Measures for the Administration of the Registration of Capital Contribution in the Form of Equity

股权出资登记管理办法

The total of the amount of capital contribution in the form of valuated equity and of capital contribution in the form of other valuated non-monetary property by all of the shareholders may not exceed 70% of the registered capital of the investee company.

(Promulgated by the State Administration for Industry and Commerce on January 14 2009 and effective as of March 1 2009.)

(国家工商行政管理总局于二零零九年一月十四日公布，自二零零九年三月一日起施行。)

Order of the SAIC No.39

Article 1: These Measures have been formulated pursuant to laws and regulations such as the Company Law and the Regulations for the Administration of Company Registration in order to regulate the registration of capital contribution in the form of equity.

国家工商总局令第39号

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