VIE(Variable Interest Entities)模式,也称为“可变利益实体结构”、“合同控制”、“新浪模式”等,目前被普遍认为是一种用于规避国内外商投资产业限制以及境内企业境外上市限制的企业架构,其实质是境外实体以合同安排代替传统的直接持股方式,以实现对境内实 The VIE (Variable Interest Entities) model, also known as “variable interest entity structure”, “contract control”, “Sina model”, etc., is currently widely considered as a method for evading domestic and foreign investment industries. The corporate structure of restrictions and restrictions on the overseas listing of domestic companies is in essence the use of contractual arrangements by foreign entities to replace the traditional direct shareholding methods to achieve domestic