Article 2 The change in the equity of a foreign-invested enterprise investor referred to in these Provisions refers to an investor of a Sino-foreign joint venture, a Chinese-foreign contractual joint venture, a foreign-funded enterprise (hereinafter collectively referred to as a corporation) established in China within the Chinese laws or The share of the company's capital contribution (including the provision of cooperation conditions) (hereinafter referred to as equity) has changed.
The following main reasons, including but not limited to, result in changes in equity of foreign-invested corporate investors:
(1) The agreement between the enterprise investors to transfer the equity;
(2) The enterprise investor agrees to transfer the equity to its affiliated enterprise or other assignee through the consent of the other parties' investors;
(3) The adjustment of the registered capital of the enterprise by the enterprise investor agreement leads to the change of the equity of the investors of each party;
(4) The enterprise investor pledges its equity to the creditor with the consent of the other parties' investors, and the pledgee or the beneficiary obtains the investor's equity in accordance with the law and the contract;
(5) If the enterprise investor is bankrupt, dissolved, revoked, revoked or dies, its heir, creditor or other beneficiary obtains the investor's equity according to law;
(6) The merger or division of the enterprise investors, and the successors after the merger or division shall inherit the original investor equity according to law;
(7) The enterprise investor does not fulfill the capital contribution obligations stipulated in the enterprise contract and the articles of association, and the investor is replaced or the shareholding is changed with the approval of the original examination and approval authority.
Article 3 Changes in the shareholding of a corporate investor shall comply with the relevant laws and regulations of China, and shall be subject to the approval of the examination and approval authority and the registration of the registration authority in accordance with these regulations. Changes in equity that have not been approved by the approval authority are invalid.
Article 4 Changes in the shareholding of a corporate investor must comply with the requirements of Chinese laws and regulations on investor qualifications and industrial policy requirements.
According to the "Guidance Catalogue for Foreign Investment Industries", foreign-owned enterprises are not allowed to operate. The change of equity shall not cause foreign investors to hold the entire equity of the enterprise; if the enterprise becomes a foreign-funded enterprise due to the change of equity, it must also comply with the "People's Republic of China". The conditions for the establishment of a foreign-funded enterprise as stipulated in the Detailed Rules for the Implementation of the Foreign-funded Enterprise Law (hereinafter referred to as the “Rules for Foreign Investmentâ€)
In an industry that requires state-owned assets to hold or dominate, changes in equity may not result in foreign investors or non-Chinese state-owned enterprises occupying a dominant or dominant position.
Article 5 Unless the foreign investor transfers all of its equity to the Chinese investor, the change in the equity of the corporate investor shall not result in the investment ratio of the foreign investor being less than 25% of the registered capital of the enterprise.
Article 6 With the consent of other investors of the enterprise, investors who have paid the capital may, according to the relevant provisions of the Guarantee Law of the People's Republic of China (hereinafter referred to as the “Guarantee Lawâ€), sign the pledge contract and approve it with the approval of the examination and approval authority. The equity formed by the capital contribution is pledged to the pledgee. Investors may not pledge the equity of the unpaid portion of the payment. Investors are not allowed to pled their shares to the company.
During the pledge period, the identity of the pledged investor as a corporate investor remains unchanged. Without the consent of the pledged investors and other investors, the pledgee may not transfer the pledged equity; without the consent of the pledgee, the pledged investor The pledged equity may not be transferred or re-plied. The rights and obligations of the pledge investors and pledgee and the contents of the pledge contract shall be governed by the relevant laws, regulations and the relevant provisions of these Provisions.
Article 7 The examination and approval authority for the change of the equity of a corporate investor is the approval authority for the establishment of the enterprise. If the equity of the Chinese investor of the Sino-foreign joint venture or cooperative enterprise changes, the enterprise becomes a foreign-invested enterprise, and the enterprise engages in the fifth foreign investment rules. In the case of the establishment of a foreign-funded enterprise as stipulated in the Article, the change of the equity of the Chinese investor of the enterprise must be approved by the Ministry of Foreign Trade and Economic Cooperation of the People's Republic of China. If an enterprise changes the registered capital and causes the investor's equity to change and the total investment exceeds the approval authority of the original examination and approval authority, the change of the equity of the enterprise investor shall be reported to the higher-level examination and approval authority for approval according to the examination and approval authority and relevant regulations.
The registration authority for the change of the equity of the enterprise investor is the original registration authority, and the change of the shareholding approved by the Ministry of Foreign Trade and Economic Cooperation shall be subject to change registration by the State Administration for Industry and Commerce or its original registration authority.
