Article of Association of Qingdao xxx Machinery Imp. & Exp.Co., Limited
In order to meet the requirements of the socialist market economy and develop the productive forces, the articles of association are formulated in accordance with the People's Republic of China Company Law (hereinafter referred to as the company law). Chapter I Name and Residence of The Company Article 1 Company name: Qingdao xxx Machinery Imp. & Exp.Co., Limited Article 2 Company residence: ******************, Shinan District, Qingdao Chapter II Business Scope of The Company Article 3 Business scope of the company: import and export of goods, import and export of technology, wholesale and retail: textile machinery, mechanical and electrical products, hardware and electrical equipments, mechanical products and accessories.(The above scope need to be licensed, the business must be licensed.) Chapter III The Registered Capital of The Company Article 4 The registered capital of the company : RMB 900,000 Yuan If the company increases or decreases its registered capital, it must convene a shareholders' meeting and pass it by all the shareholders and make a decision. If the company reduces its registered capital, it shall notify the creditor within ten days from the date of making the decision, and announce it at least three times in the newspaper within thirty days. If the company changes its registered capital, it shall go through registration procedures with the registration authority according to the law.