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Chinese Company and Securities Law/刘成伟(4)
2.6 Total Investment Amount 32
2.7 Term of Operation 34
2.8 Corporate Governance Structure of an FIE 35
2.8.1 Board of Directors as the Power Organ for an
EJV or CJV 35
2.8.2 Shareholders’ Meeting / Sole Shareholder as the
Power Organ for a WFOE 35
2.8.3 Board of Supervisors or a Single Supervisor
Required for All FIEs 36
2.9 Establishment Procedures of an FIE 37
2.10 Liquidation of an FIE 44
2.11 Key Provisions at Issue 44
x Table of Contents
Chapter 3
Foreign Invested Holding Company (FIHC) 47
3.1 Introduction and Latest Developments 47
3.2 Establishment of an FIHC 48
3.2.1 Qualifications of the Investor 48
3.2.2 Registered Capital 48
3.2.2.1 Capital Injection 48
3.2.2.2 Contribution by Converting Paid-in
Capital in Existing FIEs 49
3.2.3 Total Investment Amount 51
3.2.4 Approval of the National MOFCOM 51
3.3 Business Scope of the FIHC 53
3.3.1 Overview 53
3.3.2 Investment in Investee FIEs 53
3.3.2.1 Investment Ways 53
3.3.2.2 The Minimum USD 30 Million Investment
Commitment 54


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