Acquisition of SP Shell Company

The application SP will have the requirements of registered funds, the whole network to reach 10 million, the net to reach a minimum of 1 million of registered capital, all need to be Chinese holding enterprises.  
Frequently asked questions about application for SP operating license
applications for operating value-added telecommunications services shall comply with the provisions of article 13th of the Telecommunication Regulations of the People's Republic of China and the following conditions:
(a) in the provinces, autonomous regions and municipalities, the minimum registered capital is 1 million yuan, and the minimum amount of registered capital is 10 million yuan in the country or across provinces, autonomous regions and municipalities ;
(ii) There are feasible * * * reports and related technical programmes;
(iii) the necessary venues and facilities;
(iv) No major violations have occurred in the last three years.  
Lian-tie person: Zhang min

Acquisition of SP Shell Company