The Administrative Committee of YEDA

The Administrative Committee of YEDA is an agency of the Yantai Municipal People's Government. It exerts unified administration over YEDA, works out administrative regulations for YEDA in accordance with the Chinese laws, draws up the construction plan of YEDA and organizes the implementation, examines & approves the foreign-funded projects below 30 million USD as authorized by the State, administers the land use and construction design in YEDA, sets up public facilities for education, culture, hygiene, etc., maintains public order of YEDA, protects legitimate rights and interests of the enterprises in the YEDA. Under the Administrative Committee of YEDA are a number of functional and social service institutions, thus formulating complete investment service system.

Website of YEDA: http://www.yeda.gov.cn

Structure of the Management Institutions of YEDA

Investment Promotion Agency of YEDA

Responsible for project examination & approval, introducing investment, site selecting for project, land use approving, facilities construction promotion, foreign affairs and overseas Chinese affairs. Providing the one-stop services including project negotiation, preliminary approval, final approval and the registration, and from the site preliminary selection, construction preparation, formal construction and till running into operation.

Website of YEDAIPA: http://www.yantaiinvest.gov.cn
E-mail: yedaipa@public.ytptt.sd.cn
Contact telephone: +86-535-6377777, 6381841
Fax: +86-535-6385305

Foreign Investment Service

Undertake formalities of examination & approval of various projects with entrustment by certain enterprises, and procedures for establishing offices of foreign institutions in YEDA.

Tel: 0535-6377662£¬ 6388124 Fax: 0535-6373564

Project preliminary approvalProject name examination and approval Final approval of project feasibility study reports, contracts and articles of association Enterprises code for application Issuing Foreign-invested Enterprises CertificateBusiness licenses application

All documents shall be original copies unless otherwise specified hereunder.

Equity Joint Ventures and Contractual Joint Ventures

1. Documents required for approval of project applications
Project applications by Chinese partners;
uplicate copies of project proposals;
etters of intent (or agreements) of equity joint ventures or contractual joint ventures;
xamination of project environment protection;
urchase (Certificates of Property rights) or rent contracts of factory buildings.

£². Documents required for approval of project feasibility study reports, contracts and articles of association

pplications by Chinese partners;
roject feasibility study reports;
ontracts and articles of association of equity joint ventures or contractual joint ventures;
uplicate copies of business licenses of parties to joint ventures, passports of foreign legal representatives, and credentials of legal representatives of parties to joint ventures, credit certificates of foreign parties to joint ventures and net assets auditing reports of Chinese parties to the joint venture;
ist of members of boards of directors with their signatures and appointment certificates of directors from parties to joint ventures;
ists of import articles and the supporting technology, components and spare parts;
ame registration confirmation of joint venture names; Wholly Foreign-owned Enterprises.

Wholly-owned Ventures

1. Documents required for approval of project applications

Project applications by the entrusting Chinese agents;
Project applications by the foreign investors;
Project proposals;
Letters of entrusting Chinese agents by foreign investors;
Examination of environment protection;
Purchase (Certificates of Property rights) or rent contracts of factory buildings.

2. Documents required for examination and approval of feasibility study reports and articles of association

Project applications by entrusted Chinese agents;
Project feasibility study reports;
Articles of association;
Application forms for the establishment of the wholly foreign-owned enterprises;
Duplicate copies of business licenses, and credit certificates of foreign investors;
Duplicate copies of legal representatives' passports, and credentials of legal representatives of foreign investors;
Duplicate copies of balance sheets of foreign investors in the last three years;
Appointment certificates of directors of foreign investors, lists of members of boards of directors with their signatures;
Lists of import articles and the supporting technology, components and spare parts;
Name registration form of wholly foreign-owned enterprises.

Domestic-invested Enterprises

Applications by investor;
Feasibility study reports;
Articles of association;
Copies of investor's business license or Identity Cards;
Credit certificate;
Examination of project environment protection;
Purchase (Certificates of Property rights) or rent contracts of factory buildings.

Establishment of Offices by Foreign Companies in YEDA

Applications for the establishment of offices in YEDA by foreign companies;
Letters of entrusting the Chinese agents to handle the relevant formalities for the approval of foreign companies' offices;
Duplicate copies of business licenses of foreign companies, and their credit certificates;
Certificates of office domiciles;
Power of attorney of resident representatives;
Curriculum vitae of resident representatives;
Brief introduction of foreign companies.

Registration with the Administration for Industry and Commerce

Filling in registration forms;
Applications of opening business signed by enterprises' legal representatives;
Bound volumes of complete project approval documents (one original copy and one duplicate copy);
Certificates of Chinese personnel who hold posts in the board of directors or are appointed as general managers or deputy general managers issued by their original working units;
Purchasing (certificate of property rights) or rent contracts of factory buildings;
Duplicate copies of passports of members of boards of directors;
Certificate duplicates of ratification certificates of foreign- invested enterprises.

(TRANSLATED BY MR. WANG LIN / MS. WANG CUIPING)