減值損失并調(diào)減長(zhǎng)期股權(quán)投資賬面價(jià)值，再計(jì)算股權(quán)稀釋產(chǎn)生的影響并進(jìn)行相應(yīng)會(huì)計(jì)處理。recognizingtheimpairmentloss(ifany),theinvestorshallincluderelevantlossesfromequitydilutionindebit:capitalreserve(othercapitalreserves),anditshallcontinuetoincludethelossesindebit:capitalreserve,whenthebalanceofcredit:capitalreserveisnotenoughtooffset.有）后，應(yīng)當(dāng)將相關(guān)股權(quán)稀釋損失計(jì)入資本公積（其他資本公積）借方，當(dāng)資本公積貸方余額不夠沖減時(shí)，仍應(yīng)繼續(xù)計(jì)入資本公積借方。AjointventurehassufferedlosseswhenithasnotyetactuallymadecapitalcontributionAccordingtotheprovisionsoftheCompanyLaw,ifthereisnospecificagreementondividenddistributionbetweenshareholdersandthereisnospecificstipulationinthecompany'sbylaws,thedistributionofdividendsbetweenshareholdersshallbebasedontheactualpaymentratio.Whereajointventurehassufferedlossesbeforeaninvestormakescapitalcontribution,andtheinvestorneedstoassumelossesofthejointventureaccordingtothespecificstipulationofthecontractualclausesortheprovisionsofthelaws,evenifcapitalcontributionhasnotbeenmade,theinvestorshallalsorecognizetheobligationintheyearwhenthejointventuresufferslosses,otherthanconductingrecognitionatonetimeinthefutureyearsaftercapitalcontributionismade.1-4Accountingtreatmentoftheparentcompanywhenasubsidiaryusesundistributedprofitstoincreasecapital四、聯(lián)營(yíng)企業(yè)在未實(shí)繳出資時(shí)已發(fā)生虧損根據(jù)《公司法》的規(guī)定，若股東之間沒(méi)有關(guān)于分紅的具體約定且公司章程中也沒(méi)有明確規(guī)定，則股東之間的分紅應(yīng)以實(shí)繳比例為基礎(chǔ)。對(duì)于投資方未實(shí)繳出資前聯(lián)營(yíng)企業(yè)發(fā)生虧損的，如果根據(jù)合同條款具體約定或者法律規(guī)定，投資方需承擔(dān)聯(lián)營(yíng)企業(yè)的虧損，即使其尚未實(shí)繳出資，投資方也應(yīng)當(dāng)在聯(lián)營(yíng)企業(yè)產(chǎn)生虧損的年度確認(rèn)該義務(wù)，不應(yīng)等到以后年度實(shí)繳出資之后再一次性確認(rèn)。131-4子公司以未分配利潤(rùn)轉(zhuǎn)增資本時(shí)，母公司的會(huì)計(jì)處理Intheabsenceofequivalentcashoption,ifasubsidiaryincreasescapitalwithundistributedprofitsanditisconsistentwithcapitalizationofcapitalreservesinessence,itisonlyareclassificationofthesubsidiary'sownequitystructure.Theparentcompanyshallnotrecognizerelevantreturnoninvestmentinindividualfinancialstatements.13Inregulatorypractice,itisfoundthatsomecompanieshavedisagreementsonhowshalltheparentcompanyconductaccountingtreatmentwhenasubsidiaryusesundistributedprofitstoincreasecapitalandprovidecashoption.Theopinionsonthismatterareasfollows:Whenasubsidiaryusesundistributedprofitstoincreasecapital,ithasprovidedequivalentcashoptionsforallshareholdersincludingtheparentcompany,thetransactionisessentiallyequivalenttothefactthatthesubsidiaryhasdeclareddistributionofcashdividendstoinvestors.Undersuchcircumstance,theparentcompanyshalladjustthebookvalueofitslong-termequityinvestmentinthesubsidiaryinitsindividualfinancialstatements,andconcurrentlyrecognizereturnoninvestment.Iftheparentcompanydoesnotexercisethecashoption,thetransactioncanbeunderstoodthatthesubsidiaryfirstdistributescashdividendstotheparentcompany,andtheparentcompanyimmediatelyincreasescapitalofthesubsidiarywiththecashdividends在不存在等值的現(xiàn)金選擇權(quán)的情況下，子公司以未分配利潤(rùn)轉(zhuǎn)增資本，與資本公積轉(zhuǎn)增資本的實(shí)質(zhì)一致，僅為子公司自身權(quán)益結(jié)構(gòu)的重分類，母公司不應(yīng)在個(gè)別財(cái)務(wù)報(bào)表中確認(rèn)相關(guān)的投資收益。