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Article 315 In Articles of Association, the following terms have the following meanings:
“ Articles of Association” refers to the existing Articles of
Association of the Company;
“Board of Directors” refers to the Board of Directors of the
Company;
“PRC” refers to the People’s Republic of China;
“RMB” refers to the legal tender of China;
“Seal” refers to the ordinary seal used from time to time by the Company and the official seal maintained by the Company (if any), or one of the two depending upon the circumstances;
“Actual Controllers” refers to those who, though not shareholders of the Company, can actually control the activities of the Company through investment relationship, agreement or other arrangement;
“Connected Relationship” refers to the relationships between controlling shareholders, Actual Controllers, directors, supervisors, senior administrative officers of the Company and their directly or indirectly controlled enterprises, and other relationships that may lead to the transfer of interests of the Company. However, there is no connected relationship among State controlled enterprises.
Article 316 In Articles of Association, a sum and above include such sum while more than a sum or less than a sum does not include such a sum.
Article 317 In Articles of Association, the meaning of an accountant firm is the same as that of “auditors”.
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