The China Securities Regulatory Commission has announced the "Guidelines for the Regulation of Asset-Backed Securities Tokens Issued Overseas with Domestic Assets," which strictly regulate the legal compliance of overseas issuance of asset-backed securities tokens backed by domestic assets. Before conducting related business, the domestic entity that controls the underlying assets must file a record with the China Securities Regulatory Commission, submitting the required filing report, a complete set of overseas issuance documents, and other relevant materials, clearly explaining the information of the domestic filing entity, the underlying assets, and the token issuance plan. The domestic filing entity, its controlling shareholders, actual controllers, directors, supervisors, senior management personnel, and relevant intermediary agencies must ensure that the submitted filing materials are true, accurate, and complete, and must not contain false records, misleading statements, or significant omissions.