監(jiān)管實(shí)踐發(fā)現(xiàn)，部分公司對(duì)于子公司以未分配利潤(rùn)轉(zhuǎn)增資本且提供現(xiàn)金選擇權(quán)情況下，母公司如何進(jìn)行會(huì)計(jì)處理存在分歧。現(xiàn)就該事項(xiàng)的意見(jiàn)如下：若子公司在未分配利潤(rùn)轉(zhuǎn)增資本時(shí)，向包括母公司在內(nèi)的所有股東提供了等值的現(xiàn)金選擇權(quán)，該交易實(shí)質(zhì)上相當(dāng)于子公司已經(jīng)向投資方宣告分配了現(xiàn)金股利。在這種情況下，母公司在個(gè)別財(cái)務(wù)報(bào)表中應(yīng)當(dāng)調(diào)整其對(duì)子公司長(zhǎng)期股權(quán)投資的賬面價(jià)值，同時(shí)確認(rèn)投資收益。若母公司并未行使現(xiàn)金選擇權(quán)，則可以將該交易理解為，子公司先向母公司分配現(xiàn)金股利，然后母公司立刻將收取的現(xiàn)金股利對(duì)子公司進(jìn)行增資。14received.1-5Recognitionofmergerofenterprisesunderthesamecontrol1-5同一控制下企業(yè)合并的認(rèn)定Thedefinitionofmergerofenterprisesunderthesamecontrolincludestwocoreelements:first,themergingpartyandthemergedpartyareultimatelycontrolledbythesamepartyorthesamemultiplepartiesbeforeandafterthemerger;second,thefinalcontrolisnottemporary(usuallymorethanoneyear).Inregulatorypractice,itisfoundthatsomecompanieshavedeviationsanddifferencesintheunderstandingofthestandardsforrecognitionofmergerofenterprisesunderthesamecontrol.Theopinionsonhowtoapplytheaforesaidprinciplestospecificmattersareasfollows:同一控制下企業(yè)合并的定義包含兩個(gè)核心要素：一是合并方與被合并方在合并前后受同一方或相同的多方最終控制，二是該最終控制并非暫時(shí)性的（通常指一年以上）O監(jiān)管實(shí)踐發(fā)現(xiàn)，關(guān)于同一控制下企業(yè)合并的認(rèn)定，部分公司對(duì)準(zhǔn)則的理解存在偏差和分歧?，F(xiàn)就具體事項(xiàng)如何適用上述原則的意見(jiàn)如下：BusinessmergerformedbytransferringequitiesbetweenfamilymembersThecriteriaforrecognizingmergerofenterprisesunderthesamecontrolarerelativelystrict.Undernormalcircumstances,equitytransfersbetweenfamilymemberscannotbedirectlyrecognizedasmergerofenterprisesunderthesamecontrol,exceptwhenthetransactionoftransferringequitiesbetweenfamilymembersisrecognized一、家族成員之間轉(zhuǎn)讓股權(quán)形成的企業(yè)合并151515同一控制下企業(yè)合并的認(rèn)定標(biāo)準(zhǔn)較為嚴(yán)格，一般情況下，家族成員之間的股權(quán)轉(zhuǎn)讓不能直接認(rèn)定為同一控制下企業(yè)合并，除非基于交易的商業(yè)實(shí)質(zhì)，依據(jù)實(shí)質(zhì)重于形式的原則，能夠?qū)⒓易宄蓡T之間轉(zhuǎn)讓股權(quán)的交易認(rèn)定為“代持還原”。所謂“代持還原”是指，其他家族成員此前雖然在法律形式上持有股權(quán)，但實(shí)質(zhì)上是代某一

as“restorationofnomineeholding”basedonthecommercialessenceofthetransactionandundertheprincipleofsubstanceoverform.Theso-called“restorationofnomineeholding”meansthatalthoughotherfamilymemberspreviouslyheldequitiesinlegalform,theyactuallyhelditonbehalfofaspecificfamilymember,andthespecificfamilymemberenjoysthemainrisksandremunerationsconcerningequities,theequitytransferunifiesthelegalformandessenceofthetransaction.Therecognitionof“restorationofnomineeholding”requiressufficientevidence,andjudgmentshallbemadeinconsiderationofthesourceoffundswhenthecompanyisformed,theexerciseofthedecision-makingrightcorrespondingtothetransactionequity,determinationofthetransactionprice,andotherfactors.15特定家族成員持有，該特定家族成員享有股權(quán)相關(guān)的主要風(fēng)險(xiǎn)和報(bào)酬，本次股權(quán)轉(zhuǎn)讓使得交易的法律形式與實(shí)質(zhì)相統(tǒng)一?！按诌€原”的認(rèn)定，需要獲取充分的證據(jù)，綜合公司設(shè)立時(shí)的資金來(lái)源、交易股權(quán)對(duì)應(yīng)的決策權(quán)的行使情況、交易價(jià)格的確定等因素進(jìn)行判斷。