Examples of PRC Company Law in a sentence
Beijing Media Corporation Limited (hereinafter referred to as the “Company”) was incorporated in the PRC on 28 May 2001 as a joint stock company with limited liability under the PRC Company Law.
They implemented their respective duties according to the PRC Company Law and the Articles of Association.
The Company was incorporated in Shenzhen, Guangdong Province, the PRC under the PRC Company Law on 14 January 1980 and was named as “China International Marine Containers Co., Ltd.” (中國國際海運集裝箱股份有限公司) upon incorporation.
After the Merger, the Company will be merged into and absorbed by the Offeror in accordance with the PRC Company Law and other applicable PRC Laws.
The Company established and improved relatively standardized corporate governance structure and rules of procedures strictly according to law, rules and regulations, including the PRC Company Law, and the Articles of Association of the Company, formed a decision-making and operation management system with the Shareholders’ Meeting, the Board of Directors, the Supervisory Committee and the management of the Company as the principal structure.
Should an Offeror require clarifications regarding the RFP, the Offerer shall notify William Zimmerman of the City of Norwalk Engineering Division in writing in accordance with Section l.D.2. Should it be found that the point in question is not clearly and fully set forth in the RFP, the City of Norwalk will issue a written addendum clarifying the matter(s).
The Articles of Association of each PRC Subsidiary comply with the requirements of applicable PRC law, including the PRC Company Law, and are in full force and effect.
In accordance with the PRC Company Law, certain subsidiaries of the Group which are domestic enterprises are required to allocate 10% of their profit after tax, as determined in accordance with the relevant PRC accounting standards, to their respective statutory reserves until the reserves reach 50% of their respective registered capital.
If the Merger Agreement is implemented and completed, each of GWT and CGW will be merged and absorbed by CEC in accordance with the PRC Company Law and other applicable PRC Laws.
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