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SEVERAL PROVISIONS CONCERNING THE INVESTMENTS MADE BY THE VARIOUSPART IES TO CHINESE-FOREIGN EQUITY JOINT VENTURES

Article 1 These Provisions are formulated in accordance with the Law of the People's Republic of China on Chinese-Foreign Equity Joint Ventures and other pertinent laws and regulations in order to protect the lawful rights and interests of the various parties to Chinese-foreign equity joint ventures hereinafter referred to as the “joint ventures”), and to maintain the social economic order.

  Article 2 The investments contributed by the various parties to a joint venture in accordance with the stipulations of the contract of the said joint venture must be the cash owned by the parties themselves as well as the physical goods the industrial property rights the proprietary technology and etc. that are owned by the parties themselves and have not been used to establish any security interests...


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