Transactionsthroughwhichnewlyformedentitiesobtaintherightofcontroloverothercompaniesinthegroup二、新設(shè)主體取得集團(tuán)內(nèi)其他公司控制權(quán)的交易Insometransactions,thegroupformsanewentityforthepurposeofinternalrestructuring.Thenewentity,asthemergingparty,obtainstherightofcontroloverothercompaniesinthesamegroup,andthegroupintendstosellthenewentitytoexternalpartiesintheshortterm.Undersuchcircumstance,whetheratransactionthroughwhichthenewentityobtainstherightofcontroloverothercompaniesin某些交易中，集團(tuán)出于內(nèi)部重組目的設(shè)立一個(gè)新主體，新主體作為合并方取得同一集團(tuán)內(nèi)其他部分公司的控制權(quán)，且集團(tuán)擬短期內(nèi)將新主體對(duì)外出售。在這種情況下，新主體取得集團(tuán)內(nèi)其他公司控制權(quán)的交易能否作為同一控制下的企業(yè)合并處理，取決于新主體的合并財(cái)務(wù)報(bào)表是作為原控股股東的延伸還是作為新控股股東的延伸。如果集團(tuán)內(nèi)部重組交易完全由原控股股東主導(dǎo)，無(wú)論其在一年內(nèi)能否成功將16新主體出售，該重組交易均不會(huì)被撤銷，則新主體的合并財(cái)務(wù)報(bào)表作為原控股股東的延伸，按照同一控制下企業(yè)合并處理較為合理。反之，如果該重組交易與原控股股東后續(xù)喪失對(duì)新主體的控制權(quán)的交易互為前提，構(gòu)成“一攬子交易”，若原控股股東最終未將新主體成功出售，新主體取得集團(tuán)內(nèi)其他公司控制權(quán)的交易將全部撤銷的情況下，則新主體的合并財(cái)務(wù)報(bào)表作為新控股股東的延伸，按照非同一控制下企業(yè)合并處理較為合理。1-6同一控制下企業(yè)合并的會(huì)計(jì)處理同一控制下的企業(yè)合并，應(yīng)當(dāng)采用權(quán)益結(jié)thegroupcanbehandledasmergerofenterprisesunderthesamecontrol,dependsonwhetherthenewentry'sconsolidatedfinancialstatementsareanextensionoftheoriginalcontrollingshareholderoranextensionofthenewcontrollingshareholder.Ifanintra-grouprestructuringtransactioniscompletelydominatedbytheoriginalcontrollingshareholder,nomatterwhetheritcansuccessfullysellthenewentitywithinoneyear,therestructuringtransactionwillnotbecanceled,theconsolidatedfinancialstatementsofthenewentityshallberegardedasanextensionoftheoriginalcontrollingshareholder,anditismorereasonabletohandleitasmergerofenterprisesunderthesamecontrol.Onthecontrary,iftherestructuringtransactionandthetransactionthroughwhichtheoriginalcontrollingshareholdersubsequentlylossestherightofcontroloverthenewentityaremutuallypremisedandconstitutea“packagedeal：新主體出售，該重組交易均不會(huì)被撤銷，則新主體的合并財(cái)務(wù)報(bào)表作為原控股股東的延伸，按照同一控制下企業(yè)合并處理較為合理。反之，如果該重組交易與原控股股東后續(xù)喪失對(duì)新主體的控制權(quán)的交易互為前提，構(gòu)成“一攬子交易”，若原控股股東最終未將新主體成功出售，新主體取得集團(tuán)內(nèi)其他公司控制權(quán)的交易將全部撤銷的情況下，則新主體的合并財(cái)務(wù)報(bào)表作為新控股股東的延伸，按照非同一控制下企業(yè)合并處理較為合理。1-6同一控制下企業(yè)合并的會(huì)計(jì)處理同一控制下的企業(yè)合并，應(yīng)當(dāng)采用權(quán)益結(jié)1-6AccountingtreatmentformergerofenterprisesunderthesamecontrolFormergerofenterprisesunderthe17合法進(jìn)行會(huì)計(jì)處理。合并方在編制合并財(cái)務(wù)報(bào)表時(shí)，應(yīng)當(dāng)對(duì)期初數(shù)和比較報(bào)表進(jìn)行調(diào)整，視同合并后的報(bào)告主體在以前期間一直存在。samecontrol,accountingtreatmentshallbeconductedbythepoolingofinterestmethod.Whenpreparingtheconsolidatedfinancialstatements,themergingpartyshalladjusttheopeningbalanceandcomparativestatements,asifthereportingentityafterconsolidationhasbeeninexistenceinthepreviousperiods.合法進(jìn)行會(huì)計(jì)處理。合并方在編制合并財(cái)務(wù)報(bào)表時(shí)，應(yīng)當(dāng)對(duì)期初數(shù)和比較報(bào)表進(jìn)行調(diào)整，視同合并后的報(bào)告主體在以前期間一直存在。監(jiān)管實(shí)踐發(fā)現(xiàn)，部分公司在對(duì)同一控制下企業(yè)合并應(yīng)用權(quán)益結(jié)合法進(jìn)行會(huì)計(jì)處理時(shí)對(duì)準(zhǔn)則的理解存在偏差和分歧?，F(xiàn)就具體事項(xiàng)如何適用上述原則的意見(jiàn)如下：Inregulatorypractice,itisfoundthatsomecompanieshavedeviationsanddifferencesintheunderstandingofthestandardswhenconductingaccountingtreatmentbythepoolingofinterestmethodformergerofenterprisesunderthesamecontrol.Theopinionsonhowtoapplytheaforesaidprinciplestospecificmattersareasfollows:監(jiān)管實(shí)踐發(fā)現(xiàn)，部分公司在對(duì)同一控制下企業(yè)合并應(yīng)用權(quán)益結(jié)合法進(jìn)行會(huì)計(jì)處理時(shí)對(duì)準(zhǔn)則的理解存在偏差和分歧?