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Articles of Association
Of
Chongqing, China
Date: [ ], 2005
Table of Contents
Article 1 - Name of Company 3
Article 2 - Name of Investor 3
Article 3- The Company 3
Article 4- Purpose and Scope of Business of the Company 4
Article 5- Total Amount of Investment and Registered Capital 5
Article 6- Encumbrance of Investment 6
Article 7- Board of Directors 6
Article 8- Management Organisation 9
Article 9- Labour Management 11
Article 10 -Trade Union 13
Article 11 - Taxes, Finance, Audit and Distribution of Profits 13
Article 12 -Bank Accounts and Foreign Exchange 14
Article 13 -Term 15
Article 14 -Early Termination 16
Article 15 -Liquidation 17
Article 16 - Insurance 18
Article 17 - Rules and Regulations 18
Article 18 -Miscellaneous 19
The present articles are hereby formulated by . (hereinafter referred to as the “Investor”) in accordance with the Law of the People’s Republic of China (“PRC”) on Wholly Foreign-Owned Enterprises and other applicable Chinese laws and regulations, for the establishment of the wholly foreign-owned enterprise (the “Company”) in Chongqing, PRC.
Article 1 - Name of Company
Name of the Company in English:
Name of the Company in Chinese:
Legal Address:
Legal Representative:
Position:
Nationality:
Article 2 - Name of Investor
Name of the Investor in English: .
Legal Address:
Legal Representative:
Position:
Nationality:
Article 3 - The Company
3.1 Legal PersonThe Company shall be a legal person under the laws of the PRC subject to the protection and jurisdiction of PRC law. All of the activities of the Company shall comply with applicable PRC laws and regulations.
3.2 Limited Liability CompanyThe Company shall be a limited liability company under the laws of the PRC. The liability of the Investor for the losses, risks, liabilities and any other obligations whatsoever of the Company shall be limited to the registered capital of the Company.
3.3 Date of EstablishmentThe da
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