Article 8 When the equity of a Chinese investor investing in state-owned assets is changed, the relevant state-owned assets appraisal institution must evaluate the value of the equity to be changed and confirm it by the state-owned asset management department. The confirmed evaluation results should be used as the basis for the change of equity.
Article 9 If the shareholding needs to be changed due to the reasons of Article 2 (1) and (2) of these Provisions, the enterprise shall submit the following documents to the examination and approval authority:
(1) An application for change in investor equity;
(2) The original contract, articles of association and amendment agreement of the enterprise;
(3) A copy of the enterprise approval certificate and business license;
(4) The resolution of the board of directors of the enterprise regarding the change of the investor's equity;
(5) A list of the members of the board of directors after the change in the equity of the enterprise investor;
(6) An equity transfer agreement signed between the transferor and the transferee and signed by other investors or recognized in other written manners;
(7) Other documents required to be submitted by the examination and approval authority.
Article 10 The equity transfer agreement shall include the following main contents:
(1) the name, domicile, legal representative's name, position and nationality of the transferor and the transferee;
(2) The share of the transferred equity and its price;
(3) The time limit and method for the transfer of equity shares;
(4) The rights and obligations of the transferee in accordance with the enterprise contract and articles of association;
(5) Liability for breach of contract;
(6) Applicable laws and settlement of disputes;
(7) The entry into force and termination of the agreement;
(8) The time and place of the agreement.
Article 11 If it is necessary to change the shareholding due to the reasons of Article 2 (3) of these Provisions, it shall comply with the relevant special provisions of the Ministry of Foreign Trade and Economic Cooperation and the State Administration for Industry and Commerce, except for the application of Article 9 (1) and (2) In addition to the documents stipulated in (3), (4) and (5), the equity change agreement signed by the enterprise investor shall also be submitted to the examination and approval authority.
Article 12 After an enterprise investor and a pledgee enter into an equity pledge contract, the following documents shall be submitted to the examination and approval authority for approval of the establishment of the enterprise;
(1) A resolution of the board of directors of the enterprise and other investors regarding the consent of the pledged investor to pledged its equity;
(2) The pledge contract signed by the pledged investor and the pledgee;
(3) The capital contribution certificate of the pledged investor;
(4) The capital verification report issued by the Chinese registered accountant and his firm for the enterprise.
The examination and approval authority shall decide whether to approve or disapprove within 30 days from the date of receipt of all the documents stipulated in the preceding paragraph.
The enterprise shall, within 30 days after obtaining the approval of the examination and approval authority to approve the equity of its investors, wait for the relevant approval documents to be filed with the original registration authority.
The pledges that have not been examined and filed in accordance with the provisions of this article are invalid.
Article 13 In accordance with the provisions of the Guarantee Law, if the transfer of the transferred equity is owned by the pledgee or other beneficiaries, the enterprise shall submit the ninth (1), (2) and (3) to the examination and approval authority. In addition to the documents stipulated in (5), the pledgee or other beneficiary shall also be reported to obtain valid proof of the original investor's equity. The examination and approval authority shall conduct an examination in accordance with the above-mentioned documents and the documents mentioned in Article 12 of these Provisions and the relevant laws and regulations.
Article 14 If the shareholding needs to be changed due to the reasons of Articles (5) and (6) of Article 2 of this Regulation, the enterprise shall submit the documents as stipulated in Articles (1), (2), (3) and (5) of Article 9 In addition, it shall also submit to the examination and approval authority a valid certification document that the equity acquirer obtains the equity of the original investor.
If the provisions of Articles (5) and (6) of Article 2 of this Regulation result in changes of the enterprise investors, if other investors of the enterprise do not agree to continue the operation, they may apply to the original examination and approval authority for termination of the original enterprise contract and articles of association. After the termination of the original enterprise contract and articles of association, the equity acquirer has the right to participate in the liquidation committee and distribute the remaining assets of the enterprise after liquidation; if the equity acquirer does not agree to continue the operation, the equity of the company may be transferred in accordance with these regulations. To other investors or third parties of the company.
Article 15 If the investor needs to change or change the equity due to the reasons of Article 2 (7) of this regulation, the defending party investor has the right to apply for the change from the examination and approval authority unilaterally. In addition to submitting the documents stipulated in items (1), (2), (3) and (5) of Article 9 of the contracting party, the following documents shall also be submitted to the examination and approval authority:
(1) The capital verification report issued by the Chinese registered accountant and its firm for the enterprise; (2) The observant party urges the defaulting party to pay or pay the proof of the capital contribution.