，F(xiàn)就具體事項(xiàng)如何適用上述原則的意見(jiàn)如下：BusinessmergerformedbyconcurrentpurchaseofequitiesfromthecontrollingshareholderandathirdpartyInatransactionofmergerofenterprisesunderthesamecontrolformedfromconcurrentpurchaseofequitiesfromthecontrollingshareholderandathirdparty,thepurchaseofequitiesbythemergingpartyfromthecontrollingshareholdershallbehandledasmergerofenterprisesunderthesamecontrol;andthepurchaseofequitiesbythemergingpartyfromathirdpartyshallbehandledaspurchaseofasubsidiary'sminorityequity.Whenpreparingthecomparativeinformationintheconsolidatedfinancialstatements,themergingpartyshallonly一、同時(shí)向控股股東和第三方購(gòu)買(mǎi)股權(quán)達(dá)成的企業(yè)合并在同時(shí)向控股股東和第三方購(gòu)買(mǎi)股權(quán)形成的同一控制下企業(yè)合并交易中，合并方自控股股東購(gòu)買(mǎi)股權(quán)，應(yīng)當(dāng)作為同一控制下的企業(yè)合并處理；合并方自第三方購(gòu)買(mǎi)股權(quán)，應(yīng)當(dāng)作為購(gòu)買(mǎi)子公司少數(shù)股東權(quán)益處理。合并方在編制合并財(cái)務(wù)報(bào)表的比較信息時(shí)，在比較期間應(yīng)只合并自控股股東購(gòu)買(mǎi)的股權(quán)份額，被合并方的其余股權(quán)應(yīng)作為少數(shù)股東權(quán)益列報(bào)；合并日收購(gòu)被合并方的其余股權(quán)時(shí)，作為購(gòu)買(mǎi)子公司少數(shù)股東權(quán)益處理。18合并方在個(gè)別財(cái)務(wù)報(bào)表中，對(duì)于自控股股東購(gòu)買(mǎi)的股權(quán)，其初始投資成本應(yīng)等于被合并方合并日的凈資產(chǎn)賬面價(jià)值乘以自控股股東購(gòu)買(mǎi)的股權(quán)比例，初始投資成本與合并方向控股股東支付對(duì)價(jià)的賬面價(jià)值（或發(fā)行股份的面值）的差額，應(yīng)當(dāng)調(diào)整資本公積，資本公積不足沖減的，則沖減留存收益；對(duì)于自第三方購(gòu)買(mǎi)的股權(quán)，其初始投資成本應(yīng)等于實(shí)際支付給第三方股東的對(duì)價(jià)。合并方在個(gè)別財(cái)務(wù)報(bào)表中，對(duì)于自控股股東購(gòu)買(mǎi)的股權(quán)，其初始投資成本應(yīng)等于被合并方合并日的凈資產(chǎn)賬面價(jià)值乘以自控股股東購(gòu)買(mǎi)的股權(quán)比例，初始投資成本與合并方向控股股東支付對(duì)價(jià)的賬面價(jià)值（或發(fā)行股份的面值）的差額，應(yīng)當(dāng)調(diào)整資本公積，資本公積不足沖減的，則沖減留存收益；對(duì)于自第三方購(gòu)買(mǎi)的股權(quán)，其初始投資成本應(yīng)等于實(shí)際支付給第三方股東的對(duì)價(jià)。mergetheequitysharespurchasedfromthecontrollingshareholderduringthecomparisonperiod,andtheremainingequitiesofthemergedpartyshallbelistedasminorityequity;andwhenpurchasingtheremainingequitiesofthemergedpartyonthemergerdate,itshallbehandledaspurchaseofminorityequityinasubsidiary.Intheindividualfinancialstatementsofthemergingparty,forequitypurchasedfromthecontrollingshareholder,theinitialinvestmentcostshallbeequaltothebookvalueofthenetassetsofthemergedpartyonthemergerdatemultipliedbytheproportionoftheequitypurchasedfromthecontrollingshareholder,andfordifferencebetweentheinitialinvestmentcostandthebookvalueoftheconsiderationpaid(ortheparvalueofthesharesoffered)tothecontrollingshareholder,thecapitalreserveshallbeadjusted,andwherethecapitalreserveisinsufficientforoffsetting,theretainedearningsshallbeoffset;andforequitypurchasedfromathirdparty,theinitialinvestmentcostshallbeequaltotheactualconsiderationpaidtothird-partyshareholders.Theperformancecommitmentmadebyminorityshareholdersinatransactionthroughwhichmergerofenterprisesunderthesamecontrolisconstitutedandminorityequityisconcurrentlypurchased.二、同一控制下企業(yè)合并同時(shí)購(gòu)買(mǎi)少數(shù)股東權(quán)益的交易中，少數(shù)股東作出的業(yè)績(jī)承諾19underthesamecontrol1-6Accountingtreatmentformergerofenterprisesunderthesamecontrol1-7Contingentconsiderationformergerofenterprisesnotunderthesamecontrol1-8Reversepurchase1-9Judgmentofcontrol1-10Offsettingofintra-grouptransactions1-11Howtoconsidergoodwillwhendisposingofpartialequityofsubsidiariesandcalculatingnetassetsharesofsubsidiarieswithoutlosingcontrol1-12Share-basedpaymentingroups1-13Share-basedpaymentplanfeaturedbyone-timegrantandexerciseininstallments1-14Deferredincometaxconcerningequityincentiveplans1-15Recognitionofrevenueonthebasisofthetotalornetamount1-16Determinationofmaterialfinancingcomponents1-6同一控制下企業(yè)合并的會(huì)計(jì)處理1-7非同一控制下企業(yè)合并的或有對(duì)價(jià)1-8反向購(gòu)買(mǎi)1-9控制的判斷1-10集團(tuán)內(nèi)部交易的抵銷1-11不喪失控制權(quán)情況下處置子公司部分股權(quán)計(jì)算子公司凈資產(chǎn)份額時(shí)如何考慮商譽(yù)1-12集團(tuán)內(nèi)股份支付1-13一次授予、分期行權(quán)的股份支付計(jì)劃1-14與股權(quán)激勵(lì)計(jì)劃相關(guān)的遞延所得稅1-15按總額或凈額確認(rèn)收入1-16重大融資成分的確定Inatransactionofmergerofenterprisesunderthesamecontrolandconcurrentpurchaseofminorityequity,thecommitmentonperformancemadebyminorityshareholdersshall,intheconsolidatedfinancialstatementsonthemergerdate,beinitiallyrecognizedatfairvalueasapartofthepurchaseconsiderationforminorityequity;andintheconsolidatedfinancialstatementsonthesubsequentbalancesheetdate,ifthecontingentconsiderationbelongstoafinancialinstrument,thesubsequentchangesinitsfairvalueshallbeincludedinthecurrentprofitandlossinaccordancewiththerelevantprovisionsofthefinancialinstrumentstandards.在同一控制下企業(yè)合并同時(shí)購(gòu)買(mǎi)少數(shù)股東權(quán)益的交易中，對(duì)于少數(shù)股東作出的業(yè)績(jī)承諾，在合并日的合并財(cái)務(wù)報(bào)表中，應(yīng)當(dāng)以公允價(jià)值進(jìn)行初始確認(rèn)并將其作為少數(shù)股東權(quán)益購(gòu)買(mǎi)對(duì)價(jià)的一部分；在后續(xù)資產(chǎn)負(fù)債表日的合并財(cái)務(wù)報(bào)表中，若該或有對(duì)價(jià)屬于一項(xiàng)金融工具，則應(yīng)根據(jù)金融工具準(zhǔn)則的相關(guān)規(guī)定，將其公允價(jià)值的后續(xù)變動(dòng)計(jì)入當(dāng)期損益。IncometaxissuesinvolvedinthereplacementofequityinamergerofenterprisesunderthesamecontrolWhereamergingpartyreplacestheequityofothercompaniesunderthesamecontrolwiththeoriginalsubsidiary'sequityandobtainscontrol,thetransactionconstitutesamergerofenterprisesunderthesamecontrol,andthemergingpartymaypaycorporateincometaxontheincomefromthedisposalofequityduringtheprocessoftransaction.Theincomefromthedisposalofequitiesshallbedividedintosuchtwopartsasprofitsgeneratedduringtheperiodofholdingequitiesandincomefromequityappreciation,forwhichaccountingtreatmentsforrelevantincometaxshallberespectively三、同一控制下企業(yè)合并股權(quán)置換涉及的所得稅問(wèn)題合并方以原有子公司股權(quán)置換同一控制下其他公司股權(quán)并取得控制權(quán)的，該交易構(gòu)成同一控制下企業(yè)合并，合并方在該交易過(guò)程中可能會(huì)因股權(quán)處置所得繳納企業(yè)所得稅。股權(quán)處置所得應(yīng)當(dāng)分為股權(quán)持有期間產(chǎn)生的利潤(rùn)和股權(quán)增值所得兩部分分別考慮相關(guān)所得稅的會(huì)計(jì)處理。在合并財(cái)務(wù)報(bào)表中，當(dāng)合并方對(duì)子公司股權(quán)的持有意圖由長(zhǎng)期持有變?yōu)閷?duì)外出售時(shí)，不再滿足不確認(rèn)遞延所得稅的特殊情況，即投資企業(yè)能夠控制暫時(shí)性差異轉(zhuǎn)回的時(shí)間，且該暫時(shí)性差異在可預(yù)見(jiàn)的未來(lái)很可能不會(huì)轉(zhuǎn)回。因此，合并方應(yīng)就該子公司股權(quán)與持有期間產(chǎn)生的利潤(rùn)相關(guān)的暫時(shí)性差異確認(rèn)20遞延所得稅，并計(jì)入當(dāng)期損益。針對(duì)股權(quán)增值所得部分，由于同一控制下股權(quán)置換交易屬于權(quán)益性交易，與直接計(jì)入所有者權(quán)益的交易或者事項(xiàng)相關(guān)的當(dāng)期所得稅和遞延所得稅應(yīng)當(dāng)計(jì)入所有者權(quán)益。