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SINOUSXXXXXXNONFERROUSMETALCO,LTDJOINTVENTURECHARTER中美合资AAAAAA有色金属有限公司合资章程华译网翻译公司提供中英文翻译版本请注意这个是英文译文,中文版原文文件请见另外一个文件中美合资有色金属有限公司章程中文版DOC。该英文译文是10多年前翻译的,目前我们公司增加了外籍校对环节,而且译者资历要求也提高了,所以目前的翻译水平要远高于十年前的这个水平。这里发布的中英文文件仅作为语料素材供参考,不能作为正式英文译文模板等使用。正式文件需要另外请我们翻译。文献来源华译网翻译公司官方网站HTTP/WWWCHINATRANSLATIONNET/华译网翻译公司提供专业学术资料、法律资料、商务资料和技术资料翻译服务,本文件我们为某中美合资有色有限公司翻译的部分技术文件和商务文件摘录内容,供参考,欢迎惠顾。CHAPTER1GENERALPROVISIONSARTICLE1INACCORDANCEWITHTHELAWOFTHEPEOPLESREPUBLICOFCHINAONJOINTVENTURESUSINGCHINESEANDFOREIGNINVESTMENT,SINOFOREIGNFFFFFFFXXXXXXINDUSTRYCO,LTDHEREINAFTERREFERREDTOAS“PARTYA“ANDUSAAAAAAAINTERNATIONALCO,LTDSIGNEDTHECOOPERATIVECONTRACTTOOPERATESINOUSXXXXXXNONFERROUSMETALCO,LTDHEREINAFTERREFERREDTOAS“JOINTVENTURECONTRACT“INSICHUANPROVINCE,PEOPLESREPUBLICOFCHINAONOCT8,2002,ANDHEREBYESTABLISHEDTHISCHARTERARTICLE2NAMEOFTHEJOINTVENTURECOMPANYINENGLISHSINOUSXXXXXXNONFERROUSMETALCO,LTDLEGALADDRESSOFTHEJOINTVENTURECOMPANYNO4BUILDING4BBBBBBGARDEN,FFFFFFF,PEOPLESREPUBLICOFCHINAARTICLE3THENAMESANDTHELEGALADDRESSOFPARTYAANDPARTYBAREASFOLLOWSPARTYASINOFOREIGNFFFFFFFXXXXXXINDUSTRYCO,LTDLEGALADDRESSBUILDING4COMMUNICATIONSDEPARTMENT,EMOUNTAINTOWN,PUJIANGCOUNTYPARTYBUSAAAAAAAINTERNATIONALCO,LTDLEGALADDRESSXXXXXX,THEUNITEDSTATESARTICLE4THEJOINTVENTURECOMPANYISALIMITEDLIABILITYCOMPANYARTICLE5THEJOINTVENTURECOMPANYISALEGALPERSONINTHEPEOPLESREPUBLICOFCHINAANDISSUBJECTTOTHEJURISDICTIONOFCHINESELAWSANDENJOYSPROTECTIONTHEREOFALLITSLEGALACTIVITYSHALLOBEYTHELAWS,DECREESANDPERTINENTRULESANDREGULATIONSOFTHEPEOPLESREPUBLICOFCHINACHAPTER2THEPURPOSEANDBUSINESSSCOPEARTICLE6THEGOALSOFTHEJOINTVENTURECOMPANYISTHAT,PARTYAANDPARTYBDISTRIBUTEFUNDSTOGETHERINPROPORTIONTOTHEJOINTVENTURECOMPANY,RAISECAPITALANDBUILDNEWOPERATIONMECHANISMINACCORDANCEWITHTHELAWOFTHEPEOPLESREPUBLICOFCHINAONJOINTVENTURESUSINGCHINESEANDFOREIGNINVESTMENT,WEESTABLISHEDTHECHARTERARTICLE7THEBUSINESSSCOPEOFTHEJOINTVENTURECOMPANYISCOLOREDMETALRECONNAISSANCE,EXPLORATION,SELECTION,SMELTINGANDIMPORTANDEXPORTSELLINGARTICLE8THEBUSINESSSIZEOFTHEJOINTVENTURECOMPANYISASFOLLOWSFROMOCTOBER8,2002TOOCTOBER8,2022,WEDEVELOPCOLOREDMETALRECONNAISSANCE,EXPLORATION,SELECTION,SMELTINGANDIMPORTANDEXPORTSELLINGINSOUTHEASTAREATOTALINVESTMENTAMOUNTSTOUSD120MILLIONINACCORDANCEWITHTHEAPPROVEDAMOUNTBYSTATEADMINISTRATIONOFFOREIGNEXCHANGEPRCWERECEIVEMONEYONTIMEARTICLE9THEEXPORTPROPORTIONOFTHEHIGHTECHPRODUCTTHATTHEJOINTVENTURECOMPANYDEVELOPSDEPENDINGONTHESITUATIONOFRESPECTIVEPRODUCTIONCHAPTER3TOTALINVESTMENTANDREGISTEREDCAPITALARTICLE10THETOTALINVESTMENTTHATTHEJOINTVENTURECOMPANYINVESTEDINTOTHEPROGRAMOFCOLOREDMETALRECONNAISSANCE,EXPLORATION,SELECTIONANDSMELTINGISUSD120MILLIONTHEREGISTEREDCAPITALOFTHEJOINTVENTURECOMPANYISUSD29,880,000ARTICLE11BOTHPARTYAANDPARTYBWILLCONTRIBUTETHEFOLLOWINGASTHEIRINVESTMENTAPARTYASHALLPAYUSD7,470,000,ORRMB61,630,000,ACCOUNTINGFOR25BPARTYBSHALLPAYUSD22,410,000,ORRMB184,883,000,ACCOUNTINGFOR75ARTICLE12THEREGISTEREDCAPITALOFTHEJOINTVENTURECOMPANYSHALLBEPAIDINTHEIRINSTALLMENTSBYPARTYAANDPARTYBACCORDINGTOTHEIRRESPECTIVEPROPORTIONOFTHEIRINVESTMENTBEFORETHETERMLIMITWRITTENINTHECONTRACTARTICLE13AFTERPARTYAANDPARTYBCONTRIBUTETHEFUND,ANDTHEACCOUNTANTEMPLOYEDBYTHEJOINTVENTURECOMPANYVERIFIESTHECAPITALANDSHOWSVERIFICATIONREPORT,THEJOINTVENTURECOMPANYHEREBYSHOWSCAPITALCONTRIBUTIONCERTIFICATETHEMAINCONTENTOFTHECAPITALCONTRIBUTIONCERTIFICATEISTHENAMEOFTHEJOINTVENTURECOMPANY,THEESTABLISHMENTDATE,THENAMEOFCOOPERATORANDTHEAMOUNTOFCONTRIBUTIONS,THECONTRIBUTIONDATEANDTHEDATEOFSHOWINGTHECAPITALCONTRIBUTIONARTICLE14DURINGTHEPERIODOFTHEJOINTVENTURE,THEJOINTVENTURECOMPANYSHALLNOTREDUCETHEAMOUNTOFCONTRIBUTIONSARTICLE15AGREEDBYBOTHPARTYAANDPARTYBANDAPPROVEDBYORIGINALEXAMINATIONANDAPPROVALAUTHORITY,THEJOINTVENTURECOMPANYCANADDREGISTEREDCAPITALARTICLE16INCASEANYPARTYTOTHEJOINTVENTUREINTENDSTOASSIGNALLORPARTOFHISINVESTMENT,CONSENTSHALLBEOBTAINEDFROMTHEOTHERPARTYTOTHEJOINTVENTUREWHENONEPARTYTOTHEJOINTVENTUREASSIGNSALLORPARTOFHISINVESTMENT,THEOTHERPARTYHASPREEMPTIVERIGHTARTICLE17THEJOINTVENTURECOMPANYCANADDORASSIGNHISINVESTMENT,AFTERBEINGUNANIMOUSAGREEDBYTHEBOARDOFDIRECTORSANDBEINGAPPROVEDBYTHEORIGINALEXAMINATIONANDAPPROVALAUTHORITYTHEJOINTVENTURECOMPANYSHALLGOTOTHEREGISTRATIONAUTHORITYTOHANDLEREGISTRATIONALTERNATIONPROCEDURECHAPTER4THEBOARDOFDIRECTORSARTICLE18THEJOINTVENTURECOMPANYSHALLSETUPTHEBOARDOFDIRECTORSTHEBOARDOFDIRECTORSSHALLBETHEHIGHESTAUTHORITYOFTHEJOINTVENTURECOMPANYARTICLE19THEBOARDOFDIRECTORSSHALLDECIDEALLMAJORISSUESCONCERNINGTHEJOINTVENTURECOMPANYITSMAINDUTYISASFOLLOWSTHECHAIRMANOFTHEBOARDDECIDESANDAPPROVESTHEREPORTSADVANCEDBYTHEGENERALMANAGERFOREXAMPLE,PRODUCTIONPLAN,ANNUALOPERATIONREPORT,FUND,LOANANDETCTHECHAIRMANOFTHEBOARDSHALLAPPROVEANNUALFINANCIALREPORT,INCOMEANDEXPENSESBUDGET,ANDANNUALPROFITSDISPOSALPLANTHEBOARDOFDIRECTORSSHALLAPPROVEIMPORTANTREGULATIONSCONCERNINGTHECOMPANYTHEBOARDOFDIRECTORSSHALLDECIDETHEESTABLISHMENTOFBRANCHESTHEBOARDOFDIRECTORSSHALLDISCUSSANDDECIDEPRODUCTIONSUSPENSIONANDMERGEROFTHEJOINTVENTURECOMPANYWITHOTHERECONOMICORGANIZATIONTHECHAIRMANOFTHEBOARDSHALLEMPLOYADVANCEDEMPLOYEES,SUCHASGENERALMANAGER,GENERALENGINEER,GENERALACCOUNTANTANDAUDITORTHEEXECUTIVEDIRECTORISRESPONSIBLEFORSETTLEMENTINCASEOFSUSPENSIONANDEXPIRATIONOFTHEJOINTVENTURECOMPANYTHEBOARDOFDIRECTORSSHALLDECIDEOTHERIMPORTANTISSUESARTICLE20THEBOARDOFDIRECTORSISCOMPOSEDOF7DIRECTORS,OFWHICH5DIRECTORSSHALLBEAPPOINTEDBYPARTYA,AND2DIRECTORSBYPARTYBTHETERMOFOFFICEFORTHEDIRECTORSISFOURYEARSTHEIRTERMOFOFFICEMAYBERENEWEDARTICLE21THECHAIRMANOFTHEBOARDSHALLBEAPPOINTEDBYPARTYA,ANDITSVICECHAIRMANBYPARTYBARTICLE22INCASETHATPARTYAANDPARTYBAPPOINTANDCHANGETHEDIRECTORS,PARTYAANDPARTYBSHALLINFORMTHEBOARDOFDIRECTORSINWRITTENFORMARTICLE23THEREGULARMEETINGOFTHEBOARDOFDIRECTORSSHALLHOLDFOURTIMESEVERYYEARTHECHAIRMANMAYCONVENEANINTERIMMEETINGBASEDONAPROPOSALMADEBYMORETHANONETHIRDOFTHETOTALNUMBEROFDIRECTORSARTICLE24THEMEETINGOFTHEBOARDOFDIRECTORSSHALLINPRINCIPLEBEHELDINTHECOMPANYLOCUSARTICLE25THEMEETINGOFTHEBOARDOFDIRECTORSSHALLBECALLEDANDPRESIDEDOVERBYTHECHAIRMANOFTHEBOARDSHOULDTHECHAIRMANBEABSENT,THEMEETINGOFTHEBOARDOFDIRECTORSSHALLBECALLEDANDPRESIDEDOVERBYTHEVICECHAIRMANOFTHEBOARDARTICLE26THECHAIRMANOFTHEBOARDSHALLINFORMALLOTHERDIRECTORSOFTHECONTENT,TIMEANDPLACEOFTHEMEETING30DAYSBEFORETHEOPENNESSOFTHEMEETINGARTICLE27INCASETHATANYDIRECTORCANNOTPARTICIPATETHEMEETINGOFTHEBOARDOFDIRECTORSFORCERTAINREASONS,THEDIRECTORSHALLAUTHORIZEADEPUTYTOPARTICIPATETHEMEETINGSHOULDTHEDEPUTYBEABSENTATTHEMEETING,THEDIRECTORGIVESUPTHERIGHTARTICLE28THELEGALNUMBEROFDIRECTORSINTHEMEETINGOFTHEBOARDOFDIRECTORSSHALLBETWOTHIRDOFTHETOTALNUMBEROFDIRECTORSSHOULDTHEPROPORTIONBELESSTHANTWOTHIRD,THEDECISIONAPPROVEDINTHEMEETINGISOFNOEFFECTARTICLE29INEVERYMEETINGOFTHEDIRECTORS,MINUTESOFTHEMEETINGSSHALLBERECORD,ANDSHALLBESIGNEDBYALLTHEATTENDEDDIRECTORSSHOULDTHEDEPUTYBEATTHEMEETING,THEDEPUTYMAKESSIGNATURETHEMINUTESSHALLBEWRITTENINCHINESETHEMINUTESSHALLBEPLACEDONFILEARTICLE30THEBOARDOFDIRECTORSSHALLUNANIMOUSLYAPPROVETHEISSUESASFOLLOWCHAIRMANOFTHEBOARDXXXVICECHAIRMANOFTHEBOARDXXXXEXECUTIVECHAIRMANOFTHEBOARD,GENERALMANAGERANDLEGALREPRESENTATIVEXXXXVICECHAIRMANOFTHEBOARDANDDEPUTYGENERALMANAGERXXXXVICECHAIRMANOFTHEBOARDANDDEPUTYGENERALMANAGERXXXXFINANCIALMANAGERXXXXCHIEFFINANCIALOFFICERXXXXCOMMITTEEMANXXXXARTICLE31THEBOARDOFDIRECTORSSHALLUNANIMOUSLYAPPROVETHEISSUESASFOLLOWWECARRYOUTARTICLE14OFCHAPTER6OFTHECONTRACTCHAPTER5BUSINESSMANAGEMENTOFFICEARTICLE32THEBUSINESSMANAGEMENTOFFICEOFTHEJOINTVENTURECOMPANYSHALLESTABLISHPRODUCTION,TECHNOLOGY,LABOR,FINANCEANDEXECUTIVEDEPARTMENTSNOTETHISARTICLESHALLBEWRITTENACCORDINGTOTHESPECIFICSITUATIONSINTHECONTRACTARTICLE33THEJOINTVENTURECOMPANYSHALLHAVEAGENERALMANAGERANDFOURDEPUTYGENERALMANAGERSBOTHTHEGENERALMANAGERANDDEPUTYGENERALMANAGERSSHALLBEAPPOINTEDBYTHEBOARDOFDIRECTORSTHEFIRSTGENERALMANAGERSHALLBEAPPOINTEDBYPARTYATHEFIRSTDEPUTYGENERALMANAGERSSHALLBEAPPOINTEDBYPARTYBARTICLE34THERESPONSIBILITYOFTHEGENERALMANAGERISTOCARRYOUTALLTHEDECISIONSOFTHEBOARD,ANDORGANIZEANDCONDUCTTHEDAILYPRODUCTION,TECHNOLOGYANDMANAGEMENTOFTHEJOINTVENTURECOMPANYTHEDEPUTYGENERALMANAGERSSHALLASSISTTHEGENERALMANAGERINHISWORKWHENTHEGENERALMANAGERISABSENT,THEDEPUTYMANAGERSSHALLDEPUTIZETHERESPONSIBILITYOFTHEGENERALMANAGERSARTICLE35THEMAJORDECISIONINTHEDAILYWORKOFTHEJOINTVENTURECOMPANYSHALLBESIGNEDBYBOTHTHEGENERALMANAGERANDTHEDEPUTYMANAGERS,ANDTHENCANCOMEINTOEFFECTTHEISSUESTHATSHALLBESIGNEDBYBOTHTHEGENERALMANAGERANDTHEDEPUTYMANAGERSAREDECIDEDBYTHEBOARDOFDIRECTORSINDETAILARTICLE36THETERMOFOFFICEOFTHEGENERALMANAGERANDTHEDEPUTYMANAGERSIS4YEARSTHEIRTERMOFOFFICEMAYBERENEWEDIFCONTINUOUSLYAPPOINTEDBYTHEBOARDOFDIRECTORSARTICLE37THECHAIRMAN,VICECHAIRMANANDDIRECTORSCANPLURALISTICALLYBEGENERALMANAGER,DEPUTYGENERALMANAGERANDOTHERADVANCEDEMPLOYEEOFTHEJOINTVENTURECOMPANY,IFAPPOINTEDBYTHEBOARDOFDIRECTORSARTICLE38THEGENERALMANAGERANDTHEDEPUTYGENERALMANAGERCANNOTPLURALISTICALLYBEAPPOINTEDASGENERALMANAGERANDDEPUTYGENERALMANAGEROFOTHERECONOMICORGANIZATIONSTHEYCANNOTPARTICIPATEINCOMMERCIALCOMPETITIVEACTIVITIESOFOTHERECONOMICORGANIZATIONSTODEALWITHOURJOINTVENTURECOMPANYARTICLE39THEBOARDOFDIRECTORSAPPOINTSONEGENERALENGINEER,ONEGENERALACCOUNTANDONEAUDITORINTHEJOINTVENTURECOMPANYARTICLE40THEGENERALENGINEER,THEGENERALACCOUNTANDTHEAUDITORSHALLBEDIRECTEDBYTHEGENERALMANAGERTHEGENERALACCOUNTANTISRESPONSIBLEFORCONDUCTINGFINANCIALAFFAIRSANDACCOUNTINGOFTHEJOINTVENTURECOMPANY,ORGANIZINGCOOPERATIVECOMPANYTOCARRYOUTFULLDIRECTIONECONOMICCALCULATIONANDEMPLOYINGECONOMICRESPONSIBILITYMECHANISMARTICLE41THEGENERALMANAGER,DEPUTYGENERALMANAGER,GENERALENGINEER,AUDITORANDOTHERADVANCEDEMPLOYEESHALLPUTFORWARDWRITTENREPORTTOTHEBOARDOFDIRECTORSINADVANCEIFAPPLYINGFORRESIGNATIONINCASEOFGRAFTORSERIOUSDERELICTIONOFDUTYONTHEPARTOFTHEABOVEMENTIONEDPERSONS,THEBOARDOFDIRECTORSSHALLHAVETHEPOWERTODISMISSTHEMATANYTIMECHAPTER6FINANCIALAFFAIRSANDACCOUNTINGARTICLE42THEJOINTVENTURECOMPANYSHALLCONDUCTFINANCIALAFFAIRSANDACCOUNTINGINACCORDANCEWITHTHEFINANCIALAFFAIRSANDACCOUNTINGSYSTEMREGULATIONSOFTHESINOFOREIGNJOINTVENTURECOMPANYMADEBYTHEMINISTRYOFFINANCEPRCARTICLE43THEFISCALYEAROFAJOINTVENTURESHALLCOINCIDEWITHTHECALENDARYEAR,IEFROMJANUARY1TODECEMBER31ONTHEGREGORIANCALENDARARTICLE44ALLVOUCHERS,ACCOUNTBOOKS,STATISTICSTATEMENTSANDREPORTSPREPAREDBYTHEJOINTVENTURECOMPANYSHALLBEWRITTENINCHINESEARTICLE45THEJOINTVENTURECOMPANYSHALLADOPTRENMINBIASTHESTANDARDACCOUNTINGCURRENCYCONVERTINGBETWEENRENMINBIANDOTHERCURRENCIES,THECOMPANYSHALLCALCULATEACCORDINGTOTHEEXCHANGERATEPUBLISHEDBYTHESTATEADMINISTRATIONOFFOREIGNEXCHANGEPRCONTHEDATEWHENTHEACCOUNTTAKESPLACEARTICLE46THEJOINTVENTURECOMPANYMAYOPENFOREIGNEXCHANGEDEPOSITACCOUNTSANDRENMINBIDEPOSITACCOUNTSWITHTHEBANKOFCHINAORANYOTHERBANKSAPPROVEDBYTHESTATEADMINISTRATIONOFFOREIGNEXCHANGEPRCARTICLE47THEJOINTVENTURECOMPANYSHALLRECORDTHECONTENTSASFOLLOWSINTHEACCOUNTBOOKS1CASHINCOMEANDEXPENSESOFTHEJOINTVENTURECOMPANY2SALEANDPURCHASEOFGOODSOFTHEJOINTVENTURECOMPANY3REGISTEREDCAPITALANDDEBTOFTHEJOINTVENTURECOMPANY4DISTRIBUTIONDATEOFREGISTEREDCAPITALANDCAPITALADDITIONANDASSIGNATIONARTICLE48INTHEFIRSTTHREEMONTHSOFEACHFISCALYEAR,THEFINANCEDEPARTMENTOFTHEJOINTVENTURECOMPANYSHALLPREPARETHEPREVIOUSYEARSBALANCESHEETANDPROFITANDLOSSSTATEMENT,ANDSUBMITTHEMTOTHEBOARDOFDIRECTORSFORAPPROVALAFTERAUDITEDANDSIGNEDBYTHEAUDITORARTICLE49ANYPARTYHASTHERIGHTTOEMPLOYANOTHERAUDITORTOUNDERTAKEANNUALFINANCIALCHECKINGANDEXAMINATIONANDALLTHEEXPENSESTHEREOFSHALLBEBORNEBYTHEPARTYTHEOTHERPARTYSHALLGIVEITSCONSENTARTICLE50INACCORDANCEWITHTHEIMPLEMENTRULESOFINCOMETAXATIONLAWOFTHECOMPANYWITHFOREIGNCAPITALANDFOREIGNCOMPANY,THEBOARDOFDIRECTORSDECIDESTHETERMOFDEDUCTIONOFTHEFIXEDASSETARTICLE51ALLMATTERSCONCERNINGFOREIGNEXCHANGEFORJOINTVENTURESSHALLBEHANDLEDACCORDINGTOTHEINTERIMREGULATIONSONFOREIGNEXCHANGECONTROLOFTHEPEOPLESREPUBLICOFCHINA,RELEVANTREGULATIONSANDTHEPROVISIONSINJOINTVENTURECONTRACTCHAPTER7PROFITSDISTRIBUTIONARTICLE52THEJOINTVENTURECOMPANYALLOCATESFROMTHEAFTERTAXPROFITSFORRESERVEFUNDS,EXPANSIONFUNDSOFTHEJOINTVENTURECOMPANY,BONUSESANDWELFAREFUNDSFORSTAFFANDWORKERSTHEPROPORTIONOFALLOCATIONSISTOBEDECIDEDBYTHEBOARDOFDIRECTORSARTICLE53THEPROFIT,AFTERTHEJOINTVENTURECOMPANYPAYSINCOMETAXINACCORDANCEWITHTHELAWSANDALLOCATEEVERYFUND,SHALLBEDISTRIBUTEDBETWEENPARTYAANDPARTYBINPROPORTIONTOTHEIRCONTRIBUTIONSTOTHEREGISTEREDCAPITALEXCEPTIONALREGULATIONSAREAVAILABLEUPONTHEUNANIMOUSAGREEMENTOFTHEBOARDOFDIRECTORSARTICLE54PROFITOFTHEJOINTVENTURECOMPANYISDISTRIBUTEDANNUALLYWITHINTHREEMONTHSAFTEREVERYFISCALYEARPROFITALLOCATIONSCHEMEANDPROFITALLOCATIONAMOUNTOFEACHPARTYSHALLBEDECLAREDARTICLE55PROFITSHALLNOTBEDISTRIBUTEDONINCASETHATLOSSOFTHEJOINTVENTURECOMPANYINLASTFISCALYEARISNOTTOTALLYCOMPENSATEDTHEUNDISTRIBUTEDPROFITSHALLBEINCORPORATEDINTOTHEDISPOSALOFPROFITOFTHISFISCALYEARCHAPTER8