Common use of Contents and Method of Supervision and Control Clause in Contracts

Contents and Method of Supervision and Control. (1) Party A’s supervision and inspection of Party B shall include daily inspection, annual review and special inspection. Daily inspection mainly covers the daily operation of the Entrusted Assets under this Agreement. Annual review mainly includes Party A’s annual evaluation of the soundness and implementation of Party B’s internal investment decision-making procedures, review on the risk controls and its implementation, and assessment of the rationality of the accounting. Special inspection mainly covers the followings: daily operation of the Entrusted Assets under this Agreement, whistle blowing by a third party, conflict of interest, emergencies or Party B’s violation of this Agreement which may result in loss on the Entrusted Assets. (2) Party A’s supervision and inspection may be conducted on-site or off-site. Party B shall assist and cooperate with such supervision and inspection, faithfully report the facts and provide information. (3) Party B shall ensure that the furnished information, data and materials of the Entrusted Assets are true, accurate and up-to-date.

Contents and Method of Supervision and Control. (1) Party A’s supervision and inspection of Party B shall include be divided into daily inspection, annual review and special inspection. Daily inspection mainly covers the daily operation of the Entrusted Assets under this Agreement. Annual review mainly includes include Party A’s annual evaluation of the soundness and implementation of Party B’s internal investment decision-making procedures, review on the of Party B’s risk controls and its implementationimplementation thereof, and assessment of the rationality soundness of the accounting. Special inspection mainly covers the followings: daily operation of the Entrusted Assets under this Agreement, whistle blowing reporting by a third party, conflict of interest, emergencies or sudden occurrence of events and Party B’s violation of this Agreement which may result results in loss on the Entrusted Assets. (2) Party A’s supervision and inspection may be conducted on-site or off-site. Party B shall assist and cooperate with such supervision and inspectionstaff of Party A, faithfully report truthfully the facts situations and provide information. (3) Party B shall ensure that the furnished information, data and materials of the Entrusted Assets are as provided by it shall be true, accurate and up-to-date.

Contents and Method of Supervision and Control. (1) Party A’s supervision and inspection of Party B shall include daily inspection, annual review and special inspection. Daily inspection mainly covers the daily operation of the Entrusted Assets under this Agreement. Annual review mainly includes Party A’s annual evaluation of the soundness and implementation of Party B’s internal investment decision-making procedures, review on the risk controls and its implementation, and assessment of the rationality of the accounting. Special inspection mainly covers the followings: daily operation of the Entrusted Assets under this Agreement, whistle blowing by a third party, conflict of interest, emergencies or Party B’s violation of this Agreement which may result in loss on the Entrusted Assets. (2) Party A’s supervision and inspection may be conducted on-site or off-site. Party B shall assist and cooperate with such supervision and inspection, faithfully report the facts and provide necessary information. (3) Party B shall ensure that the furnished information, data and materials of the Entrusted Assets are true, accurate and up-to-date.