1-7非同一控制下企業(yè)合并的或有對(duì)價(jià)遞延所得稅，并計(jì)入當(dāng)期損益。針對(duì)股權(quán)增值所得部分，由于同一控制下股權(quán)置換交易屬于權(quán)益性交易，與直接計(jì)入所有者權(quán)益的交易或者事項(xiàng)相關(guān)的當(dāng)期所得稅和遞延所得稅應(yīng)當(dāng)計(jì)入所有者權(quán)益。1-7非同一控制下企業(yè)合并的或有對(duì)價(jià)1-7ContingentconsiderationformergerofenterprisesnotunderthesamecontrolWherethecontingentconsiderationofamergerofenterprisesnotunderthesamecontrolconstitutesfinancialassetsorfinancialliabilities,itshallbemeasuredatfairvalueanditschangesshallbeincludedinthecurrentprofitandloss;andwherethecontingentconsiderationisofequitynature,itsaccountingtreatmentshallbeconductedasequitytransaction.21非同一控制下企業(yè)合并中的或有對(duì)價(jià)構(gòu)成金融資產(chǎn)或金融負(fù)債的，應(yīng)當(dāng)以公允價(jià)值計(jì)量并將其變動(dòng)計(jì)入當(dāng)期損益；或有對(duì)價(jià)屬于權(quán)益性質(zhì)的，應(yīng)作為權(quán)益性交易進(jìn)行會(huì)計(jì)處理。21Inregulatorypractice,itisfoundthatsomecompanieshavedeviationsanddifferencesintheunderstandingofthestandardsforcheckingthecontingentconsiderationofthemergerofenterprisesnotunderthesamecontrol.Theopinionsonhowtoapplytheaforesaidprinciplestospecificmattersareasfollows:監(jiān)管實(shí)踐發(fā)現(xiàn)，部分公司在核算非同一控制下企業(yè)合并的或有對(duì)價(jià)時(shí)對(duì)準(zhǔn)則的理解存在偏差和分歧。現(xiàn)就具體事項(xiàng)如何適用上述原則的意見(jiàn)如下：購(gòu)買(mǎi)方在購(gòu)買(mǎi)日和后續(xù)資產(chǎn)負(fù)債表日確定或有對(duì)價(jià)的公允價(jià)值時(shí)，應(yīng)當(dāng)綜合考慮標(biāo)的企業(yè)未來(lái)業(yè)績(jī)預(yù)測(cè)情況、或有對(duì)價(jià)支付方信用風(fēng)險(xiǎn)及償付能力、其他方連帶擔(dān)保責(zé)任、貨幣時(shí)間價(jià)值等因素。涉及股份補(bǔ)償?shù)?，或有?duì)價(jià)的公允價(jià)值應(yīng)當(dāng)以根據(jù)協(xié)議確定的補(bǔ)償股份數(shù)，乘以或有對(duì)價(jià)確認(rèn)時(shí)該股份的市價(jià)（而非購(gòu)買(mǎi)協(xié)議中約定的發(fā)行價(jià)格）計(jì)算，并同時(shí)考慮上述因素。值得注意的是，或有對(duì)價(jià)公允價(jià)值的變化即使發(fā)生在購(gòu)買(mǎi)日后12購(gòu)買(mǎi)方在購(gòu)買(mǎi)日和后續(xù)資產(chǎn)負(fù)債表日確定或有對(duì)價(jià)的公允價(jià)值時(shí)，應(yīng)當(dāng)綜合考慮標(biāo)的企業(yè)未來(lái)業(yè)績(jī)預(yù)測(cè)情況、或有對(duì)價(jià)支付方信用風(fēng)險(xiǎn)及償付能力、其他方連帶擔(dān)保責(zé)任、貨幣時(shí)間價(jià)值等因素。涉及股份補(bǔ)償?shù)?，或有?duì)價(jià)的公允價(jià)值應(yīng)當(dāng)以根據(jù)協(xié)議確定的補(bǔ)償股份數(shù)，乘以或有對(duì)價(jià)確認(rèn)時(shí)該股份的市價(jià)（而非購(gòu)買(mǎi)協(xié)議中約定的發(fā)行價(jià)格）計(jì)算，并同時(shí)考慮上述因素。值得注意的是，或有對(duì)價(jià)公允價(jià)值的變化即使發(fā)生在購(gòu)買(mǎi)日后12個(gè)月內(nèi)，也不屬Whendeterminingthefairvalueofthecontingentconsiderationonthepurchasedateandthesubsequentbalancesheetdate,thepurchasershallcomprehensivelyconsiderthefutureperformanceforecastofthesubjectcompany,thecreditriskandsolvencyofthecontingentconsiderationpayer,thejointandseveralguaranteeliabilityofotherparties,thetimevalueofmoneyandotherfactors.Wheresharecompensationisinvolved,thefairvalueofcontingentconsiderationshallbecalculatedbymultiplyingthenumberofcompensationsharesdeterminedinaccordancewiththeagreementbythemarketpriceoftheshareswhenthecontingentconsiderationisrecognized(ratherthantheofferingpricestipulatedinthepurchaseagreement),andtheaforesaidfactorsshallbeconcurrentlyconsidered.Itisworthnotingthatevenifthefairvalueofthecontingentconsiderationischangedwithin12monthsafterthe222222一、或有對(duì)價(jià)的公允價(jià)值

