TDG Holding Co., Ltd. Board of Directors resolution, four fifteenth Bulletin (part 4)

TDG Holding Co., Ltd. Board of Directors resolution, four fifteenth Bulletin (part 4)




Fourth, the main elements of foreign investment contracts



In cash in the joint venture company invested RMB 9 million yuan, accounting for December 31, 2008 the net assets of 0.58%, accounting for the joint venture company's registered capital of 21.0035%.

2, officials settings:

Joint venture board of directors, members of seven people, the company sent two, while other factions in an investor. Supervisors proposed a.

3, operating period:

Joint venture joint venture period from the date of issuance of business license fifteen years. Except under the provisions of this subparagraph to extend the joint venture period, this contract shall terminate upon the expiration of the joint venture. A joint venture joint venture the parties to agree to extend the duration of the joint venture shall be the joint venture period of at least six months prior to the board of directors proposed by the board of directors and the original examination and approval authority may be extended upon approval of a joint venture period.

4, dispute resolution method:

In the performance of this contract, occur during or in connection with all disputes related to this contract, first of all by the joint venture through friendly consultations between the parties or by a third-party mediation to solve them. If negotiation or mediation can not be solved, can be submitted to a third party to resolve Hong Kong.

5, entry into force conditions: joint venture contracts were subject to Board of Directors considered and adopted only after the signing, the latter reported that South Lake District, Jiaxing City, Zhejiang Province Foreign Trade and Economic Bureau of the date of approval.

6 days Ying investment, science and technology is committed to the Yu Xing Branch PV company intends to develop mass production of green energy industry support, Xingke technology as an industry capital investment to support the financing needs of PV-yu can have a flexible exit channel, by Xingke Science and Technology suggested that Tianying investment Xingke photovoltaic science and technology in addition to the two sides and Yu signed the "joint venture contract", "He co-investment agreement box", the three parties signed the "Investment and Cooperation Agreement", the agreement provides that: ( 1) Since the photovoltaic business registration yu can set the date three years Xingke the subject of science and technology held by the company's stock does not make any transfer, pledge. (2) Since the photovoltaic business registration Yu can be set up in three years from the date any time, day Xingke profit investment to science and technology in full or in part (to revive Division reserve the right not more than 1 million yuan technology equity limit) to acquire its Yu can be held by the photovoltaic stake Xingke the right to decide for themselves whether to keep the technology is not greater than 100 million of equity and the specific amount of the reservation, the purchase price is fixed by convention: Xingke technology corresponds to the proportion of the original purchase amount plus the amount of funding Xingke funded science and technology during the last financial interest, the interest rate of 6% fixed interest rate calculations. The company also agreed to this agreement.



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