New Company Law - Structure Change Log 2

2006 Company Law's New Contents:

1, Chapter 2, Section 3, "Special Provisions on One-person Limited Liability Companies"

2, the title of Section 4 in Chapter 2 is changed from"stateowned sole corporation"(2004 Comyany Law: Chapter 2 Section 3) into "Special Provisions on Solely State-owned Companies ".

3, List parts of articles sheets of the old articles (2004 Comyany Law), added for Chapter 3 "Transfer of Stock Right of A Limited Liability Company".

4, the title of Section 5 in Chapter 4 is changed from" Listed Companies"(2004 Comyany Law: Chapter 4 Section 3) into " Special Provisions on the Organizational Setup of A Listed Company ".

5, List parts of articles sheets of the old articles (2004 Comyany Law), added for Chapter 6 " Qualifications and Obligations of the Directors, Supervisors and Senior Management of A Company ".

6, the title of Chapter 9 is changed from" Merger and Division of a Company "(2004 Comyany Law: Chapter 4 Section 3) into " Merger and Split-up of Company; Increase and Deduction of Registered Capital ".

7,the title of Chapter 10 is changed from" Bankruptcy, Dissolution And Liquidation "(2004 Comyany Law: Chapter 8 ) into " Dissolution and Liquidation of A Company ".

8, There are 13 chapters in the 2006 Comyany Law, totally 219 articles; however,there are only 11 chapters in the 2004 Comyany Law, totally 230 articles.