purchasedate,itisnotanadjustmentmatterduringthemeasurementperiod,andadjustmentsshallnotbemadetothemergercostsandtheamountofgoodwillonthepurchasedate.22于計(jì)量期間的調(diào)整事項(xiàng)，不應(yīng)對(duì)購(gòu)買(mǎi)日合并成本及商譽(yù)的金額進(jìn)行調(diào)整。SubsequentmeasurementofcontingentconsiderationsettledbyselfownedsharesInthecontingentconsiderationformedbyamergerofenterprisesnotunderthesamecontrol,ifthepurchaserdeterminestheamountofitsownsharestoberecoveredbasedontheperformanceofthesubjectcompany,andthecontingentconsiderationdoesnotmeettheconditionsof“fixedforfixed“onthepurchasedate,itisafinancialasset,ratherthananequityinstrument.Therefore,thepurchasershallclassifythecontingentconsiderationasfinancialassetsthataremeasuredatfairvalueandwhosechangesareincludedinprofitandlossonthepurchasedate.Withthedeterminationoftheactualperformanceofthesubjectcompany,thepurchasercandeterminethespecificamountofitsownsharesthatshallberecoveredinthecurrentperiod.Onthebalancesheetdateofthecurrentperiod,thecontingentconsiderationshallmeettheconditionsof“fixedforfixed,5,reclassifyitasequityinstrument(otherequityinstruments),measureitatthefairvalueoftherelevantsharesonthereclassificationdate,andnolongercheckthe二、以自身股份結(jié)算的或有對(duì)價(jià)的后續(xù)計(jì)量非同一控制下企業(yè)合并形成的或有對(duì)價(jià)中，若購(gòu)買(mǎi)方根據(jù)標(biāo)的公司的業(yè)績(jī)情況確定收回自身股份的數(shù)量，該或有對(duì)價(jià)在購(gòu)買(mǎi)日不滿足“固定換固定”的條件，不屬于一項(xiàng)權(quán)益工具，而是屬于一項(xiàng)金融資產(chǎn)。因此，購(gòu)買(mǎi)方應(yīng)當(dāng)在購(gòu)買(mǎi)日將該或有對(duì)價(jià)分類為以公允價(jià)值計(jì)量且其變動(dòng)計(jì)入損益的金融資產(chǎn)。隨著標(biāo)的公司實(shí)際業(yè)績(jī)的確定，購(gòu)買(mǎi)方能夠確定當(dāng)期應(yīng)收回的自身股份的具體數(shù)量，則在當(dāng)期資產(chǎn)負(fù)債表日，該或有對(duì)價(jià)滿足“固定換固定”的條件，應(yīng)將其重分類為權(quán)益工具（其他權(quán)益工具），以重分類日相關(guān)股份的公允價(jià)值計(jì)量，并不再核算相關(guān)股份的后續(xù)公允價(jià)值變動(dòng)。在實(shí)際收到并注銷股份時(shí)，終止確認(rèn)上述其他權(quán)益工具，并相應(yīng)調(diào)整股本和資本公積等。23subsequentchangesinthefairvalueoftherelevantshares.Whenthesharesareactuallyreceivedandcanceled,therecognitionoftheaforesaidotherequityinstrumentsshallbeterminated,andthesharecapitalandcapitalreserve,amongothers,shallbeadjustedaccordingly.ContingentconsiderationsettledwithminorityequityofthesubjectcompanyContingentconsiderationsettledwithminorityequityofthesubjectcompanyshallbealsoapplicabletotheaforesaidprincipleofaccountingtreatmentintermsofconsolidatedstatements.Specifically,whentheactualperformanceofasubjectcompanyisdetermined,thefinancialassetsrecognizedduetocontingentconsiderationarereclassifiedasequityinstruments(otherequityinstruments),andsubsequentchangesinthefairvalueoftherelevantsharesarenolongerchecked;andwhenapurchaseractuallyreceivestheminorityequityofthesubjectcompanycompensatedbytheperformancepromiser,itshallbehandledasacquisitionofminorityequity,namely,therecognitionoftheaforesaidotherequityinstrumentsshallbeterminated,minorityequityshallbeoffsetaccordingly,andthedifferenceshallbeincludedinthecapitalreserve.Ifthecapitalreserveisinsufficientforoffsetting,theretainedearningsshallbeoffset.三、以標(biāo)的公司少數(shù)股權(quán)結(jié)算的或有對(duì)價(jià)以標(biāo)的公司少數(shù)股權(quán)結(jié)算的或有對(duì)價(jià)，在合并報(bào)表層面，同樣適用上述會(huì)計(jì)處理原則。