STAFFANDWORKERSARTICLE56THEEMPLOYMENT,DISMISSAL,RESIGNATION,SALARY,WELFARE,LABORINSURANCE,LABORPROTECTIONANDLABORDISCIPLINEANDOTHERMATTERSCONCERNEDINTHEJOINTVENTURECOMPANYSHALLBEDISPOSEDINACCORDANCEWITHTHEREGULATIONSOFTHEPEOPLESREPUBLICOFCHINAONLABORMANAGEMENTINJOINTVENTURESCOMPANYUSINGCHINESEANDFOREIGNINVESTMENTANDITSIMPLEMENTINGRULESARTICLE57THEEMPLOYEESNEEDEDBYTHEJOINTVENTURECOMPANYCANEITHERBERECOMMENDEDBYTHELABORDEPARTMENTORBERECRUITEDPUBLICLYBYTHEJOINTVENTURECOMPANY,WHICHSHALLBERATIFIEDBYTHELABORDEPARTMENT,CHOOSINGTHEBETTERAMONGTHOSEPASSINGTHETESTARTICLE58THEJOINTVENTURECOMPANYHAVETHEAUTHORITIESTOGIVEPUNISHMENTSUCHASWARNING,GIG,ANDSALARYCUTDOWNTOTHOSEWHOVIOLATETHERULESANDREGULATIONSOFTHECOMPANYANDLABORDISCIPLINE,ANDHAVETHEAUTHORITIESTODISMISSTHOSEWHOBEHAVEBADLYENOUGHPUNISHMENTORDISMISSALSHALLBESUBMITTEDTOANDREGISTEREDINTHELABORDEPARTMENTARTICLE59SALARYCONDITIONSSHALLBEDECIDEDBYTHEBOARDOFDIRECTORS,INACCORDANCEWITHTHESPECIFICINSTITUTIONSOFTHEJOINTVENTURECOMPANY,REFERRINGTORELEVANTNATIONALREGULATIONS,ANDSHALLBESTATEDINTHELABORCONTRACTASTHEDEVELOPMENTOFTHEJOINTVENTURECOMPANY,THEIMPROVEMENTOFTECHNOLOGYLEVELANDBUSINESSCAPACITIES,WAGESCANBELIFTEDAPPROPRIATELYARTICLE60MATTERSCONCERNINGWELFARE,BONUS,LABORPROTECTIONANDLABORINSURANCEOFTHEJOINTVENTURECOMPANYSHALLBESTIPULATEDRESPECTIVELYINEACHRULESANDREGULATIONSINORDERTOINSUREEMPLOYEESTOPRODUCEANDWORKONNORMALCONDITIONSCHAPTER9LABORUNIONARTICLE61EMPLOYEESINTHEJOINTVENTURECOMPANYHAVERIGHTSTOSETUPLABORUNIONANDDEVELOPUNIONACTIVITIESACCORDINGTOTHEREGULATIONSOFTHEPEOPLESREPUBLICOFCHINALAWONLABORUNIONARTICLE62LABORUNIONISTHEREPRESENTATIVEOFEMPLOYEESINTERESTS,OFWHICHTASKISTOVINDICATEEMPLOYEESSUBSTANTIALBEHALVESANDDEMOCRATICRIGHTSASSISTTHEJOINTVENTURECOMPANYTOARRANGEANDRATIONALLYEMPLOYWELFAREANDENCOURAGEMENTFUNDORGANIZEEMPLOYEESTOSTUDYPOLITICS,OPERATION,SCIENCEANDTECHNOLOGYKNOWLEDGEASWELLASLITERATUREANDSPORTACTIVITIESEDUCATEEMPLOYEESTOOBSERVETHELABORDISCIPLINEANDMAKEEFFORTTOFULFILLEVERYECONOMICALTASKARTICLE63LABORUNIONOFTHEJOINTVENTURECOMPANYBEINGREPRESENTATIVEOFEMPLOYEESSIGNEDCONTRACTWITHTHEJOINTVENTURECOMPANYANDSUPERVISETHEIMPLEMENTOFTHECONTRACTARTICLE64OFFICEROFLABORUNIONOFTHEJOINTVENTURECOMPANYHASTHEAUTHORITIESTOATTENDMEETINGSOFDIRECTORSABOUTDEVELOPMENTPLAN,MANUFACTUREANDMANAGEMENT,ANDOTHERPROBLEMSTOREFLECTEMPLOYEESATTITUDEANDIDEASARTICLE65LABORUNIONOFTHEJOINTVENTURECOMPANYSHALLTAKEPARTININTERMEDIATINGTHEDISPUTESBETWEENTHEJOINTVENTURECOMPANYANDEMPLOYEESARTICLE66THEJOINTVENTURECOMPANYSHALLALLOTANAMOUNTOFMONEYTOTALING2PERCENTOFALLTHESALARIESOFTHEJOINTVENTURESSTAFFANDWORKERSASLABORUNIONFUNDS,WHICHTHELABORUNIONOFTHEJOINTVENTURESHALLUSEACCORDINGTOTHEADMINISTRATIONRULEFORLABORUNIONFUNDSFORMULATEDBYTHEPRCFEDERATIONOFLABORUNIONSCHAPTER10DURATION,TERMINATION,ANDLIQUIDATIONARTICLE67THEDURATIONOFJOINTVENTUREISTWENTYYEARS,CALCULATINGFROMTHESIGNATUREDAYOFBUSINESSLICENSEARTICLE68ONCONDITIONTHATPARTYAANDPARTYBBOTHAGREEONEXTENDINGTHEDURATIONOFJOINTVENTURE,ANWRITTENAPPLICATION,APPROVEDBYTHEBOARDOFDIRECTORS,SHALLBESUBMITTEDTOTHEORIGINALEXAMINATIONANDAPPROVALAUTHORITYSIXMONTHSPRIORTOTHEEXPIRYDATEOFTHEJOINTVENTURETHEEXTENSIONTAKESEFFECTONLYAFTERTHEAPPLICATIONISRATIFIED,ANDTHISALTERATIONSHALLBECHECKEDINTHEORIGINALREGISTEREDORGANIZATIONARTICLE69INCASETHATBOTHPARTYAANDPARTYBASSUMETHETERMINATIONASACCORDANTWITHTHEMOSTBEHAVESOFBOTHSIDES,THEDURATIONOFTHEJOINTVENTUREANDTHECONTRACTSHALLBETERMINATEDBEFORETHETIMEOFEXPIRATION,AFTERBEINGUNANIMOUSLYAGREEDUPONBYTHEBOARDOFDIRECTORSANDAPPROVEDBYTHEORIGINALEXAMINATIONANDAPPROVALAUTHORITYARTICLE70EITHERPARTYHASRIGHTSTOTERMINATETHEJOINTVENTUREINCASEOFTHEFOLLOWINGTHINGSOCCURARTICLE71ONEXPIRATIONORTERMINATIONAHEADOFTIMEOCCURING,THEBOARDOFDIRECTORSSHALLPROPOSELIQUIDATIONPROCEDURE,PRINCIPLE,ANDMEMBERSTOBUILDUPTHELIQUIDATIONCOMMITTEETOLIQUIDATETHEPROPERTYOFTHEJOINTVENTUREARTICLE72THETASKOFTHELIQUIDATIONCOMMITTEESHALLBETOROUNDLYCHECKTHEPROPERTY,CREDITANDDEBT,TOWORKOUTBALANCESHEETANDLISTOFPROPERTY,TOCONSTITUTELIQUIDATIONSCHEME,ANDTOCARRYOUTAFTERTHESUBMITTEDAPPLICATIONTOTHEBOARDOFDIRECTORSISRATIFIEDARTICLE73ATTHEDURATIONOFLIQUIDATION,THELIQUIDATIONCOMMITTEEREPRESENTSTHECOMPANYTOINDICTORACCEPTACCUSATIONARTICLE74FEEOFLIQUIDATIONANDREW

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