hich an investment company invests directly  or jointly with other foreign investors and/ or Chinese  investors,  and  the capital contribution of  the  investment  company  or  of  the  investment company together with other foreign  investors,  accounts  for  more  than twenty-five per cent of the registered capital of such enterprises already established; and

(2)the enterprises already established within the territory  of  China in which the capital contribution of  the  investment  company  and  other foreign investors account for  more  than  twenty-five  per  cent  of  the registered capital of such an enterprise as a result of purchasing part or all of the shares from its investors, or its affiliated companies or other foreign investors.

Unless otherwise  specifically  approved  by  MOFTEC,   an  investment company can only provide services specified in Item 2,  Article  5  hereof for the enterprises with its investment as described above.

An investment company shall not be engaged  in  intermediary  business service related to trade in China on behalf of its investor(s).

Article 7

Upon the approval by the People's Bank of China, an investment company may provide financial support for the  enterprises  with  its  investment.

Article 8

The term of operation of an investment company shall be  examined  and approved in accordance with the relevant state regulations on the term  of operation of foreign-invested enterprises and on the basis of  the  nature of the projects intended to be  established  by  the  Investment  Company.

Article 9

The establishment of an enterprise  in  which  an  inve

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