具體而言，當(dāng)標(biāo)的公司實(shí)際業(yè)績(jī)確定時(shí)，將因或有對(duì)價(jià)確認(rèn)的金融資產(chǎn)重分類為權(quán)益工具（其他權(quán)益工具），不再核算相關(guān)股份的后續(xù)公允價(jià)值變動(dòng)；當(dāng)購(gòu)買(mǎi)方實(shí)際收到業(yè)績(jī)承諾人補(bǔ)償?shù)臉?biāo)的公司少數(shù)股權(quán)時(shí)，應(yīng)作為收購(gòu)少數(shù)股東權(quán)益處理，即終止確認(rèn)上述其他權(quán)益工具，并相應(yīng)沖減少數(shù)股東權(quán)益，差額計(jì)入資本公積，資本公積不足沖減的，則沖減留存收益。24四、向股權(quán)轉(zhuǎn)讓方以外的標(biāo)的公司其他股東支付業(yè)績(jī)補(bǔ)償非同一控制下企業(yè)合并的業(yè)績(jī)對(duì)賭安排中，購(gòu)買(mǎi)方可能向標(biāo)的公司的股權(quán)轉(zhuǎn)讓方以外的其他股東支付業(yè)績(jī)補(bǔ)償，且不是為了獲取其他股東的商品或服務(wù)。盡管該業(yè)績(jī)補(bǔ)償安排中包括對(duì)非交易對(duì)手方的業(yè)績(jī)承諾，但作為企業(yè)合并交易達(dá)成的條件，其實(shí)質(zhì)是購(gòu)買(mǎi)方為了獲得標(biāo)的公司股權(quán)而支付的對(duì)價(jià)，應(yīng)作為企業(yè)合并的或有對(duì)價(jià)處理。1-8四、向股權(quán)轉(zhuǎn)讓方以外的標(biāo)的公司其他股東支付業(yè)績(jī)補(bǔ)償非同一控制下企業(yè)合并的業(yè)績(jī)對(duì)賭安排中，購(gòu)買(mǎi)方可能向標(biāo)的公司的股權(quán)轉(zhuǎn)讓方以外的其他股東支付業(yè)績(jī)補(bǔ)償，且不是為了獲取其他股東的商品或服務(wù)。盡管該業(yè)績(jī)補(bǔ)償安排中包括對(duì)非交易對(duì)手方的業(yè)績(jī)承諾，但作為企業(yè)合并交易達(dá)成的條件，其實(shí)質(zhì)是購(gòu)買(mǎi)方為了獲得標(biāo)的公司股權(quán)而支付的對(duì)價(jià)，應(yīng)作為企業(yè)合并的或有對(duì)價(jià)處理。1-8反向購(gòu)買(mǎi)反向購(gòu)買(mǎi)中，被購(gòu)買(mǎi)方（即上市公司）構(gòu)成業(yè)務(wù)的，購(gòu)買(mǎi)方應(yīng)按照非同一控制下企業(yè)合并的原則進(jìn)行處理。被購(gòu)買(mǎi)方不構(gòu)成業(yè)務(wù)的，購(gòu)買(mǎi)方應(yīng)按照權(quán)益性交易的原則進(jìn)行處理，不得確認(rèn)商譽(yù)或當(dāng)期損益。PayingperformancecompensationtoothershareholdersofthesubjectcompanyotherthantheequitytransferorIntheperformancegamblingarrangementofamergerofenterprisesnotunderthesamecontrol,thepurchasermaypayperformancecompensationtoshareholdersotherthantheequitytransferorofthesubjectcompany,otherthanforthepurposeofobtaininggoodsorservicesfromothershareholders.Althoughtheperformancecompensationarrangementincludesthecommitmentonperformancemadebytheanon-counterparty,astheconditionsforconclusionofatransactionofbusinessmerger,itsessenceistheconsiderationpaidbythepurchaserforobtainingtheequityofthesubjectcompany,whichshallbehandledascontingentconsiderationforabusinessmerger.1-8ReversepurchaseInareversepurchase,iftheacquiree(i.e.alistedcompany)constitutesbusiness,thepurchasershallhandleitundertheprincipleofmergerofenterprisesnotunderthesamecontrol.Iftheacquireedoesnotconstitutebusiness,thepurchasershallhandleitundertheprincipleofequitytransaction,andshallnotrecognizegoodwillorcurrentprofitandloss.25Inregulatorypractice,itisfoundthatsomecompanieshavedeviationsanddifferencesintheunderstandingofthestandardswhenapplyingtheprincipleofaccountingtreatmentforreversepurchase.Theopinionsontheaccountingtreatmentofspecificmattersinreversepurchasetransactionsareasfollows:監(jiān)管實(shí)踐發(fā)現(xiàn)，部分公司在應(yīng)用反向購(gòu)買(mǎi)的會(huì)計(jì)處理原則時(shí)對(duì)準(zhǔn)則的理解存在偏差和分歧。現(xiàn)就反向購(gòu)買(mǎi)交易中具體事項(xiàng)的會(huì)計(jì)處理意見(jiàn)如下：一、被購(gòu)買(mǎi)的上市公司不構(gòu)成業(yè)務(wù)的常見(jiàn)情形下述三種情形一般可以認(rèn)定為被購(gòu)買(mǎi)的上市公司不構(gòu)成業(yè)務(wù)，購(gòu)買(mǎi)方按照權(quán)益性交易的原則進(jìn)行處理：一是上市公司通過(guò)一定的交易安排置出全部資產(chǎn)負(fù)債（即“空殼”上市公司），非上市公司的股東以持有的股權(quán)或資產(chǎn)認(rèn)購(gòu)上市公司向其定向發(fā)行的股票，成為發(fā)行后上市公司的控股股東；二是上市公司除現(xiàn)金和金融資產(chǎn)外無(wú)其他非貨幣性資產(chǎn)，非上市公司的股東以持有的股權(quán)或資產(chǎn)認(rèn)購(gòu)上市公司向其定向