General Corporate Finance
    
Chapter I General Provisions

To meet the first of China's socialist market economic development, the norms of corporate finance, a business-friendly level playing field, strengthening financial management and economic accounting, to introduce the General. ,

The second is the establishment of the General People's Republic of China's enterprises of all types of financial activities must abide by the principles and norms. ,

A third are in the process of industrial and commercial enterprises should be registered or to change the registration within thirty days from the date, to the competent authorities to submit financial companies approved the establishment of a certificate, business license, charter and other documents or copies of the document changes. ,

Article IV of corporate financial management based on the principle that the establishment of a sound internal financial management systems, financial management, good working basis, to reflect the true financial position of enterprises, calculated in accordance with the law and to pay national taxes to ensure the rights and interests of investors. ,

Article V of the financial management of enterprises and the basic task is to do a good job of the financial revenue and expenditure plans, control, accounting, analysis and evaluation, in accordance with the law and reasonable to raise funds, the effective use of corporate assets, and strive to improve economic efficiency. ,



The second chapter to raise funds

Article VI of the establishment of the enterprise must have a statutory capital. Capital refers to the business in the industrial and commercial administration departments registered with a registered capital. In accordance with the main capital investment into the national capital, corporate capital, individual capital and foreign capital, and so on. ,

Article VII of the enterprises in accordance with national laws and regulations, can take the national investment, the parties to issue shares to raise funds or other means to raise capital. Investors can use cash, in kind, in the form of intangible assets to business investment. Investors did not invest in accordance with the contract, an agreement to fulfill the obligations of investors, companies or other investors could be dealt with by law breach of duty. ,

Article VIII of the enterprises in the capital-raising activities, investors paid up capital in excess of the difference between capital (including share premium), a statutory revaluation of property value, as well as to accept the donation of property, etc., included in the capital fund.
Capital Fund in accordance with the provisions of Zhuanzeng capital. ,

Article 9 of the business of raising capital, enterprises enjoy the right to operate the business in the period, investors in addition to the transfer in accordance with the law, shall not in any way a certain amount of money. Laws and administrative regulations otherwise stipulated.

Article X of the companies liabilities, including long-term debt and current liabilities.

Long-term debt refers to the period of repayment within a year or more than one year or more of a business cycle of debt, including long-term borrowing to meet the long-term bonds, long-term payables, and so on. ,

Refers to current liabilities in a year or more than one year of a business cycle, debt, including short-term borrowing to meet short-term bonds, the cost of withholding, and to meet the advance payment, and so on. ,

Article 11 of the long-term debt accrued interest payments, the period of preparation, included in the start-up costs; during the production and management, finance charges included; the liquidation period, gains and losses included in the liquidation. Among them, with the purchase or construction of fixed assets related intangible assets, the assets have not yet been delivered or delivered but not yet for the completion of previous accounts, included in the purchase to build the value of the assets. Current liabilities of the accrued interest expense, excluding the financial cost. ,