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What does it mean to move out of the list of serious illegal and untrustworthy enterprises?

remove from the blacklist.

remove from the list of serious illegal and untrustworthy enterprises by the competent registration authority. In other words, as long as an enterprise is included in the list of serious illegal and untrustworthy enterprises, it will take five years to restore its credit, so it means to remove it from the blacklist.

The list management of serious illegal and untrustworthy enterprises refers to the implementation of credit restraint and joint punishment by departments for enterprises listed in the list of serious illegal and untrustworthy enterprises, and the publicity to the society through the enterprise credit information publicity system.