Branches and Subsidiaries. The Company may establish branch offices and/or subsidiaries in the PRC upon the approval of the Board of Directors and, if necessary, the Examination and Approval Authority and the relevant local government departments.
Branches and Subsidiaries. The Company may establish branch offices and/or subsidiaries upon the approval of the Board of directors and, if necessary, the relevant governmental authorities.
Branches and Subsidiaries. The Joint Venture may apply with competent governmental authorities to establish its branches and subsidiaries and/or offices after so approved by the board of directors.
Branches and Subsidiaries. Beijing Affiliate Guangzhou Affiliate List of Shareholders and Percentage of Equity Interest: Xxxxxxx Xxx [GRAPHIC] 9.9 million cash 49.5 Xxxxxxxx Xxx 3.6 million cash 18 Xxxxxxxx Xxx 1.8 million cash 9 Guanyong Tian 2 million cash 10 Xxxx Xxx 2.7 million cash 13.5
Branches and Subsidiaries. The JVCo may establish subsidiaries and branches in and outside the PRC subject to obtaining all necessary approvals of the competent Governmental Authorities and the approval of the Board pursuant to Article 9.
Branches and Subsidiaries. The Joint Venture Company or Project Company may establish branch offices and/or subsidiaries in the PRC upon the approval of the Board of Directors and, if necessary, the Examination and Approval Authority and the relevant local government departments.