If a new investor participates in the stock, it should also submit the legal opening certificate and credit certificate of the new investor to the approving authority.
If the defaulting party has paid part of the capital contribution in accordance with the original contract and articles of association of the enterprise, it shall also submit to the examination and approval authority the relevant documents for the enterprise to clean up part of the capital contribution of the defaulting party.
Article 16 Where the equity of a Chinese investor investing in state-owned assets changes, the enterprise must also submit the following documents to the examination and approval authority:
(1) The opinion of the competent department of the Chinese investor on the signing of the change in the equity of the enterprise investor;
(2) An asset assessment report issued by the state-owned assets appraisal agency on the equity to be changed;
(3) Confirmation issued by the state-owned assets management department on the above-mentioned asset assessment report:
Article 17 The examination and approval authority shall decide whether to approve or disapprove within 30 days from the date of receipt of all the documents required to be submitted.
The enterprise shall, within 30 days from the date on which the examination and approval authority approves the change of the equity of the enterprise investor, go through the formalities for changing the approval certificate of the foreign-invested enterprise to the examination and approval authority.
If the Chinese investor obtains the entire equity of the enterprise, it shall, within 30 days from the date of approval by the examination and approval authority of the change of the equity of the enterprise investor, pay the approval certificate of the foreign-invested enterprise to the examination and approval authority. The examination and approval authority shall, within 15 days from the date of revoking the approval certificate of the foreign-invested enterprise, issue a notice to the original registration authority of the enterprise to cancel the approval certificate of the foreign-invested enterprise.
Article 18 An enterprise shall, within 30 days from the date of change or cancellation of the approval certificate of a foreign-invested enterprise, apply to the registration authority in accordance with the Regulations on the Administration of the Registration of Enterprise Legal Persons of the People's Republic of China and the Regulations on the Administration of Company Registration of the People's Republic of China. If the registration is changed and the registration is not completed at the registration authority in accordance with these regulations,
The registration authority shall impose penalties in accordance with relevant regulations.
Article 19 When an enterprise applies for registration of change of equity, it shall submit to the registration authority the relevant documents submitted to the examination and approval authority, the approval documents of the examination and approval authority, and other documents required by the registration authority.
If it is necessary to replace the investor or change the shareholding registration due to the reasons of Article 2(7) of this regulation, in addition to the documents specified in Article 15 of these Provisions, the documents of the new board of directors and their identity shall be submitted. Proof and new board resolutions.
If the Chinese investor obtains the entire equity of the enterprise due to the change in the equity of the enterprise investor, the enterprise shall submit the relevant documents to the registration authority in accordance with the registration requirements for the type of the enterprise to be changed when applying for the change registration. After approval by the registration authority, the "Business License of Enterprise Legal Person of the People's Republic of China" shall be cancelled and the Business License of Enterprise Legal Person shall be reissued.
Article 20 The equity transfer agreement and the modification of the original contract and articles of association of the enterprise shall take effect from the date of issuance of the approval certificate for the foreign-invested enterprise. After the agreement comes into effect, the enterprise investor shall enjoy the relevant rights and assume relevant obligations in accordance with the revised enterprise contract and articles of association.
Article 21 Except as otherwise provided by laws and regulations, the transfer of unlisted shares of a foreign-invested company shall be carried out in accordance with these Provisions.
Article 22 Changes in the shareholding of corporate investors invested by companies, enterprises and other economic organizations or individuals in Hong Kong, Macao and Taiwan in other parts of China shall be handled in accordance with these Provisions.
Article 23 These Provisions shall come into force as of the date of promulgation.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.

The Bluetooth wireless speaker is the terminal of the entire audio system, to convert the audio energy into corresponding sound energy and radiate it into the space. Bluetooth speakers usually consist of speaker, crossover, cabinet, sound absorbing materials and so on. Bluetooth speaker is a device that converts audio signal into sound. In general, it means that the main body of the speaker or the subwoofer box has its own power amplifier. After the audio signal is amplified, the sound is played back by the speaker itself, making the sound louder.
Advantages:
1: Perfect support for the tablet and mobile phone. The transmission is stable. the distance is generally 10 meters.
2: Miniaturization, fashion, and versatility.
3: The sound quality is delicate and soft. The appearance is more delicate and beautiful.
The sound pressure level of the sound is not too high, and the power received is relatively small.
Bluetooth Speaker,Wireless Speaker,Wireless Bluetooth Speakers,Portable Wireless Speakers
Shenzhen Linx Technology Co., Ltd. , https://www.linxheadphone.com