埃塞俄比亚公司章程备忘录英文模板Model-Memorandum-of-Association1.docxVIP

PAGE PAGE 2 CHEER CHEMICAL FIBER PLC MEMORANDUM OF ASSOCIATION Article One Establishment Members, whose signatures are found at the end of this document, have agreed to establish a Private Limited Company governed by the Commercial Code of Ethiopia, this Memorandum of Association and Articles of Association attached herewith. Article Two Name, Nationality and Address of Members No. Name Nationality Address 1. Shengguo Li Chinese, Passport No.Jiangsu Province, China 2. Liang Zhang Chinese, Passport No.Jiangsu Province, China 3 Jianping Yan Chinese, Passport No.Fujian Province, China Article Three Name and Head Office of the Company The name of the Company shall be Cheer Chemical Fiber Private Limited Company. Without prejudice to the rights of Members to open branch offices within or outside Ethiopia, the Companys head offices shall be Oromia Region Eastern Industry Zone, Dukem City, Dukem Koticha Kebele, House No. New. Article Four Business Purpose of the Company The Company is established for the purposes of: Manufacture of man-made fibers. Article Five Capital The capital of the Company is Birr 4,700,000 (four million and seven hundred thousand birr) and it has been fully paid in cash. The whole capital is divided by 4,700 shares having per value of Birr 1,000 each fully paid in cash. The numbers of shares owned by the members are as follows: No. Name of shareholder No. of shares Value of a single share Total Contribution 1. Shengguo Li 1598 1000 1,598,000 2. Liang Zhang 1551 1000 1,551,000 3. Jianping Yan 1551 1000 1,551,000 Total 4700 4,700,000.00 Article six Members Liability Members jointly and severally approve that the capital stated above has been fully paid in cash. Accordingly, the liability of members have been limited up to the amount of shares they are entitled. Article Seven Distribution of Profits and Losses Unless members agree otherwise, the annual profit of the company shall be distributed among members proporti